242 The Country Way, Kitchener

Price: $500,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: X13423274

SOUGHT AFTER LOCATION!! This immaculate move in ready home sits on a massive 151 foot pie shaped lot and is all ready for its new owners to enjoy. This home features a large living room with quality hard surface flooring. Eat in kitchen comes complete with all appliances and has sliding glass doors to the large concrete patio and gazebo. The second floor does not disappoint featuring 3 bedrooms and a fully updated main bathroom. The basement adds another family room to complete this great home. Large 3 car driveway and within walking distance to great schools. This could be the one you have been waiting for!

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active
New Listing
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$500,000 - 242 The Country Way, Kitchener

Semi-Detached for Sale in Kitchener

New — Listed 4 days ago
3Beds
1Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
X13423274
Property Type
Semi-Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

SOUGHT AFTER LOCATION!! This immaculate move in ready home sits on a massive 151 foot pie shaped lot and is all ready for its new owners to enjoy. This home features a large living room with quality hard surface flooring. Eat in kitchen comes complete with all appliances and has sliding glass doors to the large concrete patio and gazebo. The second floor does not disappoint featuring 3 bedrooms and a fully updated main bathroom. The basement adds another family room to complete this great home. Large 3 car driveway and within walking distance to great schools. This could be the one you have been waiting for!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.26/mo

Includes CMHC insurance ($13,950)

$
$
5%10%50%

5-yr fixed avg.

Principal: $450,000Interest: $305,628
Mortgage Amount$463,950
Total Interest$305,628
Est. Property Tax$354/mo
Total Cost$769,578

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

242 The Country Way, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,342

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 $714/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Kitchener are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    242 The Country Way, Kitchener — $500,000 | Battaglia Team