$799,900 - 111 Parkvale Drive, Kitchener
Detached for Sale in Kitchener
Popular Listing- MLS Number
- X13478718
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY BHAVSAR REALTY
Welcome to 111 Parkvale Drive, a beautifully renovated 3-bedroom detached home offering modern upgrades, functional living space, and exceptional value in one of Kitchener's sought-after family-friendly communities. Step inside to discover a bright and inviting interior featuring brand-new laminate flooring throughout the main and second floors, fresh paint throughout, updated light fixtures, and an abundance of pot lights that create a warm and contemporary atmosphere. The spacious main floor is designed for comfortable everyday living and effortless entertaining. The stunning renovated kitchen is the heart of the home, showcasing refurbished cabinetry, brand-new quartz countertops, stylish backsplash, a large centre island, and a full suite of newer stainless steel appliances including a new stove & hood fan, refrigerator, and built-in dishwasher. Whether preparing family meals or hosting guests, this kitchen is sure to impress. Upstairs, you'll find three generously sized bedrooms along with updated bathrooms featuring new vanity countertops. The staircase has been upgraded with modern iron pickets, adding an elegant touch to the home's contemporary design. Additional highlights include direct access from the garage into the home, providing everyday convenience, and an unfinished basement with large windows, offering endless possibilities for future customization-create a recreation room, home office, gym, additional living space, or an in-law suite to suit your recreation room, home office, gym, additional living space, or an in-law suite to suit your for summer BBQs, entertaining friends and family, or simply relaxing outdoors. Located in a high-demand Kitchener neighbourhood, this home offers easy access to parks, schools, shopping, restaurants, public transit, and major commuter routes.
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
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.
111 Parkvale 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 $533/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.
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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.