$559,900 - 173 Cedar Street, Kitchener
Detached for Sale in Kitchener
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- MLS Number
- X13841770
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Kitchener
- Taxes (2025)
- $3,365
- Listing Brokerage
- RE/MAX Solid Gold Realty (II) Ltd
Welcome to 173 Cedar Street South, a charming red brick home where original character, thoughtful updates and comfortable everyday living come together beautifully. Gorgeous landscaping, a classic brick exterior and an inviting covered front porch create wonderful curb appeal and the kind of place where you can picture morning coffees, kids coming and going, and conversations with neighbours. Inside, the main floor is warm and welcoming, with an open concept living space centred around a beautiful stone electric fireplace. Large windows bring in plenty of natural light, while new patio doors open directly from the living room to the backyard, creating an easy connection between indoor and outdoor living. The formal dining room adds character with beautiful wood trim and the kitchen was renovated in 2021 and features stainless steel appliances, a gas stove and a functional layout that complements the character of the home. Upstairs, you will find two spacious bedrooms and an updated bathroom featuring a custom shower. Some new windows, blinds and furnace in 2021 have been added. The finished lower level offers even more flexibility with an additional bedroom or home office, a second full bathroom, plenty of storage and a convenient side entrance. Outside, the private backyard offers a beautiful patio with glass railing, room for a hot tub, trampoline, gardens and plenty of space for kids, pets and summer evenings with friends. It is a backyard designed to be used and enjoyed. Important updates have also been completed, including updated electrical and electrical panel, new windows, blinds and patio doors, giving you added peace of mind in an established home. Conveniently located close to trails, parks, schools, transit, Downtown Kitchener and everyday amenities, this is a home that offers more than a list of features. It has warmth, character, good neighbours and the feeling of a place where you can settle in, raise a family and make it your ownfor years to come.
Estimate your monthly payments for this property
Estimated Payment
$2,872.58/mo
Includes CMHC insurance ($15,621)
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.
173 Cedar 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 $800/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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,333 (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.