76 Grassbourne Avenue, Kitchener

Price: $719,900

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13422544

Cozy 100% FREEHOLD townhouse, featuring quality finishes built by renowned builder Heathwood Homes. Top Location: in one of Kitchener's most desirable, family-friendly neighbourhoods, just mins from Highway 401 & Hwy 7/8. University of Waterloo, Wilfrid Laurier University & Conestoga College are 10-20 mins away. Surprisingly Bigger: Featuring Builder Finished Basement. 3 Comfortable size bedrooms and 3+1 bathrooms. Entrance from garage through mudroom & a bonus closet. Front Entrance Foyer with Higher ceiling conveniently located closet. 1 step up to 9-ft ceilings on the main floor. 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 beautiful cabinetry, quartz countertops, stainless steel appliances, double sinks, and a large eat-in island, plus a convenient pantry. Hardwood stairs lead to the second level, featuring two spacious bedrooms with oversized closets, a full bathroom, and second-floor laundry. The Master Bedroom boasts of a walk-in closet and a luxurious ensuite with double vanity, a soaker tub, and a glass stand-up shower. The finished basement offers a Rec Room with high ceilings and a 3-piece bathroom. Additional features include an owned water softener. 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, splash pad, 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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active
New Listing
1/50

$719,900 - 76 Grassbourne Avenue, Kitchener

Townhouse for Sale in Kitchener

New — Listed 4 days ago
3Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13422544
Property Type
Townhouse
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Cozy 100% FREEHOLD townhouse, featuring quality finishes built by renowned builder Heathwood Homes. Top Location: in one of Kitchener's most desirable, family-friendly neighbourhoods, just mins from Highway 401 & Hwy 7/8. University of Waterloo, Wilfrid Laurier University & Conestoga College are 10-20 mins away. Surprisingly Bigger: Featuring Builder Finished Basement. 3 Comfortable size bedrooms and 3+1 bathrooms. Entrance from garage through mudroom & a bonus closet. Front Entrance Foyer with Higher ceiling conveniently located closet. 1 step up to 9-ft ceilings on the main floor. 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 beautiful cabinetry, quartz countertops, stainless steel appliances, double sinks, and a large eat-in island, plus a convenient pantry. Hardwood stairs lead to the second level, featuring two spacious bedrooms with oversized closets, a full bathroom, and second-floor laundry. The Master Bedroom boasts of a walk-in closet and a luxurious ensuite with double vanity, a soaker tub, and a glass stand-up shower. The finished basement offers a Rec Room with high ceilings and a 3-piece bathroom. Additional features include an owned water softener. 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, splash pad, 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

$3,693.46/mo

Includes CMHC insurance ($20,085)

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5-yr fixed avg.

Principal: $647,910Interest: $440,043
Mortgage Amount$667,995
Total Interest$440,043
Est. Property Tax$510/mo
Total Cost$1,108,038

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

76 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$510
Insurance (est.)-$150
Net Cash Flow+$2,070

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 $480/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $3,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    76 Grassbourne Avenue, Kitchener — $719,900 | Battaglia Team