$649,900 - 86 Upper Mercer Street, Kitchener
Townhouse for Sale in Kitchener
New — Listed 5 days ago- MLS Number
- X13256332
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
Premium Forest View lot! Quality built by Fusion Homes! This beautifully maintained freehold townhome is ideally located steps to the Grand River Trails, a new high school, and a view of Chicopee Ski Resort off in the distance. With great access to the 401, this home is a commuter's dream with Cambridge and Guelph just a short drive away. The main floor is designed for modern living with a convenient two-piece powder room and an open-concept layout. The gorgeous kitchen boasts stainless appliances, upgraded maple cabinetry including pot and pan drawer and a luxury island with breakfast bar. The expansive dining area with upgraded 45 degree tiled floors flows seamlessly into the great-sized living room which has a walkout sliding patio door for a great view of the private yard. Upstairs, you'll love the sunlit hallway from the upgraded skylight. You'll also find three generously sized bedrooms. The primary suite is large enough for a king sized bed and features an oversized window to take advantage of the views, a large walk-in closet as well as a luxury 3 piece ensuite with an upgraded glass walk-in shower. The upper level is complete with a four-piece main bathroom. The bright open basement features a walkout to the fully fenced backyard. The expansive basement can be finished however you Iike. It also has a laundry area, utility area, a cold room plus an area with a rough in bathroom. Additional impressive features of this home include : An oversized garage (1.5 interior) with direct walk-through access to the yard, water softener, electric garage door and central vac rough ins, insulated garage door and hard wired smoke and CO detectors. This well cared for one owner home is ready for you to move in and enjoy! Note some photos virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
5-yr fixed avg.
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.
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
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.
86 Upper Mercer Street, Kitchener
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $591/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 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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.