250 Parkvale Drive, Kitchener

Price: $549,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: X13864810

Welcome to 250 Parkvale Drive, a three bedroom townhouse in Kitchener's Huron South community, presented in like new condition. Freshly painted and carpet free, with beautiful light oak style flooring throughout, this home is bright, clean, and ready for you to move in.The open concept main floor connects the living room, dining area, and kitchen, making everyday living and hosting easy. Step outside to a wooden deck and a deep, fully fenced backyard in exceptional condition, a rare find in townhouse living.Huron South is in south Kitchener, minutes from Jean Steckle Public School, Huron Heights Secondary School, RBJ Schlegel Park, and the trails of Huron Natural Area. Sunrise Centre shopping, Conestoga College, and Highways 401 and 7/8 are a short drive away.Book your showing today.

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active
New Listing

$549,000 - 250 Parkvale Drive, Kitchener

Townhouse for Sale in Kitchener

New — Listed 2 days ago
3Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse

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Property Details
MLS Number
X13864810
Property Type
Townhouse
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Taxes (2025)
$3,826
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Welcome to 250 Parkvale Drive, a three bedroom townhouse in Kitchener's Huron South community, presented in like new condition. Freshly painted and carpet free, with beautiful light oak style flooring throughout, this home is bright, clean, and ready for you to move in.The open concept main floor connects the living room, dining area, and kitchen, making everyday living and hosting easy. Step outside to a wooden deck and a deep, fully fenced backyard in exceptional condition, a rare find in townhouse living.Huron South is in south Kitchener, minutes from Jean Steckle Public School, Huron Heights Secondary School, RBJ Schlegel Park, and the trails of Huron Natural Area. Sunrise Centre shopping, Conestoga College, and Highways 401 and 7/8 are a short drive away.Book your showing today.

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

250 Parkvale Drive, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$2,047

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 $499/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Kitchener have shown strong appreciation as families seek more space.

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.

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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    250 Parkvale Drive, Kitchener | $549,000 | Battaglia Team