$507,900 - 525 Erinbrook Drive Unit B047, Kitchener
Condo for Sale in Kitchener
34 days on marketWant to see this home in person?
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- MLS Number
- X13741600
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Kitchener
- Maintenance Fees
- $279/mo
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 HERITAGE HOUSE LTD
BRAND NEW & MOVE-IN READY! Welcome to the Renee model at The Erinbrook Towns, built by Activa - a bright and beautifully finished 3-bedroom corner-unit stacked townhome offering 1,430 sq. ft. of modern, low-maintenance living. With a fresh, light colour palette and expansive windows that bring an abundance of natural light into the home, the entire space feels bright, airy and inviting. A thoughtfully designed layout offers the style of a new build with the space and functionality to suit families, couples and professionals alike. The contemporary kitchen features crisp white cabinetry, quartz countertops, a large island with breakfast bar and a full stainless steel kitchen appliance package, plus a stackable washer and dryer. The open-concept main level flows naturally between the kitchen, dining and living areas, with plenty of space for a dining table and a spacious living room - a comfortable place to unwind at the end of the day. Sliding glass doors lead to a private covered balcony, creating an inviting extension of the living space for relaxing outdoors. Upstairs, 9' ceilings continue the bright and airy feel, with a spacious primary bedroom, two additional bedrooms, a 5-piece main bath and convenient upper-level laundry. Enjoy all the benefits of a brand-new, ENERGY STAR certified home combined with the convenience of an established, fully developed neighbourhood - no waiting for the community around you to take shape. Ideally located just off Westmount Rd and Fischer-Hallman Rd, you're surrounded by everyday amenities, including shopping, restaurants, grocery stores, schools, parks, transit and services, with quick access to Hwy 7/8. Bell Internet is included in the monthly condo fees, and one dedicated parking space is included. Several images have been virtually staged. The builder is currently advertising an effective price after available HST rebates. Rebates are subject to purchaser eligibility and assignment of applicable rebates to the builder.
Estimate your monthly payments for this property
Estimated Payment
$2,605.79/mo
Includes CMHC insurance ($14,170)
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.
525 Erinbrook Drive Unit B047, 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 $363/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 34 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. The $279/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 $2,116 (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.