24 Morrison Road Unit A13, Kitchener

Price: $439,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12861954

Prime End-Unit Townhome in Desirable Chicopee- Backing Onto Greenspace. Welcome to this bright and spacious stacked two-storey townhouse condo in the highly sought-after Chicopee neighbourhood. Offering 1,265 sq ft of well-designed living space, this end unit boasts one of the best locations in the complex with peaceful outdoor views overlooking greenspace. The functional layout features 2 bedrooms, 1.5 bathrooms, and a versatile den/home office that can easily be converted into a third bedroom to suit your needs. Enjoy the convenience of in-suite laundry and a smart floor plan ideal for comfortable everyday living or rental potential. Perfectly situated steps to Chicopee Ski Hill, scenic trails, and local amenities, with quick access to the Expressway and Highway 401 for easy commuting. An excellent opportunity for first-time buyers, downsizers, or investors looking to get into a prime Kitchener location. Features: 1,265 sq ft stacked townhome. End unit backing onto greenspace. 2 bedrooms + den (potential 3rd bedroom). 1.5 bathrooms. In-suite laundry. Prime Chicopee location. Close to Expressway & Hwy 401. Steps to skiing, trails, and amenities. Water Softner (owned). Water Filtration (drinking). *For Additional Property Details Click The Brochure Icon Below*

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$439,900 - 24 Morrison Road Unit A13, Kitchener

Condo for Sale in Kitchener

102 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12861954
Property Type
Condo
Status
active
Days on Site
102
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
ICI SOURCE REAL ASSET SERVICES INC.
Description

Prime End-Unit Townhome in Desirable Chicopee- Backing Onto Greenspace. Welcome to this bright and spacious stacked two-storey townhouse condo in the highly sought-after Chicopee neighbourhood. Offering 1,265 sq ft of well-designed living space, this end unit boasts one of the best locations in the complex with peaceful outdoor views overlooking greenspace. The functional layout features 2 bedrooms, 1.5 bathrooms, and a versatile den/home office that can easily be converted into a third bedroom to suit your needs. Enjoy the convenience of in-suite laundry and a smart floor plan ideal for comfortable everyday living or rental potential. Perfectly situated steps to Chicopee Ski Hill, scenic trails, and local amenities, with quick access to the Expressway and Highway 401 for easy commuting. An excellent opportunity for first-time buyers, downsizers, or investors looking to get into a prime Kitchener location. Features: 1,265 sq ft stacked townhome. End unit backing onto greenspace. 2 bedrooms + den (potential 3rd bedroom). 1.5 bathrooms. In-suite laundry. Prime Chicopee location. Close to Expressway & Hwy 401. Steps to skiing, trails, and amenities. Water Softner (owned). Water Filtration (drinking). *For Additional Property Details Click The Brochure Icon Below*

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,256.92/mo

Includes CMHC insurance ($12,273)

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5-yr fixed avg.

Principal: $395,910Interest: $268,891
Mortgage Amount$408,183
Total Interest$268,891
Est. Property Tax$312/mo
Total Cost$677,075

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • Convenient location in Kitchener
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

24 Morrison Road Unit A13, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$312
Insurance (est.)-$92
Net Cash Flow+$1,736

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $367/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 102 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    24 Morrison Road Unit A13, Kitchener | $439,900 | Battaglia Team