420 Pioneer Drive Unit 3, Kitchener

Price: $449,000

4 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13581626

Welcome to the heart of Doon Village in Kitchener-Waterloo! This beautifully updated townhouse blends modern design with functionality. Featuring a walk-out terrace on the main floor, it's the perfect space for morning coffee or entertaining guests. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a warm and inviting atmosphere. With 3spacious bedrooms and 2 contemporary bathrooms, its ideal for families or anyone needing extra space. The finished lower level with a walk-out to the carport offers flexible living great as a rec room, home office, or guest suite. upgrades include a new A/C unit.Located in a charming neighborhood close to local shops, parks, and schools, and just minutes from college and university campuses, making it a great option for investors as well. A perfect balance of comfort, style, and location!

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$449,000 - 420 Pioneer Drive Unit 3, Kitchener

Condo for Sale in Kitchener

36 days on market
4Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13581626
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
4
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
South
Balcony
Terrace
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to the heart of Doon Village in Kitchener-Waterloo! This beautifully updated townhouse blends modern design with functionality. Featuring a walk-out terrace on the main floor, it's the perfect space for morning coffee or entertaining guests. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a warm and inviting atmosphere. With 3spacious bedrooms and 2 contemporary bathrooms, its ideal for families or anyone needing extra space. The finished lower level with a walk-out to the carport offers flexible living great as a rec room, home office, or guest suite. upgrades include a new A/C unit.Located in a charming neighborhood close to local shops, parks, and schools, and just minutes from college and university campuses, making it a great option for investors as well. A perfect balance of comfort, style, and location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,303.60/mo

Includes CMHC insurance ($12,527)

$
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5-yr fixed avg.

Principal: $404,100Interest: $274,454
Mortgage Amount$416,627
Total Interest$274,454
Est. Property Tax$318/mo
Total Cost$691,081

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

420 Pioneer Drive Unit 3, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$318
Insurance (est.)-$94
Net Cash Flow+$2,098

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 $449/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 36 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. We'll want to verify the monthly fees and what they include.

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.

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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    MLS# X13581626 — 420 Pioneer Drive Unit 3 | Battaglia Team