$829,000 - 56 Reistwood Drive, Kitchener
Townhouse for Sale in Kitchener
89 days on market- MLS Number
- X12885592
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 89
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- HomeLife Power Realty Inc
Stunning end-unit freehold townhouse in the highly desirable Huron Park community! Built by Heathwood Homes (The Forbes - Elevation B) and situated on a premium end lot with Brick Front, this beautifully upgraded home offers over 2,700 sq. ft. of finished living space and no homes behind for added privacy.The bright Open-Concept main floor features 9-ft ceilings, hardwood flooring, large windows with california shutters.Elegant oak stairs add style and character to the home. The great room offers a stylish fireplace and walkout to backyard.The main floor also includes a convenient powder room.The modern kitchen includes extended cabinetry, quartz countertops, stainless steel appliances, stylish backsplash, installed gas line for a gas stove and a large island perfect for entertaining.The 2nd floor features 4 spacious bedrooms and 2 full bathrooms and convenient second-floor laundry. The primary suite features a 9-ft tray ceiling, two walk-in closets(his & hers), and a luxurious 4-piece ensuite with quartz counters, soaker tub, and glass shower. Secondry bedrooms include upgraded closet doors and share a well-appointed 3-piece bathroom with quartz countertops.The fully finished basement with 9-ft ceilings includes a large recreation room and a third full bathroom with quartz countertops, offering flexible space for a home theatre, gym, office, or guest suite.Recent upgrades include brand-new high-quality flooring on the second floor, made the 2nd floor completely carpet-free. Additional highlights include California shutters, interior garage access, and ample storage.Conveniently located close to top-rated schools, parks, trails, grocery stores, shopping, restaurants, public transit, major universities(Waterloo and Wilfrid laurier) and Conestoga college.This home offers the perfect blend of luxury, comfort, and convenience.
Estimate your monthly payments for this property
Estimated Payment
$4,253.20/mo
Includes CMHC insurance ($23,129)
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.
56 Reistwood Drive, 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 $415/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 89 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Kitchener have shown strong appreciation as families seek more space.
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 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 $3,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.