405 Glasgow Street Unit 5, Kitchener

Price: $849,900

3 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Condo

MLS#: X12957036

Custom-built executive condominium townhome in prestigious Westmount is one of just 8 units in the complex. It offers over 2600 sq.ft. plus a finished basement, a large 2-car garage, and interlock brick driveway. Ideal location with quick access to Belmont Village, Uptown Waterloo, and the Iron Horse Trail. This end unit, former builder's home, features a welcoming and spacious tiled foyer with sweeping staircase, updated hardwood flooring through the formal living room, dining room, and family room with gas fireplace. The updated kitchen has Brazilian granite counters, built-in appliances, a large island, and walkout to a private deck and landscaped yard. Upstairs you will find three generous bedrooms, including primary suite with walk-in closet and updated spa-like 5-pc ensuite that features a soaker tub, glass shower, and double vanity. Recent updates include newer roof (2017) and new windows throughout (2024). The finished lower level features a large rec room with wood-burning fireplace, 2-pc bath, workshop, and lots of storage.

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$849,900 - 405 Glasgow Street Unit 5, Kitchener

Condo for Sale in Kitchener

70 days on market
3Beds
4Baths
2,500 - 2,999Sq Ft
Condo
Property Details
MLS Number
X12957036
Property Type
Condo
Status
active
Days on Site
70
Bedrooms
3
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Custom-built executive condominium townhome in prestigious Westmount is one of just 8 units in the complex. It offers over 2600 sq.ft. plus a finished basement, a large 2-car garage, and interlock brick driveway. Ideal location with quick access to Belmont Village, Uptown Waterloo, and the Iron Horse Trail. This end unit, former builder's home, features a welcoming and spacious tiled foyer with sweeping staircase, updated hardwood flooring through the formal living room, dining room, and family room with gas fireplace. The updated kitchen has Brazilian granite counters, built-in appliances, a large island, and walkout to a private deck and landscaped yard. Upstairs you will find three generous bedrooms, including primary suite with walk-in closet and updated spa-like 5-pc ensuite that features a soaker tub, glass shower, and double vanity. Recent updates include newer roof (2017) and new windows throughout (2024). The finished lower level features a large rec room with wood-burning fireplace, 2-pc bath, workshop, and lots of storage.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

$
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5%10%50%

5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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

405 Glasgow Street Unit 5, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,960/mo
Range: $3,366 - $4,554
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,960
Maintenance Fees-$1,625
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$1,556

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 $340/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 70 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    405 Glasgow Street Unit 5, Kitc… — $849,900 | Battaglia Team