257 Ottawa Street, Kitchener

Price: $699,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13696922

Welcome to 257 Ottawa Street N, Kitchener - a beautifully updated detached home offering comfortable living spaces, thoughtful improvements, and a backyard that gives you even more space to relax, entertain, and enjoy being outdoors. The welcoming front porch and picturesque front yard lead into a bright main level featuring luxury laminate flooring, updated light fixtures, fresh paint, and abundant natural light. The updated kitchen offers quartz countertops, stylish backsplash, under-cabinet lighting, updated flooring, dual pantries, and high-end stainless steel appliances installed in 2023. The adjoining dining area is ideal for family meals and entertaining, with a convenient 2-piece powder room nearby. The living room flows seamlessly into the dining area and the comfortable family room. A main-floor bedroom offers flexibility for guests, a home office, or convenient one-level living. Upstairs features three additional bedrooms with built-in closet storage and a updated 4-piece bathroom with glass-enclosed tub. The lower level offers flexible additional space and a 1-piece bathroom with standing shower, ready for the next homeowner to personalize. Outside, the generous backyard features a deck, gazebo, firepit, partially fenced yard, and repaired front and rear rock walls - plenty of space to relax or entertain. The current owners have also completed several practical updates, including: New electronic locks on front & back doors; Front, rear & garage decks stripped and painted; Professional arborist assessment and tree maintenance; Professional plumbing and drain clean-out to the city connection; Furnace venting replaced to bring it up to code; New carpet runner on stairs; New blinds in living room, office & primary bedroom; Front & rear rock walls repaired. A 1-car garage and generous driveway provide ample parking. Conveniently located near public transit, major expressways, shopping, restaurants, schools, and everyday amenities.

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active
New Listing
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$699,900 - 257 Ottawa Street, Kitchener

Detached for Sale in Kitchener

New — Listed 3 days ago
4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13696922
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
UPPERSIDE REAL ESTATE LIMITED
Description

Welcome to 257 Ottawa Street N, Kitchener - a beautifully updated detached home offering comfortable living spaces, thoughtful improvements, and a backyard that gives you even more space to relax, entertain, and enjoy being outdoors. The welcoming front porch and picturesque front yard lead into a bright main level featuring luxury laminate flooring, updated light fixtures, fresh paint, and abundant natural light. The updated kitchen offers quartz countertops, stylish backsplash, under-cabinet lighting, updated flooring, dual pantries, and high-end stainless steel appliances installed in 2023. The adjoining dining area is ideal for family meals and entertaining, with a convenient 2-piece powder room nearby. The living room flows seamlessly into the dining area and the comfortable family room. A main-floor bedroom offers flexibility for guests, a home office, or convenient one-level living. Upstairs features three additional bedrooms with built-in closet storage and a updated 4-piece bathroom with glass-enclosed tub. The lower level offers flexible additional space and a 1-piece bathroom with standing shower, ready for the next homeowner to personalize. Outside, the generous backyard features a deck, gazebo, firepit, partially fenced yard, and repaired front and rear rock walls - plenty of space to relax or entertain. The current owners have also completed several practical updates, including: New electronic locks on front & back doors; Front, rear & garage decks stripped and painted; Professional arborist assessment and tree maintenance; Professional plumbing and drain clean-out to the city connection; Furnace venting replaced to bring it up to code; New carpet runner on stairs; New blinds in living room, office & primary bedroom; Front & rear rock walls repaired. A 1-car garage and generous driveway provide ample parking. Conveniently located near public transit, major expressways, shopping, restaurants, schools, and everyday amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

257 Ottawa Street, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,558

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 $467/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.

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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    257 Ottawa Street, Kitchener | $699,900 | Battaglia Team