$777,000 - 335 Belmont Avenue, Kitchener
Detached for Sale in Kitchener
40 days on market- MLS Number
- X13564746
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- LSG REALTY INC.
Welcome to 335 Belmont Ave West. This is a stunning fully Renovated 4+2 Bedroom Income Property with a Separate Basement Unit. Truly an exceptional opportunity to own a fully renovated home offering all but guaranteed positive cashflow benefits, even in today's market. It features 4 bedrooms and 2 full bathrooms on the main floor, plus a 2-bedroom basement unit with a separate entrance. New Furnace-2022, Water Heater Tank-2022, AC unit-2022, Upgraded Electrical Panel-2023, Appliances-2022/2023 and four total parking spaces including one in the garage, and a private backyard. Even the garage is insulated and fully finished. Located just a 30-second walk to public transit, yes you read that correctly, a main artery bus stop is just 30 seconds away. It is also close to schools, grocery stores, major universities such as University of Waterloo, Wilfrid Laurier University, and Conestoga College and major employers like Google and just minutes away from Kitchener's downtown Tech Core. The property is vacant and ready for immediate possession, allowing investors to set market rents and start generating income right away or giving the ultimate move-in flexibility for end users. This is a turnkey property ideal for any type of investor or direct buyers seeking additional income potential in a prime location. **BONUS** If all of this is not enough we are also offering a brand new 65 inch TV for potential buyers, please see the media video for more details. This property truly has it all!!!!
Estimate your monthly payments for this property
Estimated Payment
$3,986.41/mo
Includes CMHC insurance ($21,678)
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.
335 Belmont Avenue, 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 $706/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 40 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.
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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.
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 $3,238 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.