$799,000 - 54 Deerwood Crescent, Kitchener
Detached for Sale in Kitchener
43 days on market- MLS Number
- X13099086
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX Solid Gold Realty (II) Ltd
Welcome to 54 Deerwood Crescent, a spacious and beautifully updated two-storey home tucked into a sought-after neighbourhood in Kitchener. Backing onto a walking trail, this property offers both privacy and connection to nature-perfect for morning strolls or unwinding at the end of the day. This impressive home features 4 generous bedrooms and 5 bathrooms, offering plenty of space for growing families or multi-generational living. Inside, you'll find a timeless blend of quality finishes, including solid maple stairs, hardwood and slate flooring throughout, and multiple inviting living areas designed for both everyday comfort and entertaining. If you like gardening, you'll love the perennial beds and a fantastic shed to work out of. The heart of the home is the updated kitchen, complete with quartz countertops, built-in wall ovens, cooktop, dishwasher, and refrigerator, thoughtfully designed for both function and style. Two electric fireplaces add charm and character throughout the home. Significant upgrades provide peace of mind, including a HyGrade steel roof with 50-yr warranty, improved curb appeal with updated siding, eaves and soffits, as well as a high-efficiency 2-ton Carrier furnace, central air conditioning, humidifier, and air cleaner for year-round comfort. A unique feature of this home is the converted double car garage, now a spacious main floor family room with its own heat pump. With the added benefit of a wheelchair-accessible ramp, this versatile space is ideal for a home office, studio, or potential in-law setup. It also offers the flexibility to be converted back into a garage if desired - a rare and valuable option. This is a fantastic opportunity to own a well-maintained, extensively upgraded home in a family-friendly location close to schools, parks, and amenities.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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.
54 Deerwood 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 $400/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 43 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.
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.
Bathroom Count Matters
With 5 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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.