49 Cedarwoods Crescent Unit 48, Kitchener

Price: $530,000

3 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: X12943438

Stunning 3-Storey Townhouse in a Prime Kitchener Location! This beautifully maintained, bright, and carpet-free home offers a perfect blend of comfort, functionality, and modern style. Featuring 3 spacious bedrooms and 1.5 bathrooms, the interior has been freshly painted and filled with abundant natural light, creating a warm and inviting atmosphere throughout. The main floor showcases an open-concept layout with a generous living room, an open kitchen and dining area, and direct access to a private patio-perfect for relaxing or entertaining. Step outside to enjoy the fully fenced backyard surrounded by mature trees, offering privacy and a serene outdoor retreat for families and guests. Upstairs, the large primary bedroom provides plenty of closet space and room to unwind, accompanied by two additional bright bedrooms ideal for children, guests, or a home office. The home also features interior access to a single-car garage with an automatic door opener, plus parking for an additional vehicle and ample visitor parking for your convenience. Ideally situated across from a park and within walking distance to trails, shops, schools, and transit, this home is close to everything Kitchener has to offer. Enjoy quick access to Fairview Park Mall, local restaurants, the theatre, GRT LRT, and major highways including 8 and 401-making commuting effortless. This property offers exceptional value for its size, location, and condition-a rare opportunity you don't want to miss. Move-in ready and waiting for you to call it home!

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$530,000 - 49 Cedarwoods Crescent Unit 48, Kitchener

Condo for Sale in Kitchener

79 days on market
3Beds
2Baths
1,600Sq Ft
Condo
Property Details
MLS Number
X12943438
Property Type
Condo
Status
active
Days on Site
79
Bedrooms
3
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Stunning 3-Storey Townhouse in a Prime Kitchener Location! This beautifully maintained, bright, and carpet-free home offers a perfect blend of comfort, functionality, and modern style. Featuring 3 spacious bedrooms and 1.5 bathrooms, the interior has been freshly painted and filled with abundant natural light, creating a warm and inviting atmosphere throughout. The main floor showcases an open-concept layout with a generous living room, an open kitchen and dining area, and direct access to a private patio-perfect for relaxing or entertaining. Step outside to enjoy the fully fenced backyard surrounded by mature trees, offering privacy and a serene outdoor retreat for families and guests. Upstairs, the large primary bedroom provides plenty of closet space and room to unwind, accompanied by two additional bright bedrooms ideal for children, guests, or a home office. The home also features interior access to a single-car garage with an automatic door opener, plus parking for an additional vehicle and ample visitor parking for your convenience. Ideally situated across from a park and within walking distance to trails, shops, schools, and transit, this home is close to everything Kitchener has to offer. Enjoy quick access to Fairview Park Mall, local restaurants, the theatre, GRT LRT, and major highways including 8 and 401-making commuting effortless. This property offers exceptional value for its size, location, and condition-a rare opportunity you don't want to miss. Move-in ready and waiting for you to call it home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,719.17/mo

Includes CMHC insurance ($14,787)

$
$
5%10%50%

5-yr fixed avg.

Principal: $477,000Interest: $323,965
Mortgage Amount$491,787
Total Interest$323,965
Est. Property Tax$375/mo
Total Cost$815,752

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

49 Cedarwoods Crescent Unit 48, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$1,715

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 $331/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 79 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.

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 $2,208 (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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    49 Cedarwoods Crescent Unit 48, Kitchener | $530,000 | Battaglia Team