55 Green Valley Drive Unit 815, Kitchener

Price: $374,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13767448

Thinking about downsizing, but not ready to give up your space? Unit 815 at 55 Green Valley Drive offers over 1,200 sq. ft. of bright, comfortable living with room to truly settle in. This spacious 2-bedroom, 2-bathroom suite features generous living and dining areas, in-suite laundry and plenty of flexibility for guests, hobbies or a home office. Enjoy mature treed views and fantastic building amenities including an indoor pool, sauna, fitness room and party room. Close to trails, shopping, everyday essentials and Highway 401. Less maintenance doesn't have to mean less living.

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active

$374,900 - 55 Green Valley Drive Unit 815, Kitchener

Condo for Sale in Kitchener

2Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
X13767448
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Taxes (2025)
$2,591
Maintenance Fees
$633/mo
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
Bosley Real Estate Ltd.
Description

Thinking about downsizing, but not ready to give up your space? Unit 815 at 55 Green Valley Drive offers over 1,200 sq. ft. of bright, comfortable living with room to truly settle in. This spacious 2-bedroom, 2-bathroom suite features generous living and dining areas, in-suite laundry and plenty of flexibility for guests, hobbies or a home office. Enjoy mature treed views and fantastic building amenities including an indoor pool, sauna, fitness room and party room. Close to trails, shopping, everyday essentials and Highway 401. Less maintenance doesn't have to mean less living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,923.43/mo

Includes CMHC insurance ($10,460)

$
$
5%10%50%

5-yr fixed avg.

Principal: $337,410Interest: $229,160
Mortgage Amount$347,870
Total Interest$229,160
Est. Property Tax$266/mo
Total Cost$577,029

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

55 Green Valley Drive Unit 815, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$633
Property Tax (est.)-$266
Insurance (est.)-$78
Net Cash Flow+$1,383

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 $375/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 27 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 $633/month fees should cover building insurance, common elements, and reserve contributions.

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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    55 Green Valley Drive Unit 815, Kitchener | $374,900 | Battaglia Team