31 Wetland Way, Kitchener

Price: $1,599,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: X13213984

Welcome to the home that truly CHECKS EVERY BOX for today's modern or MULTI GENERATIONAL FAMILY. Set on one of the LARGEST PIE SHAPED LOTS in the area, this incredible property offers a BACKYARD DREAM with endless possibilities, including ample space for a future pool. Designed for entertaining and everyday living alike, the outdoor space extends seamlessly with a VAULTED COVERED DECK perfect for all-day lounging and evening gatherings, an additional patio for family celebrations, and rough-in electrical ready for a future hot tub.The RARE 3 CAR GARAGE and oversized driveway with parking for up to 9 vehicles make hosting overnight guests effortless. Inside, this home was thoughtfully built with family living in mind. 4 GENEROUS BEDROOMS on the upper level are ideal for growing families, with two bedrooms connected by a convenient Jack & Jill washroom, while a third enjoys access to its own CHARMING PRIVATE BALCONY. The spacious primary retreat impresses with DOUBLE WALK IN CLOSETS and a luxurious 5-piece ensuite bath.The main floor showcases HARDWOOD FLOORING, a walk-in pantry, and a stunning kitchen complete with granite countertops and a large centre island that naturally becomes the heart of the home. The FINISHED BASEMENT adds exceptional versatility with a beautiful entertainment area featuring built-in cabinetry and an electric fireplace, along with flex space ideal for a gym, playroom, or additional bedroom.Located on a QUIET CRESCENT in a sought-after family-friendly neighbourhood, this home is just moments to parks, schools, and convenient access to Highway 401 offering the perfect blend of comfort, function, and lifestyle.

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$1,599,000 - 31 Wetland Way, Kitchener

Detached for Sale in Kitchener

5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
X13213984
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
Royal LePage Royal City Realty
Description

Welcome to the home that truly CHECKS EVERY BOX for today's modern or MULTI GENERATIONAL FAMILY. Set on one of the LARGEST PIE SHAPED LOTS in the area, this incredible property offers a BACKYARD DREAM with endless possibilities, including ample space for a future pool. Designed for entertaining and everyday living alike, the outdoor space extends seamlessly with a VAULTED COVERED DECK perfect for all-day lounging and evening gatherings, an additional patio for family celebrations, and rough-in electrical ready for a future hot tub.The RARE 3 CAR GARAGE and oversized driveway with parking for up to 9 vehicles make hosting overnight guests effortless. Inside, this home was thoughtfully built with family living in mind. 4 GENEROUS BEDROOMS on the upper level are ideal for growing families, with two bedrooms connected by a convenient Jack & Jill washroom, while a third enjoys access to its own CHARMING PRIVATE BALCONY. The spacious primary retreat impresses with DOUBLE WALK IN CLOSETS and a luxurious 5-piece ensuite bath.The main floor showcases HARDWOOD FLOORING, a walk-in pantry, and a stunning kitchen complete with granite countertops and a large centre island that naturally becomes the heart of the home. The FINISHED BASEMENT adds exceptional versatility with a beautiful entertainment area featuring built-in cabinetry and an electric fireplace, along with flex space ideal for a gym, playroom, or additional bedroom.Located on a QUIET CRESCENT in a sought-after family-friendly neighbourhood, this home is just moments to parks, schools, and convenient access to Highway 401 offering the perfect blend of comfort, function, and lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,072.92/mo

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5-yr fixed avg.

Principal: $1,279,200Interest: $842,675
Mortgage Amount$1,279,200
Total Interest$842,675
Est. Property Tax$1,133/mo
Total Cost$2,121,875

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

31 Wetland Way, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$2,734

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 $533/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 15 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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.

Bathroom Count Matters

With 5 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.

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    31 Wetland Way, Kitchener — $1,599,000 | Battaglia Team