$699,000 - 51 Underhill Crescent, Kitchener
Detached for Sale in Kitchener
- MLS Number
- X13220482
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
Welcome to 51 Underhill Crescent in Kitchener-a well-maintained raised bungalow offering versatile living space, charming character, and exceptional entertaining potential. Step inside the welcoming front foyer and head upstairs to a bright and spacious living room, filled with natural light from large windows and seamlessly combined with a formal dining area-perfect for both everyday living and hosting family gatherings. The functional kitchen offers abundant counter space, ample cabinetry, and a built-in breakfast nook for casual dining. This level also features three generously sized bedrooms and a well-appointed 4-piece bathroom. The lower level is truly an entertainer's dream. Relax in the spacious rec room highlighted by a cozy gas brick fireplace, creating the perfect atmosphere for movie nights or gatherings with friends. A convenient 2-piece bathroom adds functionality, while the bonus room offers endless possibilities-currently ideal as a bar or games area, or easily converted into a spacious fourth bedroom with its existing walk-in closet. A separate staircase leads directly to the side entrance, offering excellent in-law or multi-generational living potential. Step outside to your fully fenced backyard, complete with a deck, plenty of green space, and room for kids, pets, or summer entertaining. The attached single-car garage plus driveway parking for two additional vehicles completes this fantastic property. A wonderful opportunity to own a versatile family home in an established neighbourhood close to schools, parks, shopping, and everyday amenities.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
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.
51 Underhill Crescent, 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 $635/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.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $2,913 (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.