40 Dineen Court, Kitchener

Price: $799,900

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13121352

Located in the highly desirable Grand River North community near Lackner Boulevard in Kitchener, this beautifully maintained 4-level home is tucked away on a quiet court and sits on a premium pie-shaped lot with a fully fenced backyard designed for relaxing and entertaining. Enjoy summer evenings in the hot tub, unwind under the gazebo, or host family and friends on the low-maintenance Trex deck. Inside, the home offers a bright open-concept layout with vaulted ceilings in the kitchen and great room, creating an airy and spacious feel. The cozy gas fireplace adds warmth and charm to the main living area, while the kitchen features a large island, stainless steel appliances, and excellent functionality for everyday living and entertaining. Offering 3 full bathrooms plus a convenient 2-piece bath, this home provides plenty of space for growing families or multi-generational living. The versatile lower-level family room is currently being used as a hair salon, offering excellent potential fora home business, studio, or additional recreation space. There is also an extra den/bedroom on the lower level, ideal for guests, teens, or a home office. Additional highlights include an oversized laundry room, entry to the garage, main floor walk-in closet, lifetime roof, and an exceptional court location in one of Kitchener's most sought-after family neighbourhoods, close to trails, schools, parks, shopping, and easy highway access. Easy commuting to both Cambridge and Guelph makes this location ideal for professionals and families alike. This is a unique opportunity to own a spacious, flexible home in an outstanding location .

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$799,900 - 40 Dineen Court, Kitchener

Detached for Sale in Kitchener

37 days on market
3Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13121352
Property Type
Detached
Status
active
Days on Site
37
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

Located in the highly desirable Grand River North community near Lackner Boulevard in Kitchener, this beautifully maintained 4-level home is tucked away on a quiet court and sits on a premium pie-shaped lot with a fully fenced backyard designed for relaxing and entertaining. Enjoy summer evenings in the hot tub, unwind under the gazebo, or host family and friends on the low-maintenance Trex deck. Inside, the home offers a bright open-concept layout with vaulted ceilings in the kitchen and great room, creating an airy and spacious feel. The cozy gas fireplace adds warmth and charm to the main living area, while the kitchen features a large island, stainless steel appliances, and excellent functionality for everyday living and entertaining. Offering 3 full bathrooms plus a convenient 2-piece bath, this home provides plenty of space for growing families or multi-generational living. The versatile lower-level family room is currently being used as a hair salon, offering excellent potential fora home business, studio, or additional recreation space. There is also an extra den/bedroom on the lower level, ideal for guests, teens, or a home office. Additional highlights include an oversized laundry room, entry to the garage, main floor walk-in closet, lifetime roof, and an exceptional court location in one of Kitchener's most sought-after family neighbourhoods, close to trails, schools, parks, shopping, and easy highway access. Easy commuting to both Cambridge and Guelph makes this location ideal for professionals and families alike. This is a unique opportunity to own a spacious, flexible home in an outstanding location .

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

40 Dineen Court, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,066

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 37 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.

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 4 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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    40 Dineen Court, Kitchener | $799,900 | Battaglia Team