19 Greendale Crescent, Kitchener

Price: $549,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13117978

Welcome to 19 Greendale Crescent, a home that offers that rare combination of "move-in ready" and "future potential" in a quiet pocket of Kitchener. Located just a short hop from the Expressway and retail hub of Fairway Road, this bungalow manages to feel secluded while staying connected to everything you need. The approach is clean and functional, with a carport and driveway offering parking for three. Freshly redone gardens frame the entrance, leading you into a home that has seen significant updates where they matter most. Inside, the main floor feels bright and cohesive thanks to updated flooring (2024). As you enter, you'll notice the spacious living room anchored by a large picture window, flooding the space with natural light. Down the hall, you'll find three bedrooms tucked away for privacy, alongside your 4 piece bathroom. The heart of the floor is the dedicated dining area and kitchen, which was smartly updated in 2023 with a new countertop, sink, faucet, and refreshed cabinets. The stairs down to the basement reveal the true versatility of this bungalow, opening into a massive rec room anchored by a cozy corner fireplace. This level is a significant draw; with a functional kitchenette, second full bath, and a separate den already in place, the groundwork for a self-contained in-law suite or mortgage helper is already done. The backyard is designed for ease of use rather than endless maintenance, offering a functional stone patio for seating, a large shed for storage, and newly updated garden beds. Major mechanical updates provide the kind of peace of mind often missing in this price point, with a new furnace and A/C from 2024 alongside a newer roof and windows. Whether you are looking to break into the market with a potential mortgage helper or adding a turn-key asset to your portfolio, this bungalow delivers exactly what today's market demands: flexibility and reliability.

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$549,000 - 19 Greendale Crescent, Kitchener

Detached for Sale in Kitchener

56 days on market
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13117978
Property Type
Detached
Status
active
Days on Site
56
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
FLUX REALTY
Description

Welcome to 19 Greendale Crescent, a home that offers that rare combination of "move-in ready" and "future potential" in a quiet pocket of Kitchener. Located just a short hop from the Expressway and retail hub of Fairway Road, this bungalow manages to feel secluded while staying connected to everything you need. The approach is clean and functional, with a carport and driveway offering parking for three. Freshly redone gardens frame the entrance, leading you into a home that has seen significant updates where they matter most. Inside, the main floor feels bright and cohesive thanks to updated flooring (2024). As you enter, you'll notice the spacious living room anchored by a large picture window, flooding the space with natural light. Down the hall, you'll find three bedrooms tucked away for privacy, alongside your 4 piece bathroom. The heart of the floor is the dedicated dining area and kitchen, which was smartly updated in 2023 with a new countertop, sink, faucet, and refreshed cabinets. The stairs down to the basement reveal the true versatility of this bungalow, opening into a massive rec room anchored by a cozy corner fireplace. This level is a significant draw; with a functional kitchenette, second full bath, and a separate den already in place, the groundwork for a self-contained in-law suite or mortgage helper is already done. The backyard is designed for ease of use rather than endless maintenance, offering a functional stone patio for seating, a large shed for storage, and newly updated garden beds. Major mechanical updates provide the kind of peace of mind often missing in this price point, with a new furnace and A/C from 2024 alongside a newer roof and windows. Whether you are looking to break into the market with a potential mortgage helper or adding a turn-key asset to your portfolio, this bungalow delivers exactly what today's market demands: flexibility and reliability.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,816.65/mo

Includes CMHC insurance ($15,317)

$
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5%10%50%

5-yr fixed avg.

Principal: $494,100Interest: $335,579
Mortgage Amount$509,417
Total Interest$335,579
Est. Property Tax$389/mo
Total Cost$844,996

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

19 Greendale Crescent, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$2,297

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 $784/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.

Negotiation Opportunity

At 56 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    19 Greendale Crescent, Kitchener | $549,000 | Battaglia Team