75 Milt Schmidt Street, Kitchener

Price: $1,249,900

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X12857416

Beautiful Modern Design home with huge Balcony to the Overlooking front, Open Concept Upgraded Kitchen, Quartz countertop with upgraded cabinets, Hardwood Floors on Main Level, Large Size Windows with Plenty of light, 9ft ceilings, 4 bedrooms, 3 washrooms, primary bedroom 4pc ensuite w/walk in closet, 2nd floor laundry. Close to Highways, Waterloo University, Shopping etc.

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$1,249,900 - 75 Milt Schmidt Street, Kitchener

Detached for Sale in Kitchener

105 days on market
4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X12857416
Property Type
Detached
Status
active
Days on Site
105
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
GET HOME REALTY INC.
Description

Beautiful Modern Design home with huge Balcony to the Overlooking front, Open Concept Upgraded Kitchen, Quartz countertop with upgraded cabinets, Hardwood Floors on Main Level, Large Size Windows with Plenty of light, 9ft ceilings, 4 bedrooms, 3 washrooms, primary bedroom 4pc ensuite w/walk in closet, 2nd floor laundry. Close to Highways, Waterloo University, Shopping etc.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,528.73/mo

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5%20%50%

5-yr fixed avg.

Principal: $999,920Interest: $658,699
Mortgage Amount$999,920
Total Interest$658,699
Est. Property Tax$885/mo
Total Cost$1,658,619

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?

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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

75 Milt Schmidt Street, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$2,405

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 $500/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 105 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.

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.

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 $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    75 Milt Schmidt Street, Kitchener | $1,249,900 | Battaglia Team