$1,050,000 - 3 Sims Estate Place Unit 11, Kitchener
Condo for Sale in Kitchener
- MLS Number
- X13153548
- Property Type
- Condo
- Status
- active
- Days on Site
- 23
- Bedrooms
- 2
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
Welcome to this extraordinary former model home, an executive bungaloft end unit nestled within one of the community's most coveted enclaves. Backing onto a protected greenbelt and the scenic Grand River, this home offers a rare blend of privacy, prestige, and serene natural beauty. Expansive outdoor living spaces, including a private upper terrace and impressive rear deck, provide breathtaking views and a tranquil setting for relaxation or entertaining. Inside, soaring 18-foot ceilings create a grand sense of space, while a striking stone feature wall and double-sided fireplace anchor the elegant open-concept living area. The beautifully appointed kitchen is both timeless and functional, enhanced with a new, spacious pantry and extensive storage throughout the home. Refined finishes, coffered ceilings, and abundant natural light add warmth and sophistication to every room. The main-level primary suite offers a peaceful retreat, while the upper loft provides an inviting space for guests. The fully finished lower level extends the home's exceptional living space, perfect for entertaining or quiet evenings at home. Thoughtfully designed with luxury and comfort in mind, this remarkable residence delivers an elevated lifestyle in an unforgettable riverside setting.
Estimate your monthly payments for this property
Estimated Payment
$4,644.50/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.
3 Sims Estate Place Unit 11, 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 $525/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 23 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.
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.
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 $4,375 (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.