928 Robert Ferrie Drive, Kitchener

Price: $749,000

6 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13167714

Great House For First Time Buyers and Investors, Townhouse with 4 Bedrooms& 4 Full Washrooms, One On Main Floor as well., Ravine Lot & Finished Basement! Approx 1810 Sq Ft In High Demand Area Of Kitchener. Luxury Hwood Floors On Main Floors Broadloom 2nd Level, Large Kitchen W/Breakfast Bars Granite Counter Top, Stainless Steel Appliances, 9 Ft Ceiling, 2nd Floor Laundry And also In Basement Great House For First Time Buyers!! Full house rented for Top $$$ Located Minutes Away From Conestoga College And Groh Public School. Access To Hwy 401

928 Robert Ferrie Drive - Townhouse photo 1 of 15 in Kitchener, Ontario
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$749,000 - 928 Robert Ferrie Drive, Kitchener

Townhouse for Sale in Kitchener

6Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13167714
Property Type
Townhouse
Status
active
Days on Site
20
Bedrooms
6
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Description

Great House For First Time Buyers and Investors, Townhouse with 4 Bedrooms& 4 Full Washrooms, One On Main Floor as well., Ravine Lot & Finished Basement! Approx 1810 Sq Ft In High Demand Area Of Kitchener. Luxury Hwood Floors On Main Floors Broadloom 2nd Level, Large Kitchen W/Breakfast Bars Granite Counter Top, Stainless Steel Appliances, 9 Ft Ceiling, 2nd Floor Laundry And also In Basement Great House For First Time Buyers!! Full house rented for Top $$$ Located Minutes Away From Conestoga College And Groh Public School. Access To Hwy 401

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

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5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

928 Robert Ferrie Drive, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,780/mo
Range: $3,213 - $4,347
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,780
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$3,093

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 $499/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 20 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.

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.

Excellent Flexibility

With 6 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 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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    MLS# X13167714 — 928 Robert Ferrie Drive, Kitche… | Battaglia Team