39 Shea Crescent, Kitchener

Price: $615,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13519408

Welcome to 39 Shea Crescent! With three bedrooms upstairs and a large basement bedroom with its own separate side entrance, there's plentyof room for a growing family, older kids who want a little extra privacy, or even in law potential down the road. The backyard is private, fullyfenced, and ready for summer BBQs, kids and pets to run around, or simply enjoying your morning coffee in peace. Set in a great neighbourhoodclose to schools, parks, shopping, and all the everyday essentials, this home is perfect for someone looking to get into the market, or anyonelooking to move on from having shared walls, and a detached property of their own to call home. Have peace of mind knowing most major itemshave been updated. Roof (2021), Furnace and AC (2024)

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active
New Listing
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$615,000 - 39 Shea Crescent, Kitchener

Detached for Sale in Kitchener

New — Listed 4 days ago
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13519408
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
ROYAL LEPAGE WOLLE REALTY
Description

Welcome to 39 Shea Crescent! With three bedrooms upstairs and a large basement bedroom with its own separate side entrance, there's plentyof room for a growing family, older kids who want a little extra privacy, or even in law potential down the road. The backyard is private, fullyfenced, and ready for summer BBQs, kids and pets to run around, or simply enjoying your morning coffee in peace. Set in a great neighbourhoodclose to schools, parks, shopping, and all the everyday essentials, this home is perfect for someone looking to get into the market, or anyonelooking to move on from having shared walls, and a detached property of their own to call home. Have peace of mind knowing most major itemshave been updated. Roof (2021), Furnace and AC (2024)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,155.27/mo

Includes CMHC insurance ($17,159)

$
$
5%10%50%

5-yr fixed avg.

Principal: $553,500Interest: $375,922
Mortgage Amount$570,659
Total Interest$375,922
Est. Property Tax$436/mo
Total Cost$946,581

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

39 Shea Crescent, 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)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$436
Insurance (est.)-$128
Net Cash Flow+$2,636

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

Fair Market Value

At $879/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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 $2,563 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    39 Shea Crescent, Kitchener | $615,000 | Battaglia Team