$689,900 - 282 Park Street, Kitchener
Semi-Detached for Sale in Kitchener
53 days on market- MLS Number
- X13026712
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 53
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Step into a home where history and modern living come together beautifully. This thoughtfully updated century home offers warmth, character, and versatility with 3 bedrooms plus a loft-style primary retreat, offering a layout that easily adapts to suit any lifestyle. Picture natural light pouring through large windows, welcoming you home as soon as you step through the front door. The kitchen blends style and function with open shelving, exposed brick, wood beams and a breakfast bar, creating a space that's as inviting for everyday meals as it is for gathering with friends. Curl up by the cosy fireplace in the living room to enjoy quiet evenings, morning coffee, or relaxing weekends at home. The loft houses the unique primary bedroom, beautiful brick detail, and abundant natural light. Three additional bedrooms provide plenty of flexibility for family, guests, or work-from-home needs, while the renovated bathroom creates a spa-like atmosphere in your own home. The basement holds an additional updated 3 piece bathroom, and the rec room adds more functional space with many uses: home gym, playroom, media room, hobby space, or private office. A spacious storage room keeps everyday life organized and clutter-free. Outside, the fully fenced backyard provides room to relax, garden, or host summer gatherings, while the large shed offers a home for bikes, tools, and outdoor gear. From here, you can walk to Downtown Kitchener AND Uptown Waterloo, featuring some of the region's best restaurants, cafés, shops, and events. Grand River Hospital is around the corner, while the University of Waterloo and Wilfrid Laurier University are nearby. Situated in the heart of Waterloo Region's thriving tech corridor, with companies like Google and many innovative startups, this area offers a dynamic mix of opportunity, culture, and community. A home with personality, flexible living space, and an unbeatable walkable location-move-in ready and waiting for its next chapter.
Estimate your monthly payments for this property
Estimated Payment
$3,539.54/mo
Includes CMHC insurance ($19,248)
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.
282 Park Street, Kitchener
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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 $460/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 53 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.
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.
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.
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 $2,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.