489 Strasburg Road, Kitchener

Price: $599,000

3 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: X13655284

Welcome to this beautifully renovated 3-bedroom, 2.5-bathroom semi-detached home in one of Kitchener's sought-after family-friendly neighbourhoods. Freshly painted, pot lights installed and thoughtfully updated, this move-in-ready home offers a bright, functional layout designed for comfortable everyday living. The spacious main floor features generous living and dining areas, making it ideal for both entertaining and family gatherings. Upstairs, you'll find three well-sized bedrooms and ample natural light throughout. A separate side entrance leads to the fully finished basement, complete with a functional kitchen and full bathroom, offering excellent potential for an in-law suite, multigenerational living, or additional living space. Whether you're a first-time home buyer looking for the perfect place to call home or an investor seeking a property with income potential, this home is an outstanding opportunity. Conveniently located close to schools, parks, shopping, public transit, and major highways, this property combines comfort, versatility, and exceptional value. Don't miss your chance to own this fantastic home!

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$599,000 - 489 Strasburg Road, Kitchener

Semi-Detached for Sale in Kitchener

Popular Listing
3Beds
3Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
X13655284
Property Type
Semi-Detached
Status
active
Days on Site
14
Bedrooms
3
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
THE CANADIAN HOME REALTY INC.
Description

Welcome to this beautifully renovated 3-bedroom, 2.5-bathroom semi-detached home in one of Kitchener's sought-after family-friendly neighbourhoods. Freshly painted, pot lights installed and thoughtfully updated, this move-in-ready home offers a bright, functional layout designed for comfortable everyday living. The spacious main floor features generous living and dining areas, making it ideal for both entertaining and family gatherings. Upstairs, you'll find three well-sized bedrooms and ample natural light throughout. A separate side entrance leads to the fully finished basement, complete with a functional kitchen and full bathroom, offering excellent potential for an in-law suite, multigenerational living, or additional living space. Whether you're a first-time home buyer looking for the perfect place to call home or an investor seeking a property with income potential, this home is an outstanding opportunity. Conveniently located close to schools, parks, shopping, public transit, and major highways, this property combines comfort, versatility, and exceptional value. Don't miss your chance to own this fantastic home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

$
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5%10%50%

5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

489 Strasburg 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)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$2,251

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

Fair Market Value

At $856/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    489 Strasburg Road, Kitchener | $599,000 | Battaglia Team