45 Pandora Avenue, Kitchener

Price: $389,900

4 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13506768

Finding a detached home approaching 2,500 sq. ft. in Kitchener at this price point is incredibly rare. Located in Kitchener's sought-after East Ward, this spacious home is packed with potential for investors, renovators, contractors, or anyone looking to build upon a vision. While the home is in need of significant renovation, the opportunity is undeniable: large principal rooms, four bedrooms on the second floor, a walk-up attic with even more potential, and duplex zoning that could offer exciting possibilities for future rental income or multi-generational living. The location is just as impressive. Enjoy easy walking distance to schools, parks, the Kitchener Memorial Auditorium, shopping, restaurants, public transit, and the ION LRT, with quick access to Downtown Kitchener and major commuter routes. This isn't a move-in-ready home it's a chance to create something special. Whether you're looking for your next renovation project, an investment property, or a home you can transform into your own, opportunities to purchase a detached home of this size in this location at this price point are few and far between. Bring your vision, unlock the potential, and imagine what's possible at 45 Pandora Avenue N in Kitchener.

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active
New Listing
1/20

$389,900 - 45 Pandora Avenue, Kitchener

Detached for Sale in Kitchener

New — Listed 7 days ago
4Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13506768
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
4
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
EXP REALTY
Description

Finding a detached home approaching 2,500 sq. ft. in Kitchener at this price point is incredibly rare. Located in Kitchener's sought-after East Ward, this spacious home is packed with potential for investors, renovators, contractors, or anyone looking to build upon a vision. While the home is in need of significant renovation, the opportunity is undeniable: large principal rooms, four bedrooms on the second floor, a walk-up attic with even more potential, and duplex zoning that could offer exciting possibilities for future rental income or multi-generational living. The location is just as impressive. Enjoy easy walking distance to schools, parks, the Kitchener Memorial Auditorium, shopping, restaurants, public transit, and the ION LRT, with quick access to Downtown Kitchener and major commuter routes. This isn't a move-in-ready home it's a chance to create something special. Whether you're looking for your next renovation project, an investment property, or a home you can transform into your own, opportunities to purchase a detached home of this size in this location at this price point are few and far between. Bring your vision, unlock the potential, and imagine what's possible at 45 Pandora Avenue N in Kitchener.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,000.39/mo

Includes CMHC insurance ($10,878)

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5-yr fixed avg.

Principal: $350,910Interest: $238,329
Mortgage Amount$361,788
Total Interest$238,329
Est. Property Tax$276/mo
Total Cost$600,117

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

45 Pandora Avenue, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
9.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$2,943

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 $195/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.

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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    45 Pandora Avenue, Kitchener | $389,900 | Battaglia Team