$715,000 - 5 michelle Court, Kitchener
Detached for Sale in Kitchener
98 days on market- MLS Number
- X12880992
- Property Type
- Detached
- Status
- active
- Days on Site
- 98
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Just move in and enjoy this impressively renovated contemporary home located on a quiet court in a highly convenient neighbourhood. Offering 3 spacious bedrooms and 4 bathrooms, including a private 3-piece ensuite, this home provides plenty of room for comfortable family living. The stylish two-tone shaker kitchen is a true highlight, featuring quartz countertops, a classic subway tile backsplash, and stainless steel appliances. Hardwood and ceramic flooring flow throughout the main level, while the bathrooms have been tastefully updated to a standard rarely seen in this price range. Sliding doors off the dining area lead to a deep, newly fenced 135-ft backyard - perfect for entertaining, relaxing, or letting the kids and pets play. The finished basement adds valuable extra living space ideal for a family room, home office, gym, or guest area. Additional features include central A/C, a single garage with ample driveway parking, and an unbeatable location just minutes to the highway, public transit, and the shopping, dining, and everyday amenities of Ira Needles. A beautifully updated home in a fantastic location - simply move in and start enjoying. Close to Schools!
Estimate your monthly payments for this property
Estimated Payment
$3,668.32/mo
Includes CMHC insurance ($19,949)
5-yr fixed avg.
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.
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
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.
5 michelle Court, Kitchener
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $650/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.
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 $2,979 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.