40 Perth Road, Kitchener

Price: $529,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13847422

Welcome to 40 Perth Road, a charming and pristine 1 1/2-storey home with 1,080 sq. ft. of renovated living space, a large private yard, and all of the important updates already completed. This move-in-ready home is an ideal fit for first-time buyers, young families, or anyone looking for a manageable home with room to grow. Step inside to an inviting main floor where large windows fill the living room with natural light, and warm-toned flooring creates a welcoming feel. The kitchen offers a classic white subway-tile backsplash set against stylish navy blue cabinetry and an abundance of natural light. Across the hall, a versatile additional room may serve as a third bedroom, home office, or dedicated dining room depending on your needs. Also on the main level is a beautifully updated 4-piece bathroom, along with a spacious laundry and mudroom with its own sink and convenient access to the backyard. Upstairs, you'll find two generously sized bedrooms tucked beneath the home's charming sloped rooflines, each with large windows and plenty of natural light. Downstairs, the clean and spacious basement provides excellent storage and additional possibilities for a workshop, home gym, or hobby space. Set on a large, mature lot, the expansive backyard offers plenty of room for kids and pets to play, summer entertaining, gardening, or simply relaxing beneath the surrounding mature trees. An 8'x 12' storage shed adds useful outdoor storage, while the private driveway accommodates up to four vehicles. All of this is conveniently located near St. Mary's General Hospital, schools, parks, shopping, everyday amenities, public transit, and quick expressway access. Major updates include furnace (2025), A/C (2021), roof (2018), Washer & Dryer 2022, plumbing, painting, windows and electrical. 40 Perth Road is all ready for you-just unpack and make it yours.

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active
New Listing

$529,000 - 40 Perth Road, Kitchener

Detached for Sale in Kitchener

New — Listed 6 days ago
3Beds
1Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
X13847422
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Taxes (2026)
$2,770
Listing Brokerage
FLUX REALTY
Description

Welcome to 40 Perth Road, a charming and pristine 1 1/2-storey home with 1,080 sq. ft. of renovated living space, a large private yard, and all of the important updates already completed. This move-in-ready home is an ideal fit for first-time buyers, young families, or anyone looking for a manageable home with room to grow. Step inside to an inviting main floor where large windows fill the living room with natural light, and warm-toned flooring creates a welcoming feel. The kitchen offers a classic white subway-tile backsplash set against stylish navy blue cabinetry and an abundance of natural light. Across the hall, a versatile additional room may serve as a third bedroom, home office, or dedicated dining room depending on your needs. Also on the main level is a beautifully updated 4-piece bathroom, along with a spacious laundry and mudroom with its own sink and convenient access to the backyard. Upstairs, you'll find two generously sized bedrooms tucked beneath the home's charming sloped rooflines, each with large windows and plenty of natural light. Downstairs, the clean and spacious basement provides excellent storage and additional possibilities for a workshop, home gym, or hobby space. Set on a large, mature lot, the expansive backyard offers plenty of room for kids and pets to play, summer entertaining, gardening, or simply relaxing beneath the surrounding mature trees. An 8'x 12' storage shed adds useful outdoor storage, while the private driveway accommodates up to four vehicles. All of this is conveniently located near St. Mary's General Hospital, schools, parks, shopping, everyday amenities, public transit, and quick expressway access. Major updates include furnace (2025), A/C (2021), roof (2018), Washer & Dryer 2022, plumbing, painting, windows and electrical. 40 Perth Road is all ready for you-just unpack and make it yours.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,714.04/mo

Includes CMHC insurance ($14,759)

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5-yr fixed avg.

Principal: $476,100Interest: $323,354
Mortgage Amount$490,859
Total Interest$323,354
Est. Property Tax$375/mo
Total Cost$814,213

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

40 Perth Road, 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)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$2,315

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 $756/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.

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.

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 $2,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    40 Perth Road, Kitchener | $529,000 | Battaglia Team