$529,990 - 525 Erinbrook Drive Unit B039, Kitchener
Condo for Sale in Kitchener
73 days on market- MLS Number
- X12968086
- Property Type
- Condo
- Status
- active
- Days on Site
- 73
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 HERITAGE HOUSE LTD
Welcome to the Aliya, a modern 1368 sq. ft. second and third floor unit in the Stacked Condo Townhomes at the Erinbrook Towns! This unit offers 2 bedrooms, 2.5 bathrooms, and a dedicated parking space. The second floor features an open-concept living room, a modern kitchen with a dinette, and a powder room. Enjoy the covered balcony for outdoor relaxation. The third floor includes a principal bedroom with an ensuite and walk-in closet, an additional bedroom, and a main bathroom. Perfect for those who love a lock-and-go lifestyle - say goodbye to shoveling snow and mowing lawns, and spend more time doing what you enjoy most! Located close to shopping, restaurants, parks, and more, the Bobby combines comfort and convenience in an established, vibrant community. These ENERGY STAR certified homes also come with an appliance package and a Bell Internet Package included in your Condo Fees. Please note: This is a pre-construction project - there are no completed units available to view yet. First-Time Homebuyer Deposit Plan available for qualified purchasers! Colour selections, finishes, and upgrades have been curated by our award-winning design team and are reflected in the pricing. Sales Centre is located at 55 Columbia St E Waterloo and is open Monday-Wednesday from 4-7pm and Saturday and Sunday from 1-5pm, holidays excepted.
Estimate your monthly payments for this property
Estimated Payment
$2,719.12/mo
Includes CMHC insurance ($14,787)
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.
525 Erinbrook Drive Unit B039, 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 $442/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 73 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.
Bathroom Count Matters
With 3 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 $2,208 (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.