$724,900 - 160 Gray Street, Kitchener
Detached for Sale in Kitchener
Popular Listing- MLS Number
- X13483276
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 160 Gray Street, Kitchener: A Beautifully Renovated Raised Bungalow nestled in the highly sought-after Lackner Woods community. This exceptional bungalow is Situated on a generous 49 x 148 ft. lot ideal for first-time home buyers, multi-generational families or savvy investors. Pull into this well-maintained home, offering the excellent curb appeal and parking for 4 vehicles (2 car garage, 2 on the driveway. Step inside the inviting foyer that leads to a stunning, freshly painted main level filled with natural light. The spacious living room features a Wall of windows, creating a warm and airy atmosphere. The beautifully renovated kitchen in 2026 features Quartz countertops, contemporary cabinetry, elegant backsplash and stainless steel appliances, including a new refrigerator, dishwasher and range. Adjacent is a spacious dining area where memorable gatherings naturally come together. The main floor offers 3 generously sized bedrooms with updated flooring and newly installed pot lights throughout. The primary bedroom complete with a walk-in closet and its own 3pc ensuite. 2 additional bedrooms with shared full bathroom, completes the main level. The fully finished basement adds incredible value, making it ideal for an in-law suite or potential mortgage helper. This level delivers exceptional flexibility featuring a large Rec room with fireplace (Owners never used it), a bedroom, 3pc bathroom, Kitchenet area, laundry and abundant storage space. Step outside to the fully fenced backyard featuring a spacious deck that is ideal for summer bbq's, Hosting parties or simply relaxing. It's a wonderful extension of the home's living space. Location is ideal as it is surrounded by excellent amenities including top-rated schools, parks, trails, shopping, Highway 7,8 and 401 and just minutes from Chicopee Ski & Summer Resort. Don't miss this incredible opportunity to own a stunning property, Book your private showing today and make this your Forever home!
Estimate your monthly payments for this property
Estimated Payment
$3,719.11/mo
Includes CMHC insurance ($20,225)
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.
160 Gray Street, 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 $659/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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.
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 $3,020 (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.