245 Joseph Schoerg Crescent, Kitchener

Price: $2,350,000

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X13134204

Welcome to this custom-built home at 245 Joseph Schoerg Crescent situated on a 70' lot! One-of-a-kind layout with over 6,200 SQUARE FEET of living space, perfect for larger families or muti-generational living. **Major features include: 10' MAIN FLOOR, 9' BASEMENT ceiling heights, WALK-UP access from the TRIPLE garage, STONE exterior all 4 sides, 5 BATHROOMS (2 Ensuites, Jack/Jill), 3 Media rooms/Den, Potential for main floor master bedroom, 2 KITCHENS, COVERED rear porch, out door WET bar in the rear yard with additional storage space, Built in BBQ, LAUNDRY x 2 (main floor and upper). Custom built cabinets, an island, butler's pantry access, and additional pantry space. **Grand two-storey living room with a fireplace and built-in cabinets. **Main floor DEN and STUDY. Double door entry to the primary bedroom, 2-sided fireplace, an updated Ensuite with double sinks and makeup counter, a tub with jets, a glass shower and his/her closets. Generously sized bedrooms, Upper-level media room/Study, hardwood floors, and a solid wood staircase with wrought iron railings. **Over 2,000 square feet of finished basement that features a theater room, bar/kitchen, and upgraded larger windows, perfect for IN-LAW SETUP. 200amps service, over 100 pot lights, ROI (3), Cold-room, 240v in the garage, built-in speakers, refreshed upstairs Bathrooms, freshly painted main floor and hallways, aggregate concrete driveway, concrete walkway and patio, professionally landscaped, fenced yard, and so many extras! Minutes from 7/8 Expressway and HWY 401 Access. Walking distance to the Water Bean Grand River Trail and the Waterloo Pioneer Memorial Tower. Nearby Deer Ridge Golf Course, Chicopee Ski Hills, Costco, and Sportsworld Crossing shopping centre.

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$2,350,000 - 245 Joseph Schoerg Crescent, Kitchener

Detached for Sale in Kitchener

5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
X13134204
Property Type
Detached
Status
active
Days on Site
29
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Kitchener
Lot Size
8,708 sqft
Listing Brokerage
RE/MAX Real Estate Centre Inc.
Description

Welcome to this custom-built home at 245 Joseph Schoerg Crescent situated on a 70' lot! One-of-a-kind layout with over 6,200 SQUARE FEET of living space, perfect for larger families or muti-generational living. **Major features include: 10' MAIN FLOOR, 9' BASEMENT ceiling heights, WALK-UP access from the TRIPLE garage, STONE exterior all 4 sides, 5 BATHROOMS (2 Ensuites, Jack/Jill), 3 Media rooms/Den, Potential for main floor master bedroom, 2 KITCHENS, COVERED rear porch, out door WET bar in the rear yard with additional storage space, Built in BBQ, LAUNDRY x 2 (main floor and upper). Custom built cabinets, an island, butler's pantry access, and additional pantry space. **Grand two-storey living room with a fireplace and built-in cabinets. **Main floor DEN and STUDY. Double door entry to the primary bedroom, 2-sided fireplace, an updated Ensuite with double sinks and makeup counter, a tub with jets, a glass shower and his/her closets. Generously sized bedrooms, Upper-level media room/Study, hardwood floors, and a solid wood staircase with wrought iron railings. **Over 2,000 square feet of finished basement that features a theater room, bar/kitchen, and upgraded larger windows, perfect for IN-LAW SETUP. 200amps service, over 100 pot lights, ROI (3), Cold-room, 240v in the garage, built-in speakers, refreshed upstairs Bathrooms, freshly painted main floor and hallways, aggregate concrete driveway, concrete walkway and patio, professionally landscaped, fenced yard, and so many extras! Minutes from 7/8 Expressway and HWY 401 Access. Walking distance to the Water Bean Grand River Trail and the Waterloo Pioneer Memorial Tower. Nearby Deer Ridge Golf Course, Chicopee Ski Hills, Costco, and Sportsworld Crossing shopping centre.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,394.84/mo

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5-yr fixed avg.

Principal: $1,880,000Interest: $1,238,453
Mortgage Amount$1,880,000
Total Interest$1,238,453
Est. Property Tax$1,665/mo
Total Cost$3,118,453

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

245 Joseph Schoerg Crescent, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,665
Insurance (est.)-$490
Net Cash Flow+$2,295

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 $671/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.

Market Position

At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    245 Joseph Schoerg Crescent… — $2,350,000 | Battaglia Team