539 Belmont Avenue Unit 809, Kitchener

Price: $599,900

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12776908

Come and experience care-free living in Belmont Village Condominiums, a beautiful and very well-kept building. Unit 809 offers a spacious, open-concept kitchen/dining room/living room layout with updated luxury wide-plank flooring in the main living space as well as both bedrooms. Step inside the unit and appreciate the built-in cabinetry and large coat closet as well as ceramic tile flooring in the entryway, laundry room and both bathrooms. Freshly painted throughout, this unit shows so well and is truly move-in ready. The laundry room has a newer stackable washer/dryer set (2024) plus room for a second fridge and storage space. The white kitchen has newer stainless fridge, stove and microwave, granite counters, an island with extra prep space, and plenty of storage. This corner unit is bright with lots of natural light and 180 degree views of the city. The balcony is east-facing providing a view of the morning sunrise, as well as covered afternoon shade - perfect for relaxing anytime of day. The large primary bedroom has a walk-in closet and ensuite bathroom with double sinks and walk-in shower. A second bedroom doubles as a den and guest space. One underground parking space that is close to the building entrance plus lots of visitor parking outside. Building amenities include: party/games room, media room, exercise room, guest suite, community BBQ on the patio. Condo fees include: heat, air conditioning, and water. Centrally located and walkable to all the shops and restaurants in Belmont Village, the Iron Horse Trail, and quick access to Uptown Waterloo or Downtown Kitchener.

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$599,900 - 539 Belmont Avenue Unit 809, Kitchener

Condo for Sale in Kitchener

108 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12776908
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Come and experience care-free living in Belmont Village Condominiums, a beautiful and very well-kept building. Unit 809 offers a spacious, open-concept kitchen/dining room/living room layout with updated luxury wide-plank flooring in the main living space as well as both bedrooms. Step inside the unit and appreciate the built-in cabinetry and large coat closet as well as ceramic tile flooring in the entryway, laundry room and both bathrooms. Freshly painted throughout, this unit shows so well and is truly move-in ready. The laundry room has a newer stackable washer/dryer set (2024) plus room for a second fridge and storage space. The white kitchen has newer stainless fridge, stove and microwave, granite counters, an island with extra prep space, and plenty of storage. This corner unit is bright with lots of natural light and 180 degree views of the city. The balcony is east-facing providing a view of the morning sunrise, as well as covered afternoon shade - perfect for relaxing anytime of day. The large primary bedroom has a walk-in closet and ensuite bathroom with double sinks and walk-in shower. A second bedroom doubles as a den and guest space. One underground parking space that is close to the building entrance plus lots of visitor parking outside. Building amenities include: party/games room, media room, exercise room, guest suite, community BBQ on the patio. Condo fees include: heat, air conditioning, and water. Centrally located and walkable to all the shops and restaurants in Belmont Village, the Iron Horse Trail, and quick access to Uptown Waterloo or Downtown Kitchener.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

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5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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

539 Belmont Avenue Unit 809, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$1,190

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 $500/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 108 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.

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 $2,500 (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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    539 Belmont Avenue Unit 809, Kitchener | $599,900 | Battaglia Team