$1,120,000 - 261 Watervale Crescent, Kitchener
Detached for Sale in Kitchener
42 days on market- MLS Number
- X13101558
- Property Type
- Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Kitchener
- Lot Size
- 9,021 sqft
- Listing Brokerage
- ENGEL & VOLKERS WATERLOO REGION
ONE OF THE BIGGEST LOTS ( 27.96 ft x 127.64 ft x 71.69 ft x 48.11 ft x 140.79 ft ) in the neighbourhood. Luxurious 2 story-style 4 bedroom, 4 bathroom house in sought after area with top rated schools. Upon entering, you'll be greeted by a carpet-free main level boasting 9-foot ceilings and modern finishes. A Chef kitchen equipped with stainless steel appliances open to well appointed family room seamlessly flows into the dining area complimented with double sided fire-place providing ample space for relaxation and entertaining. Step outside to your resort style paradise complete with in-ground pool with Waterfall where you can unwind and enjoy the hot summer days, also sprinkler system for maintaining the lawn, Custom built Shed offers a fridge and pool accessories Shed Is fully insulated, walls, ceiling, doors... it has a separate power feed, 15a circuit. The property also includes a convenient over sized 2-car garage. Upstairs, you'll find four bedrooms. The primary bedroom boasts a private ensuite bathroom and a walk-in closet, providing a luxurious retreat. Additionally, there's another shared 4-piece bathroom on the upper level. The basement of the home offers even more space. A huge rec room perfect for family gatherings or leisure activities. Laundry facilities are conveniently located on the main floor. Located in the desirable area of Lackner Woods with quick access to HWY.
Estimate your monthly payments for this property
Estimated Payment
$4,954.14/mo
5-yr fixed avg.
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.
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
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.
261 Watervale Crescent, Kitchener
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $448/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 42 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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 $4,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.