242 Moorlands Crescent, Kitchener

Price: $789,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13677712

Welcome to 242 Moorlands Crescent! Built in 2016, this beautiful home offers 3 bedrooms, 2.5 bathrooms, and a functional layout in a great neighbourhood. Upon entering, you will find a convenient powder room and main floor laundry, leading into the bright, open concept great room and kitchen, which boasts a built in pantry, center island, and dining room. Upstairs, you will find a spacious primary bedroom complete with a walk in closet and private ensuite, plus two additional bedrooms and a full bath. The unfinished basement offers a generous footprint ready for your future customization. Walk outside to your peaceful backyard backing directly onto green space, located just minutes from Highway 401, walking trails, and everyday amenities. Book your safe and private viewing today!

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$789,000 - 242 Moorlands Crescent, Kitchener

Detached for Sale in Kitchener

Popular Listing
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13677712
Property Type
Detached
Status
active
Days on Site
9
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
LifeStyle International Realty Inc
Description

Welcome to 242 Moorlands Crescent! Built in 2016, this beautiful home offers 3 bedrooms, 2.5 bathrooms, and a functional layout in a great neighbourhood. Upon entering, you will find a convenient powder room and main floor laundry, leading into the bright, open concept great room and kitchen, which boasts a built in pantry, center island, and dining room. Upstairs, you will find a spacious primary bedroom complete with a walk in closet and private ensuite, plus two additional bedrooms and a full bath. The unfinished basement offers a generous footprint ready for your future customization. Walk outside to your peaceful backyard backing directly onto green space, located just minutes from Highway 401, walking trails, and everyday amenities. Book your safe and private viewing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,047.98/mo

Includes CMHC insurance ($22,013)

$
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5%10%50%

5-yr fixed avg.

Principal: $710,100Interest: $482,281
Mortgage Amount$732,113
Total Interest$482,281
Est. Property Tax$559/mo
Total Cost$1,214,394

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

242 Moorlands 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$559
Insurance (est.)-$164
Net Cash Flow+$2,077

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 $526/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.

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 $3,288 (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.

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    242 Moorlands Crescent, Kitchener | $789,000 | Battaglia Team