515 Strasburg Road, Kitchener

Price: $550,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13247382

Welcome to 515 Strasburg Road, where comfort, convenience, and opportunity come together in one of Kitchener's most established family-friendly neighbourhoods. Set on a generous lot in sought-after Laurentian Hills, this inviting home offers the space and flexibility today's buyers are looking for. Whether you're purchasing your first home, growing your family, or adding to your investment portfolio, you'll appreciate the practical layout, excellent location, and potential this property has to offer. The bright main floor is designed for everyday living, featuring a spacious kitchen with ample storage, abundant counter space, and thoughtful extras that make meal prep and entertaining a breeze. The kitchen flows naturally into the dining and living areas, creating a warm and welcoming space to gather with family and friends. Comfortable bedrooms provide plenty of natural light, while the lower level expands your living space with endless possibilities for a recreation room, home office, fitness area, or guest retreat. Step outside and enjoy a backyard with room to play, garden, entertain, or simply unwind after a busy day. With parking for three vehicles and a location just minutes from schools, parks, shopping, public transit, and convenient access to Highways 7/8 and the 401, everything you need is within easy reach. Move in and enjoy as-is, or bring your own vision and make it truly your own. Opportunities like this in a well-connected, established neighbourhood don't come along often. Book your showing today and discover the possibilities waiting at 515 Strasburg Road. OPEN HOUSE SAT & SUN 2-4!!

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$550,000 - 515 Strasburg Road, Kitchener

Detached for Sale in Kitchener

Popular Listing
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13247382
Property Type
Detached
Status
active
Days on Site
13
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
ENGEL & VOLKERS WATERLOO REGION
Description

Welcome to 515 Strasburg Road, where comfort, convenience, and opportunity come together in one of Kitchener's most established family-friendly neighbourhoods. Set on a generous lot in sought-after Laurentian Hills, this inviting home offers the space and flexibility today's buyers are looking for. Whether you're purchasing your first home, growing your family, or adding to your investment portfolio, you'll appreciate the practical layout, excellent location, and potential this property has to offer. The bright main floor is designed for everyday living, featuring a spacious kitchen with ample storage, abundant counter space, and thoughtful extras that make meal prep and entertaining a breeze. The kitchen flows naturally into the dining and living areas, creating a warm and welcoming space to gather with family and friends. Comfortable bedrooms provide plenty of natural light, while the lower level expands your living space with endless possibilities for a recreation room, home office, fitness area, or guest retreat. Step outside and enjoy a backyard with room to play, garden, entertain, or simply unwind after a busy day. With parking for three vehicles and a location just minutes from schools, parks, shopping, public transit, and convenient access to Highways 7/8 and the 401, everything you need is within easy reach. Move in and enjoy as-is, or bring your own vision and make it truly your own. Opportunities like this in a well-connected, established neighbourhood don't come along often. Book your showing today and discover the possibilities waiting at 515 Strasburg Road. OPEN HOUSE SAT & SUN 2-4!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.79/mo

Includes CMHC insurance ($15,345)

$
$
5%10%50%

5-yr fixed avg.

Principal: $495,000Interest: $336,191
Mortgage Amount$510,345
Total Interest$336,191
Est. Property Tax$390/mo
Total Cost$846,536

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

515 Strasburg Road, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$2,695

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 $786/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.

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 $2,292 (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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    515 Strasburg Road, Kitchener | $550,000 | Battaglia Team