37 Gottscheer Court, Kitchener

Price: $699,000

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Multi-Family

MLS#: X13171168

Welcome to this Legal Duplex, property located on a quiet court in family-friendly Forest Hill!, just minutes away from shopping plazas, schools, restaurants, parks, trails, LRT transit, Highway 8 and Highway 401. This home offers two self-contained units, each with its own kitchen and laundry, making it an ideal opportunity for investors or multi-generational families. The upper-level unit features 3 bedrooms and 1 bathroom, a spacious living room, and large windows that fill the space with natural light. The kitchen is generously sized, while the upgraded bathroom. The lower-level unit comes with a large family room and 1 bathroom, accessible through a separate entrance via the righ side of the building. The lower unit is currently rented to reliable tenants. The entire home is carpet-free for easy maintenance. This property comes with good size lot and 6 parking spaces.

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$699,000 - 37 Gottscheer Court, Kitchener

Multi-Family for Sale in Kitchener

2Beds
2Baths
1,100 - 1,499Sq Ft
Multi-Family
Property Details
MLS Number
X13171168
Property Type
Multi-Family
Status
active
Days on Site
24
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Welcome to this Legal Duplex, property located on a quiet court in family-friendly Forest Hill!, just minutes away from shopping plazas, schools, restaurants, parks, trails, LRT transit, Highway 8 and Highway 401. This home offers two self-contained units, each with its own kitchen and laundry, making it an ideal opportunity for investors or multi-generational families. The upper-level unit features 3 bedrooms and 1 bathroom, a spacious living room, and large windows that fill the space with natural light. The kitchen is generously sized, while the upgraded bathroom. The lower-level unit comes with a large family room and 1 bathroom, accessible through a separate entrance via the righ side of the building. The lower unit is currently rented to reliable tenants. The entire home is carpet-free for easy maintenance. This property comes with good size lot and 6 parking spaces.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

$
$
5%10%50%

5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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

37 Gottscheer Court, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,759

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 $635/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 24 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.

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 $2,913 (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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    37 Gottscheer Court, Kitchener | $699,000 | Battaglia Team