46 2 Avenue, Kitchener

Price: $750,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X12851842

Welcome to this charming all-brick bungalow nestled in the heart of the desirable Kingsdale neighbourhood in Kitchener. Perfectly suited for first-time buyers, downsizers, or investors, this delightful 2-bedroom home offers comfort, character, and an incredible lot in a mature, family-friendly community close to excellent schools and everyday amenities. Step inside to a bright and inviting main floor featuring a functional layout and a well-appointed 4-piece bathroom. The cozy living spaces provide the perfect setting for relaxing evenings or entertaining family and friends. Downstairs, the finished lower level adds valuable living space and includes a convenient 3-piece bathroom-ideal for guests, a recreation area, home office, or hobby space. One of the standout features of this property is the **rare oversized double lot**, offering plenty of outdoor space for gardening, entertaining, or future possibilities. Reach out for details regarding severance possibilities, what's all been completed and plans. The **detached garage** provides excellent storage, workshop potential, or protected parking year-round. Located in a mature neighbourhood known for its tree-lined streets and welcoming community feel, this home is just minutes from parks, shopping, schools, and transit, making everyday living easy and convenient. Whether you're looking for a move-in ready home with room to grow or a property with exceptional lot potential in a fantastic location, this Kingsdale gem is full of opportunity. Don't miss your chance to make it yours!

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$750,000 - 46 2 Avenue, Kitchener

Detached for Sale in Kitchener

106 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X12851842
Property Type
Detached
Status
active
Days on Site
106
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
The Realty Firm Inc.
Description

Welcome to this charming all-brick bungalow nestled in the heart of the desirable Kingsdale neighbourhood in Kitchener. Perfectly suited for first-time buyers, downsizers, or investors, this delightful 2-bedroom home offers comfort, character, and an incredible lot in a mature, family-friendly community close to excellent schools and everyday amenities. Step inside to a bright and inviting main floor featuring a functional layout and a well-appointed 4-piece bathroom. The cozy living spaces provide the perfect setting for relaxing evenings or entertaining family and friends. Downstairs, the finished lower level adds valuable living space and includes a convenient 3-piece bathroom-ideal for guests, a recreation area, home office, or hobby space. One of the standout features of this property is the **rare oversized double lot**, offering plenty of outdoor space for gardening, entertaining, or future possibilities. Reach out for details regarding severance possibilities, what's all been completed and plans. The **detached garage** provides excellent storage, workshop potential, or protected parking year-round. Located in a mature neighbourhood known for its tree-lined streets and welcoming community feel, this home is just minutes from parks, shopping, schools, and transit, making everyday living easy and convenient. Whether you're looking for a move-in ready home with room to grow or a property with exceptional lot potential in a fantastic location, this Kingsdale gem is full of opportunity. Don't miss your chance to make it yours!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.89/mo

Includes CMHC insurance ($20,925)

$
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5%10%50%

5-yr fixed avg.

Principal: $675,000Interest: $458,442
Mortgage Amount$695,925
Total Interest$458,442
Est. Property Tax$531/mo
Total Cost$1,154,367

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

46 2 Avenue, 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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,713

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

Fair Market Value

At $1071/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 106 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.

Efficient Living

At 700 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.

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 $3,125 (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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    46 2 Avenue, Kitchener | $750,000 | Battaglia Team