415 Morgan Avenue Unit 15, Kitchener

Price: $410,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13756306

Experience modern comfort in this meticulously maintained 2-story townhouse located at 15-415 Morgan Avenue, nestled within the serene and highly desirable Chicopee Foothills community. This 3-bedroom, 1.5-bathroom residence offers an exceptional living experience within a well-kept condo neighbourhood. As you arrive, you are welcomed by an upgraded porch that leads into a bright and inviting interior. The main floor features an expansive living area bathed in natural light through a stunning oversized window. The updated kitchen boasts elegant quartz countertops and a seamless transition through sliding doors to your private, fully fenced backyard. This outdoor retreat is perfect for relaxing or entertaining, while the property also provides the rare convenience of carport parking for two vehicles. Upstairs, you will find three spacious and sunlit bedrooms, each offering a peaceful escape with modern finishes. The large, open basement provides a versatile canvas, ready to be transformed into a home gym, media room, or additional storage space to suit your needs. Beyond the home itself, the location is unbeatable for commuters and outdoor enthusiasts alike. You are in close proximity to the 401 and Highway 7/8, as well as the Chicopee Ski Hill for winter fun. Daily conveniences are just minutes away at Chicopee Plaza and Fairview Park Mall, along with a variety of fantastic restaurants, top-rated schools, lush parks, and local hospitals. This property perfectly balances suburban tranquillity with urban accessibility. Don't miss your chance to join this vibrant Kitchener community.

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active
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$410,000 - 415 Morgan Avenue Unit 15, Kitchener

Condo for Sale in Kitchener

3Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
X13756306
Property Type
Condo
Status
active
Days on Site
29
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Taxes (2025)
$2,320
Maintenance Fees
$514/mo
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Experience modern comfort in this meticulously maintained 2-story townhouse located at 15-415 Morgan Avenue, nestled within the serene and highly desirable Chicopee Foothills community. This 3-bedroom, 1.5-bathroom residence offers an exceptional living experience within a well-kept condo neighbourhood. As you arrive, you are welcomed by an upgraded porch that leads into a bright and inviting interior. The main floor features an expansive living area bathed in natural light through a stunning oversized window. The updated kitchen boasts elegant quartz countertops and a seamless transition through sliding doors to your private, fully fenced backyard. This outdoor retreat is perfect for relaxing or entertaining, while the property also provides the rare convenience of carport parking for two vehicles. Upstairs, you will find three spacious and sunlit bedrooms, each offering a peaceful escape with modern finishes. The large, open basement provides a versatile canvas, ready to be transformed into a home gym, media room, or additional storage space to suit your needs. Beyond the home itself, the location is unbeatable for commuters and outdoor enthusiasts alike. You are in close proximity to the 401 and Highway 7/8, as well as the Chicopee Ski Hill for winter fun. Daily conveniences are just minutes away at Chicopee Plaza and Fairview Park Mall, along with a variety of fantastic restaurants, top-rated schools, lush parks, and local hospitals. This property perfectly balances suburban tranquillity with urban accessibility. Don't miss your chance to join this vibrant Kitchener community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,103.51/mo

Includes CMHC insurance ($11,439)

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5-yr fixed avg.

Principal: $369,000Interest: $250,615
Mortgage Amount$380,439
Total Interest$250,615
Est. Property Tax$290/mo
Total Cost$631,054

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

415 Morgan Avenue Unit 15, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$514
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$1,871

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 $410/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 29 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $514/month fees should cover building insurance, common elements, and reserve contributions.

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.

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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    415 Morgan Avenue Unit 15, Kitchener | $410,000 | Battaglia Team