$750,000 - 218 Forestwood Drive, Kitchener
Detached for Sale in Kitchener
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- MLS Number
- X13823618
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Taxes (2026)
- $4,124
- Listing Brokerage
- The Realty Firm Inc.
Beautifully Renovated Home with Private Granny Suite & Exceptional Outdoor Space Welcome to this beautifully updated and versatile home, offering a wonderful combination of renovated living spaces, flexible bedroom options, a private lower-level granny suite, and an exceptional backyard retreat. The main floor features a renovated kitchen with granite countertops, rich cherry cabinetry, and a premium Thermador chef stove. A three-way fireplace creates a warm and inviting focal point for the main living area. The updated bathroom includes a new tub and surround and a bidet, while convenient main-floor laundry adds to the home's functionality. The spacious primary bedroom offers plenty of room to relax and could potentially be converted back to three separate bedrooms, providing flexibility for a growing family or changing needs. The lower level features a separate potential granny flat with its own private entrances and key, making it ideal for extended family, guests, or additional living accommodations. The suite includes a renovated bathroom, separate laundry, and a gas fireplace, creating a comfortable and inviting space with excellent versatility. Outside, enjoy your own private backyard oasis. The new hot tub and updated wrap-around deck and fence provide the perfect setting for relaxing or entertaining, while the mature pond and established landscaping create a peaceful and very private atmosphere. The property also features a recently paved double driveway, completed in 2025, providing generous parking and excellent curb appeal. A rare opportunity to own a home offering extensive updates, flexible living arrangements, a separate potential granny suite, multiple fireplaces, convenient laundry facilities, and a beautifully private outdoor retreat.
Estimate your monthly payments for this property
Estimated Payment
$3,847.89/mo
Includes CMHC insurance ($20,925)
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.
218 Forestwood Drive, 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 $682/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.
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 $3,125 (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.