$1,199,900 - 498 Thomas Slee Drive, Kitchener
Detached for Sale in Kitchener
New — Listed 7 days ago- MLS Number
- X13505798
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 8
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 498 Thomas Slee Drive, nestled in the highly sought-after Doon Village community. Situated on an impressive 41 x 115 ft lot, this beautifully maintained detached two-storey home features 8 bedrooms, 5 bathrooms and fully legal duplex basement apartment, making it ideal for growing families, multi-generational living or buyers seeking valuable rental income. From the moment you arrive, you'll appreciate the pride of ownership, attractive curb appeal, and parking for up to 6 vehicles, including a 2-car garage and 4-car driveway. Step inside to a bright foyer with soaring ceilings that create an impressive first impression. The carpet-free main level offers a modern, inviting layout. The spacious kitchen features stainless steel appliances, stylish cabinetry, a beautiful backsplash, ample counter space and a bright breakfast area. Adjacent is a generous dining space, while the inviting living room offers a cozy gas fireplace, pot lights, large windows and beautiful backyard views. A convenient powder room and laundry room completes the main floor. Upstairs, there are 4 spacious bedrooms and 3 full bathrooms. Two primary suites each feature walk-in closets and private ensuite bathrooms, while the remaining two bedrooms share Jack-and-Jill bathroom. A standout feature is the fully finished legal duplex basement apartment, complete with 4 bedrooms, a kitchen, separate laundry and a full bathroom. Perfect as a mortgage helper, in-law suite or space for extended family, this legal apartment adds exceptional value. Step outside to fully fenced backyard featuring a spacious deck and charming gazebo: perfect for summer bbqs, outdoor dining, entertaining, or simply relaxing. Located in the desirable Doon Village neighbourhood, this home is just minutes from Conestoga College, Highway 7/8, Highway 401, excellent schools, parks, public transit and everyday amenities. Don't miss this rare opportunity to own a truly exceptional home. Book your private showing today!
Estimate your monthly payments for this property
Estimated Payment
$5,307.56/mo
5-yr fixed avg.
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.
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
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.
498 Thomas Slee Drive, Kitchener
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $480/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.
Excellent Flexibility
With 8 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.
Bathroom Count Matters
With 5 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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.