34 Yule Place, Kitchener

Price: $829,900

5 bedrooms, 5 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13146524

Tucked away on a quiet cul-de-sac in the highly desirable Heritage Park/Rosemount neighbourhood, this charming bungaloft sits on an expansive pie-shaped lot just moments from top-rated schools, parks, and everyday amenities. Offering a rare and functional layout, the main floor features everything you need for convenient one-level living, including a spacious primary bedroom, two additional bedrooms, and main floor laundry. The laundry area is also roughed-in for a potential third bathroom, with the option to relocate laundry to the lower level if desired. Upstairs, the bright and airy loft provides incredible flexibility; perfect as an additional bedroom, home office, or kids retreat. With natural light streaming in from two sides, a Juliette balcony, and access to extra attic storage, it is a truly unique and inviting space. The basement expands your living area with a cozy family room complete with a wood-burning fireplace which is ideal for movie nights, games, or relaxing at the end of the day. Also located in the lower level is a separate bedroom and bonus den space for added versatility. Step outside to a wide, private backyard thanks to the pie-shaped lot, featuring a deck with awning and hot tub; perfect for entertaining or unwinding. A backyard shed provides additional storage for tools and seasonal items. An attached single-car garage with direct interior access adds everyday convenience. This home offers a warm, well-loved feel with plenty of opportunity to move in and enjoy as-is or update to suit your personal style.

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$829,900 - 34 Yule Place, Kitchener

Detached for Sale in Kitchener

5Beds
5Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13146524
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
5
Bathrooms
5
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
CORCORAN HORIZON REALTY
Description

Tucked away on a quiet cul-de-sac in the highly desirable Heritage Park/Rosemount neighbourhood, this charming bungaloft sits on an expansive pie-shaped lot just moments from top-rated schools, parks, and everyday amenities. Offering a rare and functional layout, the main floor features everything you need for convenient one-level living, including a spacious primary bedroom, two additional bedrooms, and main floor laundry. The laundry area is also roughed-in for a potential third bathroom, with the option to relocate laundry to the lower level if desired. Upstairs, the bright and airy loft provides incredible flexibility; perfect as an additional bedroom, home office, or kids retreat. With natural light streaming in from two sides, a Juliette balcony, and access to extra attic storage, it is a truly unique and inviting space. The basement expands your living area with a cozy family room complete with a wood-burning fireplace which is ideal for movie nights, games, or relaxing at the end of the day. Also located in the lower level is a separate bedroom and bonus den space for added versatility. Step outside to a wide, private backyard thanks to the pie-shaped lot, featuring a deck with awning and hot tub; perfect for entertaining or unwinding. A backyard shed provides additional storage for tools and seasonal items. An attached single-car garage with direct interior access adds everyday convenience. This home offers a warm, well-loved feel with plenty of opportunity to move in and enjoy as-is or update to suit your personal style.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,257.82/mo

Includes CMHC insurance ($23,154)

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5%10%50%

5-yr fixed avg.

Principal: $746,910Interest: $507,281
Mortgage Amount$770,064
Total Interest$507,281
Est. Property Tax$588/mo
Total Cost$1,277,345

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

34 Yule Place, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$588
Insurance (est.)-$173
Net Cash Flow+$2,839

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 $553/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 28 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.

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.

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 $3,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    34 Yule Place, Kitchener | $829,900 | Battaglia Team