$550,000 - 4 Cheltenham Mews, Kitchener
Townhouse for Sale in Kitchener
38 days on market- MLS Number
- X13573166
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 38
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 4 Cheltenham Mews! Located in the Victoria Commons community, this unit is move-in ready and has many note-worthy upgrades. Step inside - the front entrance is bright thanks to the inset glass that offers extra light. The custom maple coat rack and bench are a welcome addition to this space, as is the convenient entrance to the garage. This unit is carpet-free except for new carpet on the stairs leading to the second and third levels. The kitchen/dining/living space has 9 foot ceilings and hardwood flooring. The kitchen features quartz counters, stainless fridge, gas stove and dishwasher, and plenty of storage in the custom pantry and island. There is a walkout to the deck. The living room features an electric fireplace (wall-mounted TV included). There is a 2-pc powder room on this level. Upstairs there is a convenient laundry closet. The upper level has newly upgraded luxury vinyl flooring in the hallway and both bedrooms. There is lots of storage space with large closets in both bedrooms. The primary bedroom features a 3-pc ensuite. The 4-pc main bath and ensuite both have ceramic flooring. This unit has a single garage and at the end of it there is a bonus room that has space for utilities and also a rough-in for another bathroom. This could be a great space for an office, workout space, storage, or possibly even another bedroom. Very reasonable condo fee of $230 per month. The location is amazing - close to the ION LRT, Kitchener GO station, Tannery District, Google, quick drive to highway 7/8, great amenities close by (shopping, restaurants), and Breithaupt Park and Community Centre. Don't delay - book a showing today!!
Estimate your monthly payments for this property
Estimated Payment
$2,821.79/mo
Includes CMHC insurance ($15,345)
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.
4 Cheltenham Mews, Kitchener
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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 $786/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 38 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.
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.
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.
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 $2,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.