$749,000 - 16 Monterey Road, Kitchener
Detached for Sale in Kitchener
New — Listed 6 days agoWant to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13852260
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kitchener
- Taxes (2026)
- $5,385
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
Fantastic opportunity in Kitchener's sought-after Rosemount Heritage Park community! Welcome to16 Monterey Road, a spacious detached backsplit situated on a premium 55' x 110' lot andfeaturing a private in-ground swimming pool. Offering approximately 1,938 sq. ft. of finishedliving space (1,573 sq. ft. above grade plus approximately 365 sq. ft. in the finished lowerlevel), this home features 3 spacious bedrooms, 1.5 bathrooms and a functional split-levellayout with minimal stairs. Enjoy a large separate family room with fireplace, separate diningroom and dedicated Art Room offering additional space to personalize to your lifestyle. Theupgraded kitchen features quartz countertops, backsplash, upgraded appliances and amplecabinetry, complemented by modern luxury vinyl flooring. The bright lower level offers largewindows providing plenty of natural light, a spacious recreation room with home bar and pooltable, powder room, and patio doors with direct access to the backyard. The basement levelfeatures laundry and a furnace room, along with a large unfinished crawl space under thebedroom area providing additional storage.Step outside to your private backyard oasis featuring an in-ground swimming pool and patio,perfect for summer entertaining and family gatherings. The pool is currently closed for theseason; listing photos and video showcase the pool while open. Additional features include awater softener, side entrance, direct access to the double-car garage, and parking for up to 6vehicles. Conveniently located close to schools, parks, shopping, public transit and majoramenities.Great opportunity to own a spacious detached home with a private pool and premium lot-come seeeverything this home has to offer! As per Seller, the in-ground pool is a concrete chlorinepool, and the pool surface was redone approximately 3 years ago. The pool is equipped with aheater. The furnace was replaced in 2023.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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.
16 Monterey Road, 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 $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.
Just Listed - Act Strategically
This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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.
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.