327 Park Street, Kitchener

Price: $674,900

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12997586

Welcome to 327 Park Street. This beautiful 2.5 storey home is located in the heart of Kitchener, minutes to downtown and Uptown Waterloo, the LRT, schools, Waterloo Region Hospital Network, shopping and more. Featuring 1,692 sq. ft. of living space, hardwood floors, beautiful wood trim throughout and a fully finished attic/loft with stunning skylights. The main level offers the living room, spacious and bright kitchen and dining room with French doors to the rear deck. You will also find a four piece bathroom with double sinks. The upper level features three bedrooms, a primary with a walk-in closet, a four piece bathroom and a walk-up to the attic/loft that is great for additional living space or storage for your family's convenience. The unfinished lower level offers endless opportunities for a family room, kids play room, or a workshop with a separate side entrance. The covered front porch is an added treat- sit out with your morning coffee or relax with your next book. A single detach garage leads you to the fully fenced backyard where you will find a lower entertaining area with an outdoor fireplace. If character and charm is what you're looking for, 327 Park Street is the perfect home for you- fantastic neighbourhood and prime location all surrounded by all the amenities you deserve.

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$674,900 - 327 Park Street, Kitchener

Detached for Sale in Kitchener

66 days on market
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12997586
Property Type
Detached
Status
active
Days on Site
66
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Welcome to 327 Park Street. This beautiful 2.5 storey home is located in the heart of Kitchener, minutes to downtown and Uptown Waterloo, the LRT, schools, Waterloo Region Hospital Network, shopping and more. Featuring 1,692 sq. ft. of living space, hardwood floors, beautiful wood trim throughout and a fully finished attic/loft with stunning skylights. The main level offers the living room, spacious and bright kitchen and dining room with French doors to the rear deck. You will also find a four piece bathroom with double sinks. The upper level features three bedrooms, a primary with a walk-in closet, a four piece bathroom and a walk-up to the attic/loft that is great for additional living space or storage for your family's convenience. The unfinished lower level offers endless opportunities for a family room, kids play room, or a workshop with a separate side entrance. The covered front porch is an added treat- sit out with your morning coffee or relax with your next book. A single detach garage leads you to the fully fenced backyard where you will find a lower entertaining area with an outdoor fireplace. If character and charm is what you're looking for, 327 Park Street is the perfect home for you- fantastic neighbourhood and prime location all surrounded by all the amenities you deserve.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,462.59/mo

Includes CMHC insurance ($18,830)

$
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5%10%50%

5-yr fixed avg.

Principal: $607,410Interest: $412,536
Mortgage Amount$626,240
Total Interest$412,536
Est. Property Tax$478/mo
Total Cost$1,038,776

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

327 Park Street, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$478
Insurance (est.)-$141
Net Cash Flow+$2,181

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 $450/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 66 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 $2,812 (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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    327 Park Street, Kitchener | $674,900 | Battaglia Team