$599,900 - 209 Franklin Street, Kitchener
Detached for Sale in Kitchener
43 days on marketWant to see this home in person?
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- MLS Number
- X13709140
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Kitchener
- Taxes (2025)
- $3,582
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
There's something special about a home that has been cared for over the years-and still leaves room for you to make it your own. Welcome to 209 Franklin Street S., a solid brick 1,032 sq.ft. bungalow on a generous 52' x 132' lot in Kitchener's established Fairview/Kingsdale neighbourhood. Step inside and you'll find a bright, comfortable home with the character of a classic bungalow. A large front window fills the living room with natural light, while crown moulding and an easy-flowing one-level layout create a welcoming place to call home. The bedrooms feature hardwood flooring, and the spacious kitchen offers abundant cabinetry and workspace, with potential to refresh or reimagine to suit your style. Downstairs, the full basement with a separate entrance extends the possibilities. With approximately 438 sq. ft. of finished lower-level space, plus unfinished space, laundry and storage, there is flexibility for recreation, hobbies, extended family or future improvements. Outside may be where this property truly surprises you. The deep backyard offers mature trees, a large lawn, patio, fencing and storage shed-room for barbecues, gardens, kids or pets to play, or simply a quiet place to relax. A private driveway provides parking for up to four vehicles. And then there's the location. Shopping, schools, parks and public transit are nearby, with convenient connections to Fairway Road, Fairway Station and the ION LRT, Highway 7/8 and the broader Kitchener-Waterloo area. Whether you're a first-time buyer looking for a home to grow into, a right-sizer who appreciates bungalow living, or someone who sees the potential in a solid home on a mature lot, 209 Franklin Street S. offers something increasingly difficult to find: good bones, genuine outdoor space, an established neighbourhood and the freedom to make it uniquely yours. Come see the possibilities-and imagine what the next chapter could look like here.
Estimate your monthly payments for this property
Estimated Payment
$3,077.80/mo
Includes CMHC insurance ($16,737)
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.
209 Franklin 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
Fair Market Value
At $857/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 43 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.
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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.