72 St Jerome Crescent, Kitchener

Price: $814,900

5 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X12924202

Welcome to 72 St. Jerome Crescent, a beautifully updated legal duplex bungalow located in the highly sought-after Fairview community, perfectly situated on a generous 42 x 129 ft lot. This property is ideal for both homeowners and investors, offering incredible living space along with excellent income potential. Drive into this charming house offering ample parking with 4-car driveway and spacious one car garage. Step inside to a bright and inviting living room featuring a stunning wall of windows that fills the space with natural light, along with a stylish accent wall that adds warmth. The modern kitchen is fully updated and equipped with appliances, ample cabinetry and a chic backsplash, seamlessly flowing into the dining area where family meals and gatherings can be enjoyed. The main level offers 3 generously sized bedrooms, each bright, airy, and complete with its own closet space, along with a beautifully updated 4pc bathroom featuring a newer vanity and toilet. A major highlight of this home is the fully finished legal basement (completed in 2023) with a separate entrance, making it an exceptional mortgage helper or in-law suite. The lower-level features 2 spacious bedrooms, each with its own private 3pc bathroom, a large Rec room, kitchen and shared laundry (2023 washer and dryer). Step outside to your own private backyard, complete with an oversized deck perfect for summer lounging, an above-ground pool (Note: sellers never used the pool), plenty of green space for kids to play or for gardening and a charming pond that adds a peaceful, picturesque touch. Additional upgrades include a water softener (2025), reverse osmosis system (2024) and new garage door opener (2024). Centrally located with easy access to Waterloo, Cambridge, Guelph and just minutes to Hwy 7/8, 401, Fairview Park Mall, shopping, schools and everyday amenities. This is a rare opportunity to own a move-in-ready home with built-in income potential, don't miss your chance to make it yours!

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$814,900 - 72 St Jerome Crescent, Kitchener

Detached for Sale in Kitchener

84 days on market
5Beds
3Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X12924202
Property Type
Detached
Status
active
Days on Site
84
Bedrooms
5
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Welcome to 72 St. Jerome Crescent, a beautifully updated legal duplex bungalow located in the highly sought-after Fairview community, perfectly situated on a generous 42 x 129 ft lot. This property is ideal for both homeowners and investors, offering incredible living space along with excellent income potential. Drive into this charming house offering ample parking with 4-car driveway and spacious one car garage. Step inside to a bright and inviting living room featuring a stunning wall of windows that fills the space with natural light, along with a stylish accent wall that adds warmth. The modern kitchen is fully updated and equipped with appliances, ample cabinetry and a chic backsplash, seamlessly flowing into the dining area where family meals and gatherings can be enjoyed. The main level offers 3 generously sized bedrooms, each bright, airy, and complete with its own closet space, along with a beautifully updated 4pc bathroom featuring a newer vanity and toilet. A major highlight of this home is the fully finished legal basement (completed in 2023) with a separate entrance, making it an exceptional mortgage helper or in-law suite. The lower-level features 2 spacious bedrooms, each with its own private 3pc bathroom, a large Rec room, kitchen and shared laundry (2023 washer and dryer). Step outside to your own private backyard, complete with an oversized deck perfect for summer lounging, an above-ground pool (Note: sellers never used the pool), plenty of green space for kids to play or for gardening and a charming pond that adds a peaceful, picturesque touch. Additional upgrades include a water softener (2025), reverse osmosis system (2024) and new garage door opener (2024). Centrally located with easy access to Waterloo, Cambridge, Guelph and just minutes to Hwy 7/8, 401, Fairview Park Mall, shopping, schools and everyday amenities. This is a rare opportunity to own a move-in-ready home with built-in income potential, don't miss your chance to make it yours!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,180.86/mo

Includes CMHC insurance ($22,736)

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5-yr fixed avg.

Principal: $733,410Interest: $498,112
Mortgage Amount$756,146
Total Interest$498,112
Est. Property Tax$577/mo
Total Cost$1,254,258

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

72 St Jerome Crescent, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$577
Insurance (est.)-$170
Net Cash Flow+$2,853

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

Premium Pricing

At $1164/sqft, this property is priced above the Kitchener average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 84 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.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    72 St Jerome Crescent, Kitchener | $814,900 | Battaglia Team