70 Morgan Avenue Unit 6, Kitchener

Price: $399,900

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X12961652

A PLACE TO PLANT ROOTS AND GROW. Tucked into the heart of the family-friendly Chicopee neighbourhood, this 3-bedroom, 1.5-bathroom end-unit condo offers more than just a place to live-it's a place to start your story. Whether you're a first-time buyer eager to enter the market or a young family searching for something to make your own, this home has the right blend of location and potential. Step inside and imagine the memories waiting to be made. The bright living area is perfect for morning coffee or cozy movie nights, and the eat-in kitchen is ready for your culinary creativity. Upstairs, 3 bedrooms offer restful retreats, including a spacious primary with ample storage. Outside, your private fenced backyard features a recently updated deck-ideal for summer BBQs and lazy weekend lounging. Just steps from visitor parking and the shared children's play area, it's a layout that truly understands family life. Updates include a 4-year-old roof, owned water softener (2021), and owned water heater (2023). And with easy access to the Fairway LRT station, Grand Market District, schools, shopping, and the expressway, you're never far from where you need to be. Some rooms are virtually staged.

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$399,900 - 70 Morgan Avenue Unit 6, Kitchener

Condo for Sale in Kitchener

71 days on market
3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X12961652
Property Type
Condo
Status
active
Days on Site
71
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
Description

A PLACE TO PLANT ROOTS AND GROW. Tucked into the heart of the family-friendly Chicopee neighbourhood, this 3-bedroom, 1.5-bathroom end-unit condo offers more than just a place to live-it's a place to start your story. Whether you're a first-time buyer eager to enter the market or a young family searching for something to make your own, this home has the right blend of location and potential. Step inside and imagine the memories waiting to be made. The bright living area is perfect for morning coffee or cozy movie nights, and the eat-in kitchen is ready for your culinary creativity. Upstairs, 3 bedrooms offer restful retreats, including a spacious primary with ample storage. Outside, your private fenced backyard features a recently updated deck-ideal for summer BBQs and lazy weekend lounging. Just steps from visitor parking and the shared children's play area, it's a layout that truly understands family life. Updates include a 4-year-old roof, owned water softener (2021), and owned water heater (2023). And with easy access to the Fairway LRT station, Grand Market District, schools, shopping, and the expressway, you're never far from where you need to be. Some rooms are virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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

70 Morgan Avenue Unit 6, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
5.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,804

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 $286/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 71 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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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    70 Morgan Avenue Unit 6, Kitchener | $399,900 | Battaglia Team