$565,000 - 228 Kingswood Drive Unit 3, Kitchener
Condo for Sale in Kitchener
35 days on marketWant to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13735094
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Kitchener
- Taxes (2026)
- $3,501
- Maintenance Fees
- $792/mo
- Locker
- None
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE ESTATE REALTY
Situated at the quiet end of a subdivision with a double-tiered private deck backing onto dense forest, this fully updated multi-level corner home combines nature views with modern refinements. The open-concept living and dining area features oversized windows framed by mature woodland vistas. A renovated European-inspired eat-in kitchen includes updated granite countertops and custom cabinetry (2022). Pot lighting throughout (2022). The upper level features two large bedrooms and two full baths, including a primary bedroom with a walk-in closet, a fully renovated ensuite (2026), and a dedicated den with forest views convertible to a third bedroom. A finished basement offers a large recreation room, dedicated laundry room with sink, and deep storage. Exterior upgrades include a new roof and eavestroughs (2025) plus windows replacements (2026). Complete with an attached garage and drive parking.Condo fees cover water, lawn maintenance, snow removal (walkway to the front door), roof, windows, exterior doors, garage door and building insurance.
Estimate your monthly payments for this property
Estimated Payment
$2,898.74/mo
Includes CMHC insurance ($15,764)
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.
228 Kingswood Drive Unit 3, Kitchener
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $471/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.
Market Position
At 35 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $792/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 $2,354 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.