29 Paulander Drive Unit 24, Kitchener

Price: $514,900

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12716918

Traditional condo-town located in the heart of Waterloo steps to top rated schools, parks, conservation, public transit, Golf, shopping; short drive to Universities & Downtown Waterloo tech hub! * Easy access to Hwy 401 making commute a breeze* Offering this sought-after end-unit, neighbor only on one side, offering 3+1beds, 2 baths approx 1300sqft AG with a full finished bsmt. Calling all first time home owners or investors looking to purchase PRIME real estate. Ideal for growing families. *Newer flooring & Newer appliances* Low maintenance includes exterior building structure. Open-concept main-lvl presents Eat-in kitchen, dining space, & large living room W/O to private fenced backyard perfect for family enjoyment & pet lovers. Don't miss out on this opportunity to purchase in a sought-after community!

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$514,900 - 29 Paulander Drive Unit 24, Kitchener

Condo for Sale in Kitchener

103 days on market
4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12716918
Property Type
Condo
Status
active
Days on Site
103
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Kitchener
Locker
Ensuite
Exposure
South
Balcony
None
Listing Brokerage
CMI REAL ESTATE INC.
Description

Traditional condo-town located in the heart of Waterloo steps to top rated schools, parks, conservation, public transit, Golf, shopping; short drive to Universities & Downtown Waterloo tech hub! * Easy access to Hwy 401 making commute a breeze* Offering this sought-after end-unit, neighbor only on one side, offering 3+1beds, 2 baths approx 1300sqft AG with a full finished bsmt. Calling all first time home owners or investors looking to purchase PRIME real estate. Ideal for growing families. *Newer flooring & Newer appliances* Low maintenance includes exterior building structure. Open-concept main-lvl presents Eat-in kitchen, dining space, & large living room W/O to private fenced backyard perfect for family enjoyment & pet lovers. Don't miss out on this opportunity to purchase in a sought-after community!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,641.70/mo

Includes CMHC insurance ($14,366)

$
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5%10%50%

5-yr fixed avg.

Principal: $463,410Interest: $314,735
Mortgage Amount$477,776
Total Interest$314,735
Est. Property Tax$365/mo
Total Cost$792,511

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

29 Paulander Drive Unit 24, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$365
Insurance (est.)-$107
Net Cash Flow+$2,068

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 $429/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 103 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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 $2,145 (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.

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    29 Paulander Drive Unit 24, Kit… — $514,900 | Battaglia Team