$650,000 - 101 Crosby Drive, Kitchener
Detached for Sale in Kitchener
- MLS Number
- X13618136
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- eXp Realty
Welcome to this uniquely laid out 2 story raised Bungalow with Loft, featuring a stunning outdoor oasis with a Salt Water Pool, gardens & endless potential!!! A rare find for buyers who know an opportunity when they see it. This well loved family home offers just under 2500 sqft for you to enjoy - a layout you won't find twice. The showstopper is the massive second-story loft: a private retreat with a walk-in closet, full bathroom, and a jacuzzi tub in the main area, plus a walkout deck (boards and railings replaced 2022) overlooking the gorgeous backyard. The main floor offers 3 bedrooms and a full 4 piece bath, with a walkout to the backyard, gas line for your BBQ and fenced in swimming pool. Stepping out onto your covered porch leading you to an overside shed where the Hayward pool mechanicals and solar heater equipment is located . Although the pool has not been opened this year it was fully operational last season - virtual photos are included to showcase its potential. Outside, the property has been beautifully landscaped with an abundance of perennials, including a stunning ginkgo tree, weeping mulberry tree, magnolia tree, rose of sharon bush, a variety of hostas, and more - guaranteeing something in bloom all season long. Downstairs, the finished basement has a 2-piece bath, cold cellar, wood burning fireplace, laundry, and direct access to the oversized garage with workbench - ideal for hobbyists or extra storage. Major mechanicals are taken care of too: estimates of furnace and roof replacement is 2019, garage door, front & side screen doors in 2025. The finishes throughout are in great condition but also could be ready for a refresh, giving renovators and savvy buyers the chance to add their own style and build instant equity in a home with great bones and a layout you can't replicate.
Estimate your monthly payments for this property
Estimated Payment
$3,334.84/mo
Includes CMHC insurance ($18,135)
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.
101 Crosby Drive, 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 $433/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 25 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.
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.
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.