59 Irvin Street, Kitchener

Price: $625,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13310600

Discover the potential of this spacious 2-storey home located in Kitchener's East Ward neighbourhood. Offering generous living space across three levels, this property features 5 Bedrooms, 3 full Bathrooms, multiple living areas, a large covered front porch, and an unfinished basement with a separate entrance. With its spacious layout and flexible floor plan, this home presents an excellent opportunity for buyers looking to renovate, restore, or personalize a property to suit their needs. Whether you're an investor, contractor, or homeowner with a vision, there is significant potential to add value and create something special. Conveniently located near parks, schools, public transit, downtown Kitchener, Centre In The Square, the Kitchener Public Library, and a variety of everyday amenities. Commuters will appreciate the easy access to major transportation routes. A unique opportunity to own a substantial home in an established Kitchener neighbourhood, offering space, versatility, and plenty of potential. Book your viewing today!

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$625,000 - 59 Irvin Street, Kitchener

Detached for Sale in Kitchener

Popular Listing
5Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13310600
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX ICON REALTY
Description

Discover the potential of this spacious 2-storey home located in Kitchener's East Ward neighbourhood. Offering generous living space across three levels, this property features 5 Bedrooms, 3 full Bathrooms, multiple living areas, a large covered front porch, and an unfinished basement with a separate entrance. With its spacious layout and flexible floor plan, this home presents an excellent opportunity for buyers looking to renovate, restore, or personalize a property to suit their needs. Whether you're an investor, contractor, or homeowner with a vision, there is significant potential to add value and create something special. Conveniently located near parks, schools, public transit, downtown Kitchener, Centre In The Square, the Kitchener Public Library, and a variety of everyday amenities. Commuters will appreciate the easy access to major transportation routes. A unique opportunity to own a substantial home in an established Kitchener neighbourhood, offering space, versatility, and plenty of potential. Book your viewing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,206.57/mo

Includes CMHC insurance ($17,438)

$
$
5%10%50%

5-yr fixed avg.

Principal: $562,500Interest: $382,035
Mortgage Amount$579,938
Total Interest$382,035
Est. Property Tax$443/mo
Total Cost$961,972

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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

59 Irvin Street, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
6.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$443
Insurance (est.)-$130
Net Cash Flow+$3,127

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 $313/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.

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 3 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 $2,604 (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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    59 Irvin Street, Kitchener — $625,000 | Battaglia Team