123 FOREST EDGE Trail, Kitchener

Price: $899,900

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13544928

LEGAL DUPLEX! 5 BEDROOMS, 4 BATHROOMS. Welcome to 123 Forest Edge Trail located in the highly sought-after Wyldwoods community of Doon South, where style, space, and versatility come together. This exceptional corner lot 2 storey home features 4+1 spacious bedrooms, 4 bathrooms, a stunning sunroom & a fully finished legal duplex with a separate walk-up entrance, this home is perfect for growing families, multi-generational living, or those seeking valuable rental income. Step inside through the oversized covered porch & discover a bright, open-concept main floor designed for modern living. The beautifully updated kitchen showcases new cabinetry doors, granite countertops, stainless steel appliances, a butcher block island, and ample workspace, making it the perfect gathering place for family and friends. The adjoining dining area flows seamlessly into the inviting living room, creating an ideal space for everyday living and entertaining. One of the home's standout features is the spectacular sunroom, complete with floor-to-ceiling windows, a charming timber-frame design, and peaceful views of the surrounding greenery-an ideal space to relax year-round. Upstairs, you'll find four generously sized bedrooms, all featuring brand-new vinyl flooring. The spacious primary suite offers a walk-in closet, a private ensuite with an oversized shower & serene views overlooking the forest backdrop. Freshly painted throughout, the home offers a bright, clean & move-in-ready feel. The professionally finished legal duplex basement with its own separate walk-up entrance provides outstanding flexibility for extended family or rental potential. Additional highlights include multiple walk-in closets, abundant storage throughout, and a double-car garage. Ideally located with quick access to Highway 401, this home is close to excellent schools, parks, scenic walking trails, community amenities, shopping, Conestoga College, & everything the desirable Doon South neighborhood has to offer.

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$899,900 - 123 FOREST EDGE Trail, Kitchener

Detached for Sale in Kitchener

45 days on market
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13544928
Property Type
Detached
Status
active
Days on Site
45
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

LEGAL DUPLEX! 5 BEDROOMS, 4 BATHROOMS. Welcome to 123 Forest Edge Trail located in the highly sought-after Wyldwoods community of Doon South, where style, space, and versatility come together. This exceptional corner lot 2 storey home features 4+1 spacious bedrooms, 4 bathrooms, a stunning sunroom & a fully finished legal duplex with a separate walk-up entrance, this home is perfect for growing families, multi-generational living, or those seeking valuable rental income. Step inside through the oversized covered porch & discover a bright, open-concept main floor designed for modern living. The beautifully updated kitchen showcases new cabinetry doors, granite countertops, stainless steel appliances, a butcher block island, and ample workspace, making it the perfect gathering place for family and friends. The adjoining dining area flows seamlessly into the inviting living room, creating an ideal space for everyday living and entertaining. One of the home's standout features is the spectacular sunroom, complete with floor-to-ceiling windows, a charming timber-frame design, and peaceful views of the surrounding greenery-an ideal space to relax year-round. Upstairs, you'll find four generously sized bedrooms, all featuring brand-new vinyl flooring. The spacious primary suite offers a walk-in closet, a private ensuite with an oversized shower & serene views overlooking the forest backdrop. Freshly painted throughout, the home offers a bright, clean & move-in-ready feel. The professionally finished legal duplex basement with its own separate walk-up entrance provides outstanding flexibility for extended family or rental potential. Additional highlights include multiple walk-in closets, abundant storage throughout, and a double-car garage. Ideally located with quick access to Highway 401, this home is close to excellent schools, parks, scenic walking trails, community amenities, shopping, Conestoga College, & everything the desirable Doon South neighborhood has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,616.95/mo

Includes CMHC insurance ($25,107)

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5-yr fixed avg.

Principal: $809,910Interest: $550,069
Mortgage Amount$835,017
Total Interest$550,069
Est. Property Tax$637/mo
Total Cost$1,385,086

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

123 FOREST EDGE Trail, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,776

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 $600/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 45 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.

Excellent Flexibility

With 5 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 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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    123 FOREST EDGE Trail, Kitchener | $899,900 | Battaglia Team