74 Glen Park Crescent, Kitchener

Price: $599,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Multi-Family

MLS#: X13229736

Exceptional duplex opportunity in a desirable Kitchener neighbourhood! This solid brick raised bungalow offers incredible versatility for investors, multi-generational families, or homeowners seeking mortgage-helper potential. The upper unit welcomes you with a bright and spacious layout highlighted by oversized windows that flood the home with natural light. The inviting living room features a stunning stone-front electric fireplace and engineered hardwood flooring, creating a warm and elegant gathering space. Open to the living area, the generous dining room is perfect for family meals and entertaining. The well-appointed kitchen boasts abundant dark wood cabinetry, quartz countertops, stainless steel appliances, and ample storage and prep space. A convenient walkout from the kitchen leads to the backyard deck, making outdoor dining and summer entertaining effortless. The upper level also features three spacious bedrooms, each complete with large windows and engineered hardwood flooring, along with a full bathroom. The lower unit offers excellent income potential with its own kitchen, comfortable living area, one bedroom, and separate living space, providing privacy and flexibility for tenants or extended family members. Outside, enjoy a large fully fenced backyard featuring a double-level deck, ideal for relaxing, entertaining, or enjoying time with family and pets. The wide driveway and attached single-car garage provide parking for up to five vehicles in total. Ideally situated close to schools, parks, shopping, restaurants, public transit, and major commuter routes, this property offers convenient access to everything Kitchener has to offer. Nearby trails, recreation facilities, and everyday amenities make this a fantastic location for families and tenants alike. A rare opportunity to own a well-maintained duplex in a sought-after location with strong income potential and exceptional living space.

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$599,900 - 74 Glen Park Crescent, Kitchener

Multi-Family for Sale in Kitchener

4Beds
2Baths
1,100 - 1,499Sq Ft
Multi-Family
Property Details
MLS Number
X13229736
Property Type
Multi-Family
Status
active
Days on Site
17
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
EXP REALTY
Description

Exceptional duplex opportunity in a desirable Kitchener neighbourhood! This solid brick raised bungalow offers incredible versatility for investors, multi-generational families, or homeowners seeking mortgage-helper potential. The upper unit welcomes you with a bright and spacious layout highlighted by oversized windows that flood the home with natural light. The inviting living room features a stunning stone-front electric fireplace and engineered hardwood flooring, creating a warm and elegant gathering space. Open to the living area, the generous dining room is perfect for family meals and entertaining. The well-appointed kitchen boasts abundant dark wood cabinetry, quartz countertops, stainless steel appliances, and ample storage and prep space. A convenient walkout from the kitchen leads to the backyard deck, making outdoor dining and summer entertaining effortless. The upper level also features three spacious bedrooms, each complete with large windows and engineered hardwood flooring, along with a full bathroom. The lower unit offers excellent income potential with its own kitchen, comfortable living area, one bedroom, and separate living space, providing privacy and flexibility for tenants or extended family members. Outside, enjoy a large fully fenced backyard featuring a double-level deck, ideal for relaxing, entertaining, or enjoying time with family and pets. The wide driveway and attached single-car garage provide parking for up to five vehicles in total. Ideally situated close to schools, parks, shopping, restaurants, public transit, and major commuter routes, this property offers convenient access to everything Kitchener has to offer. Nearby trails, recreation facilities, and everyday amenities make this a fantastic location for families and tenants alike. A rare opportunity to own a well-maintained duplex in a sought-after location with strong income potential and exceptional living space.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

$
$
5%10%50%

5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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

74 Glen Park Crescent, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,650

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 $545/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.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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 $2,500 (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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    74 Glen Park Crescent, Kitchener | $599,900 | Battaglia Team