311 Misty Crescent, Kitchener

Price: $675,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13702482

Welcome to this move-in ready fantastic home located in Kitchener's Grand River North neighbourhood! This well-maintained family home is ready for you to move in, relax and enjoy. The exterior boasts an upgraded doublewide concrete driveway and a front deck perfect for a cozy bistro set; a terrific spot to unwind after a hard days work. Inside, the main level features a convenient powder room with ceramic flooring, hallway with pot lighting, laminate throughout and direct entry to garage. The open concept kitchen was designed for functionality with a large island, featuring quartz countertops, ample cabinetry, stylish backsplash, lazy susan, and all stainless steel appliances. Natural lighting plus pot lights fill the living room, and the dining area connects seamlessly to the backyard through the sliding doors. Upstairs offers 3 generous size bedrooms all with laminate flooring and ceiling fans. The main bathroom vanity is new, and the washer and dryer on the upper level is a bonus! Step outside to a deep, fully fenced yard, huge covered deck featuring privacy panels, pergolas, shades, built in bar, storage shed, gas line for barbeque and a bonus on-ground pool for the kids to enjoy. Family friendly quiet location just steps to the Grand River trails, parks, schools, shopping and Expressway: This is the one!

311 Misty Crescent - Detached photo 1 of 3 in Kitchener, Ontario
311 Misty Crescent - Detached photo 2 of 3 in Kitchener, Ontario
311 Misty Crescent - Detached photo 3 of 3 in Kitchener, Ontario
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$675,000 - 311 Misty Crescent, Kitchener

Detached for Sale in Kitchener

New — Listed 2 days ago
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13702482
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX ICON REALTY
Description

Welcome to this move-in ready fantastic home located in Kitchener's Grand River North neighbourhood! This well-maintained family home is ready for you to move in, relax and enjoy. The exterior boasts an upgraded doublewide concrete driveway and a front deck perfect for a cozy bistro set; a terrific spot to unwind after a hard days work. Inside, the main level features a convenient powder room with ceramic flooring, hallway with pot lighting, laminate throughout and direct entry to garage. The open concept kitchen was designed for functionality with a large island, featuring quartz countertops, ample cabinetry, stylish backsplash, lazy susan, and all stainless steel appliances. Natural lighting plus pot lights fill the living room, and the dining area connects seamlessly to the backyard through the sliding doors. Upstairs offers 3 generous size bedrooms all with laminate flooring and ceiling fans. The main bathroom vanity is new, and the washer and dryer on the upper level is a bonus! Step outside to a deep, fully fenced yard, huge covered deck featuring privacy panels, pergolas, shades, built in bar, storage shed, gas line for barbeque and a bonus on-ground pool for the kids to enjoy. Family friendly quiet location just steps to the Grand River trails, parks, schools, shopping and Expressway: This is the one!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,463.10/mo

Includes CMHC insurance ($18,833)

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5-yr fixed avg.

Principal: $607,500Interest: $412,597
Mortgage Amount$626,333
Total Interest$412,597
Est. Property Tax$478/mo
Total Cost$1,038,930

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

311 Misty 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)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$478
Insurance (est.)-$141
Net Cash Flow+$2,181

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 $614/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.

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 $2,813 (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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    311 Misty Crescent, Kitchener | $675,000 | Battaglia Team