$1,149,900 - 55 Spachman Street, Kitchener
Detached for Sale in Kitchener
New — Listed 3 days ago- MLS Number
- X13234766
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
Dare to be impressed in The "Rahi" Model boasting over 3444sqft of finished living space w/a 3 bed + 2 bed, 3 1/2 bath floor plan w/upper family room and a host of premium features. IMPRESSIVE 8 FOOT TALL FRONT ENTRY DOOR, setting the tone for the lavish interiors that await. The designer kitchen is adorned with upgraded Heirloom-style maple cabinetry, soft-close cabinets, and a QUARTZ COUNTERTOP & BACKSPLASH THAT EXUDE SOPHISTICATION. Enhancing its allure is the island w/upgraded corner posts, a wine fridge, gas stove with an upgraded stainless chimney hood fan, and in-floor heating. A 6 ft patio door featuring a transom window above, inviting natural light and seamless indoor-outdoor living. Gather around the NAPOLEON GAS FIREPLACE IN THE GREAT ROOM, illuminated by pot lights strategically added for ambiance. The opulence extends to every bathroom, where UPGRADED QUARTZ COUNTERTOPS AND MAPLE SHAKER CABINETS create a spa-like atmosphere. Revel in the luxury of a 10 ft main floor ceiling height, 12x24 CERAMIC TILE FLOORING in the foyer, kitchen, and bathrooms, alongside maple hardwood flooring in the Great room, dining room, family room, and upper hallway. Ascend the MAPLE HARDWOOD STEPS ADORNED WITH BLACK WROUGHT IRON SPINDLES, leading to an upper family room for additional relaxation and leisure. Retreat to the generously sized primary bedroom which features a walk-in closet. The master ensuite, a sanctuary featuring DOUBLE VESSEL SINKS, A FREESTANDING TUB, AND A GLASS-ENCLOSED SHOWER with a rain shower head, EPITOMIZING INDULGENCE AND STYLE. Professionally finished by the builder, the basement offers additional living space with a 9 ft ceiling, two bedrooms, and a 3 pc bathroom, illuminated by two Egress windows that flood the space with natural light. Outside, unwind in the fully fenced backyard, complete with a retractable awning and deck, perfect for dining and entertaining
Estimate your monthly payments for this property
Estimated Payment
$5,086.40/mo
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.
55 Spachman Street, 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 $575/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.
Bathroom Count Matters
With 4 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 $4,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.