50 Midland Drive Unit 6, Kitchener

Price: $535,000

2 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13789872

Welcome to Livingstone Circle, a sought-after 55+ adult lifestyle community in Kitchener's desirable Stanley Park neighbourhood. Rarely offered, these bungalow townhomes are ideal for those looking to enjoy the perfect blend of independence, comfort, and community. Welcome to Unit 6- an immaculately maintained, original-owner bungalow townhome featuring an attached single-car garage and inviting covered front patio.Pride of ownership is evident throughout this beautifully updated home. The bright white kitchen offers quartz countertops, custom cabinetry in the dinette area, and excellent functionality for everyday living and entertaining. A fully enclosed sunroom extends the living space year-round, creating the perfect spot to relax and unwind. Major updates include an owned water softener, Aire-Flo A95 high-efficiency furnace (2019), and rented water heater (2023). The main floor features a spacious primary bedroom with walk-in closet, a second bedroom ideal for guests or a home office, a 4-piece bathroom, and convenient 2-piece powder room, along with the convenience of the main floor hall closet, set up for your stack washer and dryer. finished basement offers additional living space with a cozy gas fireplace, large recreation area, Large laundry room, and 3-piece bathroom, while the unfinished storage/utility area provides excellent potential for future customization. Residents enjoy access to "The Cottage," a community hub featuring a full kitchen, games room with pool table, and regular social events. Plenty of visitor parking is available for family and friends. Conveniently located close to Stanley Park Mall, community centre, churches, walking trails, restaurants, coffee shops, banks, public transit, and quick expressway access. If you're looking for carefree living in a welcoming community, this is the one.

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active

$535,000 - 50 Midland Drive Unit 6, Kitchener

Detached for Sale in Kitchener

2Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
X13789872
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
2
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
ROYAL LEPAGE WOLLE REALTY
Description

Welcome to Livingstone Circle, a sought-after 55+ adult lifestyle community in Kitchener's desirable Stanley Park neighbourhood. Rarely offered, these bungalow townhomes are ideal for those looking to enjoy the perfect blend of independence, comfort, and community. Welcome to Unit 6- an immaculately maintained, original-owner bungalow townhome featuring an attached single-car garage and inviting covered front patio.Pride of ownership is evident throughout this beautifully updated home. The bright white kitchen offers quartz countertops, custom cabinetry in the dinette area, and excellent functionality for everyday living and entertaining. A fully enclosed sunroom extends the living space year-round, creating the perfect spot to relax and unwind. Major updates include an owned water softener, Aire-Flo A95 high-efficiency furnace (2019), and rented water heater (2023). The main floor features a spacious primary bedroom with walk-in closet, a second bedroom ideal for guests or a home office, a 4-piece bathroom, and convenient 2-piece powder room, along with the convenience of the main floor hall closet, set up for your stack washer and dryer. finished basement offers additional living space with a cozy gas fireplace, large recreation area, Large laundry room, and 3-piece bathroom, while the unfinished storage/utility area provides excellent potential for future customization. Residents enjoy access to "The Cottage," a community hub featuring a full kitchen, games room with pool table, and regular social events. Plenty of visitor parking is available for family and friends. Conveniently located close to Stanley Park Mall, community centre, churches, walking trails, restaurants, coffee shops, banks, public transit, and quick expressway access. If you're looking for carefree living in a welcoming community, this is the one.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,744.83/mo

Includes CMHC insurance ($14,927)

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5-yr fixed avg.

Principal: $481,500Interest: $327,022
Mortgage Amount$496,427
Total Interest$327,022
Est. Property Tax$379/mo
Total Cost$823,448

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

50 Midland Drive Unit 6, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$379
Insurance (est.)-$111
Net Cash Flow+$1,910

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 $486/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 21 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.

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.

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 $2,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    50 Midland Drive Unit 6, Kitchener | $535,000 | Battaglia Team