$549,900 - 31 Eliza Avenue, Kitchener
Condo for Sale in Kitchener
100 days on market- MLS Number
- X12870166
- Property Type
- Condo
- Status
- active
- Days on Site
- 100
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- KELLER WILLIAMS INNOVATION REALTY
Welcome to this beautifully upgraded END-UNIT townhouse offering the perfect blend of space, style, and convenience. Featuring 3 bedrooms, 2.5 bathrooms, and 4 parking spaces, this home is ideal for families, first-time buyers, or anyone looking for stylish, low-maintenance living. One of the standout features of this home is the rare double car garage paired with a double driveway; an exceptional find for a townhouse and perfect for hosting guests without worrying about street parking. The extra space can also double as convenient storage. Inside, you'll find extensive upgrades throughout, including custom real slate tile flooring in the entrance, luxury vinyl flooring on the second level, custom bathroom tile work, and a modern kitchen with quartz countertops with a movable island for flexible entertaining. Upstairs features 3 spacious bedrooms, and 2 bathrooms, which includes a primary bedroom with its own ensuite, another rare feature in a townhouse. The basement also includes a rough-in for a future 4th bathroom and offers extra storage space or a kids play area. Lastly, enjoy low-maintenance outdoor living on your private deck, offering a great space to relax, enjoy your morning coffee or host BBQs. Recent upgrades: KitchenAid Stove + Fridge (2025), AC (May 2024), Washer + Dryer (2023), Phillips hue bridge + lighting system, Custom one piece bathtub + shower
Estimate your monthly payments for this property
Estimated Payment
$2,821.27/mo
Includes CMHC insurance ($15,342)
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.
31 Eliza Avenue, 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 $393/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 100 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.
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 $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.