$749,900 - 154 Appalachian Crescent, Kitchener
Multi-Family for Sale in Kitchener
44 days on market- MLS Number
- X13551744
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 44
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
Welcome to 154 Appalachian Crescent, a beautifully updated legal duplex tucked away on a quiet crescent and backing onto mature green space. Offering exceptional flexibility for homeowners and investors alike, this property is ideal for multi-generational living, generating rental income, or adding a turnkey investment to your portfolio. The upper level features a bright, open-concept layout with modern finishes throughout. The stylish kitchen is designed for everyday living and entertaining, complete with a large centre island, ample cabinetry, and seamless sightlines into the spacious living and dining areas. Large windows fill the home with natural light while showcasing peaceful views of the trees beyond. Three well-sized bedrooms and an updated bathroom complete the main floor. The fully self-contained lower-level suite offers its own private entrance and is finished with contemporary flooring, pot lights, a modern kitchen with quartz countertops and a tiled backsplash, an inviting living area, two spacious bedrooms, a versatile den that's perfect for a home office, and an updated bathroom. Whether used as a mortgage helper or private space for extended family, this legal suite provides outstanding versatility. Step outside to your own backyard retreat. Backing directly onto a treed park with no rear neighbours, the private yard features a beautiful inground pool, creating the perfect setting for relaxing summer days, entertaining friends and family, or enjoying the peaceful natural surroundings. Parking is never an issue with an extra-wide driveway, deep carport, and space for up to five vehicles. Conveniently located just minutes from Highway 7/8, shopping, restaurants, schools, McLennan Park, walking trails, and everyday amenities, this is a rare opportunity to own a move-in-ready legal duplex in one of Kitchener's most convenient neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,847.38/mo
Includes CMHC insurance ($20,922)
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.
154 Appalachian Crescent, 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 $682/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 44 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.
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.
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 $3,125 (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.