39 Southwood Drive, Kitchener

Price: $649,900

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13029892

The Perfect Opportunity for First-Time Buyers and Growing Families! This bright and beautifully maintained detached home is not just a place to live, but a smart way to offset your mortgage. The main floor features a highly functional layout with a convenient laundry room, an expansive eat-in kitchen, and a large dining area perfect for family meals. Sunlight pours into the spacious living room, which leads out to a private balcony-your own peaceful outdoor retreat. Upstairs, you'll find three generously sized, sun-filled bedrooms. The true highlight of this home is the versatile walk-out lower level. Designed with privacy in mind, it features a separate washroom, its own laundry area, and a kitchenette space. With the secure walk-out access, this level is ready-made to function as a reliable mortgage helper or a private suite for multi-generational living. All of this sits on a massive, deep lot with a backyard that offers endless space for kids and pets to play. Maximize your buying power and enjoy the comfort of a detached home while letting the property work for you. A must-see for anyone looking for value and potential!

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$649,900 - 39 Southwood Drive, Kitchener

Detached for Sale in Kitchener

58 days on market
3Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13029892
Property Type
Detached
Status
active
Days on Site
58
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
RIGHT AT HOME REALTY
Description

The Perfect Opportunity for First-Time Buyers and Growing Families! This bright and beautifully maintained detached home is not just a place to live, but a smart way to offset your mortgage. The main floor features a highly functional layout with a convenient laundry room, an expansive eat-in kitchen, and a large dining area perfect for family meals. Sunlight pours into the spacious living room, which leads out to a private balcony-your own peaceful outdoor retreat. Upstairs, you'll find three generously sized, sun-filled bedrooms. The true highlight of this home is the versatile walk-out lower level. Designed with privacy in mind, it features a separate washroom, its own laundry area, and a kitchenette space. With the secure walk-out access, this level is ready-made to function as a reliable mortgage helper or a private suite for multi-generational living. All of this sits on a massive, deep lot with a backyard that offers endless space for kids and pets to play. Maximize your buying power and enjoy the comfort of a detached home while letting the property work for you. A must-see for anyone looking for value and potential!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

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

39 Southwood Drive, 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)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$2,205

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 $591/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 58 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.

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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    39 Southwood Drive, Kitchener | $649,900 | Battaglia Team