256 FALCONRIDGE Drive, Kitchener

Price: $599,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13443556

Welcome to 256 Falconridge Dr., located in the highly sought-after Kiwanis Park community. This meticulously maintained freehold townhome offers over 2,000 sq. ft. of finished living space with a unique multi-level design and exceptional flexibility. Featuring 3 bedrooms (potential 4th easily converted from rec room/office/gym) and 3 bathrooms, including a luxurious primary ensuite with double sinks and quartz countertop. Main Level: Bright, open-to-below foyer with high ceilings, laminate flooring, California shutters, oak railings, and elegant light fixtures. Second Level: Well-appointed kitchen with new fridge (2026) , stainless steel appliances, quartz countertops, under-cabinet lighting, pantry, plus a dining area with Juliet balcony overlooking the 10F ceiling living room. Third Level: Three generously sized bedrooms, a 3-piece bath, and a 4-piece primary ensuite. Basement: Finished lower level with 2-piece bath, upgraded laundry/mudroom with built-in cabinetry and benches, direct detect fire security alarm and water purifier in place, plus private garage entrance. Outdoor Space: Impressive, curated garden oasis with modern concrete paved patio. Recent Updates: Furnace (2 years old), new fridge (2026) , air ducts cleaned (2024) , Steps to Kiwanis Park, Grand River trails, dog parks, schools, and all amenities. Easy access to Hwy 85, minutes to RIM PARK, Uptown & Downtown. Don't miss this rare opportunity!

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New Listing
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$599,000 - 256 FALCONRIDGE Drive, Kitchener

Townhouse for Sale in Kitchener

New — Listed yesterday
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13443556
Property Type
Townhouse
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Welcome to 256 Falconridge Dr., located in the highly sought-after Kiwanis Park community. This meticulously maintained freehold townhome offers over 2,000 sq. ft. of finished living space with a unique multi-level design and exceptional flexibility. Featuring 3 bedrooms (potential 4th easily converted from rec room/office/gym) and 3 bathrooms, including a luxurious primary ensuite with double sinks and quartz countertop. Main Level: Bright, open-to-below foyer with high ceilings, laminate flooring, California shutters, oak railings, and elegant light fixtures. Second Level: Well-appointed kitchen with new fridge (2026) , stainless steel appliances, quartz countertops, under-cabinet lighting, pantry, plus a dining area with Juliet balcony overlooking the 10F ceiling living room. Third Level: Three generously sized bedrooms, a 3-piece bath, and a 4-piece primary ensuite. Basement: Finished lower level with 2-piece bath, upgraded laundry/mudroom with built-in cabinetry and benches, direct detect fire security alarm and water purifier in place, plus private garage entrance. Outdoor Space: Impressive, curated garden oasis with modern concrete paved patio. Recent Updates: Furnace (2 years old), new fridge (2026) , air ducts cleaned (2024) , Steps to Kiwanis Park, Grand River trails, dog parks, schools, and all amenities. Easy access to Hwy 85, minutes to RIM PARK, Uptown & Downtown. Don't miss this rare opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

256 FALCONRIDGE Drive, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$2,181

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 $399/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Kitchener have shown strong appreciation as families seek more space.

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.

Bathroom Count Matters

With 3 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.

Investment Perspective

Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    256 FALCONRIDGE Drive, Kitchener — $599,000 | Battaglia Team