445 Pioneer Drive Unit 23, Kitchener

Price: $459,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X12877128

Welcome to this well-maintained 2-bedroom, 2-bathroom home located in a quiet, family- and pet-friendly community. Conveniently situated close to top-rated schools, parks, the public library, community center, Conestoga College, and a wide range of amenities including shopping, dining, and easy access to Highway 401, this home offers both comfort and convenience. The open-concept basement features a walkout and separate entrance, providing excellent potential for an in-law suite, guest space, or additional living area. Enjoy hassle-free living with condo fees that cover water, windows, roof, snow removal, exterior maintenance, and access to a community swimming pool-perfect for enjoying the summer months. Ideal for first-time buyers, growing families, or investors, this versatile property offers great value and excellent income potential in a desirable neighbourhood.

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$459,000 - 445 Pioneer Drive Unit 23, Kitchener

Condo for Sale in Kitchener

98 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X12877128
Property Type
Condo
Status
active
Days on Site
98
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to this well-maintained 2-bedroom, 2-bathroom home located in a quiet, family- and pet-friendly community. Conveniently situated close to top-rated schools, parks, the public library, community center, Conestoga College, and a wide range of amenities including shopping, dining, and easy access to Highway 401, this home offers both comfort and convenience. The open-concept basement features a walkout and separate entrance, providing excellent potential for an in-law suite, guest space, or additional living area. Enjoy hassle-free living with condo fees that cover water, windows, roof, snow removal, exterior maintenance, and access to a community swimming pool-perfect for enjoying the summer months. Ideal for first-time buyers, growing families, or investors, this versatile property offers great value and excellent income potential in a desirable neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,354.91/mo

Includes CMHC insurance ($12,806)

$
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5%10%50%

5-yr fixed avg.

Principal: $413,100Interest: $280,566
Mortgage Amount$425,906
Total Interest$280,566
Est. Property Tax$325/mo
Total Cost$706,472

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

445 Pioneer Drive Unit 23, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$325
Insurance (est.)-$96
Net Cash Flow+$1,674

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 $510/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 98 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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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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    MLS# X12877128 — 445 Pioneer Drive Unit 23 | Battaglia Team