66 Grassbourne Avenue, Kitchener

Price: $769,900

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13012378

This beautifully maintained FREEHOLD townhouse, featuring luxury finishes constructed by renowned builder Heathwood, is located in one of Kitchener's most desirable, family-friendly neighbourhoods, just minutes from Highway 401, shopping, dining, and everyday conveniences. Featuring 3 bedrooms and 3+1 bathrooms, this home offers a fully finished basement, garage, and 9-ft ceilings on the main floor, along with modern finishes throughout. The bright open-concept main level seamlessly connects the living, dining, and kitchen areas, highlighted by large windows, upgraded lighting, and a cozy fireplace. The kitchen is equipped with white cabinetry, quartz countertops, stainless steel appliances, double sinks, and a large eat-in island, plus a convenient pantry. Additional storage is provided with coat closets at both the front entry and garage access. Hardwood stairs lead to the second level, featuring two spacious bedrooms with oversized closets, a full bathroom, and second-floor laundry. The primary suite includes a walk-in closet and a luxurious ensuite with double sinks, a soaker tub, and a glass stand-up shower. The finished basement offers versatile space ideal for a rec room, home office, or potential 4th bedroom, complete with high ceilings and a 3-piece bathroom. Additional features include an owned water softener, water purifier, and garage shelving for extra storage. Located close to top-rated schools, scenic trails, and the highly sought-after RBJ Schlegel Park, which offers sports fields, a cricket pitch, courts, playgrounds, splashpad, and an upcoming state-of-the-art indoor recreation facility, this home delivers exceptional lifestyle and convenience in a rapidly growing community.

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$769,900 - 66 Grassbourne Avenue, Kitchener

Townhouse for Sale in Kitchener

57 days on market
3Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13012378
Property Type
Townhouse
Status
active
Days on Site
57
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
ROYAL LEPAGE CERTIFIED REALTY
Description

This beautifully maintained FREEHOLD townhouse, featuring luxury finishes constructed by renowned builder Heathwood, is located in one of Kitchener's most desirable, family-friendly neighbourhoods, just minutes from Highway 401, shopping, dining, and everyday conveniences. Featuring 3 bedrooms and 3+1 bathrooms, this home offers a fully finished basement, garage, and 9-ft ceilings on the main floor, along with modern finishes throughout. The bright open-concept main level seamlessly connects the living, dining, and kitchen areas, highlighted by large windows, upgraded lighting, and a cozy fireplace. The kitchen is equipped with white cabinetry, quartz countertops, stainless steel appliances, double sinks, and a large eat-in island, plus a convenient pantry. Additional storage is provided with coat closets at both the front entry and garage access. Hardwood stairs lead to the second level, featuring two spacious bedrooms with oversized closets, a full bathroom, and second-floor laundry. The primary suite includes a walk-in closet and a luxurious ensuite with double sinks, a soaker tub, and a glass stand-up shower. The finished basement offers versatile space ideal for a rec room, home office, or potential 4th bedroom, complete with high ceilings and a 3-piece bathroom. Additional features include an owned water softener, water purifier, and garage shelving for extra storage. Located close to top-rated schools, scenic trails, and the highly sought-after RBJ Schlegel Park, which offers sports fields, a cricket pitch, courts, playgrounds, splashpad, and an upcoming state-of-the-art indoor recreation facility, this home delivers exceptional lifestyle and convenience in a rapidly growing community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,949.99/mo

Includes CMHC insurance ($21,480)

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5-yr fixed avg.

Principal: $692,910Interest: $470,606
Mortgage Amount$714,390
Total Interest$470,606
Est. Property Tax$545/mo
Total Cost$1,184,996

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

66 Grassbourne Avenue, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$2,025

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 $513/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 57 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $3,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    MLS# X13012378 — 66 Grassbourne Avenue, Kitchener | Battaglia Team