$549,990 - 525 Erinbrook Drive Unit C062, Kitchener
Condo for Sale in Kitchener
72 days on market- MLS Number
- X12968078
- Property Type
- Condo
- Status
- active
- Days on Site
- 72
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 HERITAGE HOUSE LTD
Experience the ultimate "lock-and-go" lifestyle in the Renee model at the Erinbrook Towns. This 1,392 sq. ft. stacked townhome end unit offers a perfect blend of modern sophistication and functional design across two bright levels. The main floor (2nd level) features an expansive open-concept Great Room flooded with natural light from oversized windows. The kitchen is a showstopper, boasting sleek white cabinetry, a large contrast island with breakfast bar, stainless steel appliances, and a bright dinette. Step out through the sliding glass doors to your private covered balcony-the perfect spot for morning coffee or evening relaxation. The upper level (3rd level) is designed for comfort, featuring a large primary bedroom, two additional bedrooms, a 4-piece main bath, and convenient laundry access. Exceptional Value & Efficiency: ENERGY STAR Certified for lower utility costs. Bell Internet Package included in the monthly condo fees. Dedicated parking space included. Professional landscaping and snow removal-never pick up a shovel again! Located in a vibrant community close to all amenities, this is an ideal opportunity for first-time buyers or busy professionals. Ask about the First-Time Homebuyer Deposit Plan! Some images have been virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$2,821.73/mo
Includes CMHC insurance ($15,345)
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 C062, 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 $458/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 72 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 $2,292 (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.