56 Sprucedale Crescent, Kitchener

Price: $1,049,900

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13742388

ANOTHER QUALITY BUILD BY NEW VILLA GROUP! The "Brayden" features an open concept main floor with imported ceramic and engineered hardwood flooring. Spacious eat in kitchen with a large centre island. Quality custom cabinetry with soft close cabinets and quartz countertops. The second floor does not dissapoint with 4 large bedrooms including the massive primary bedroom complete with a spa inspired 5 piece ensuite with a stand alone soaker tub and a large glass walk in shower. Second floor laundry room. 9 foot ceilings through the main, second and basement levels. 8ft interior doors all come standard. Located in a sought after crescent location close to all amenities this quality home is sure to impress.

56 Sprucedale Crescent - Detached photo 1 of 6 in Kitchener, Ontario
56 Sprucedale Crescent - Detached photo 2 of 6 in Kitchener, Ontario
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$1,049,900 - 56 Sprucedale Crescent, Kitchener

Detached for Sale in Kitchener

34 days on market
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
X13742388
Property Type
Detached
Status
active
Days on Site
34
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

ANOTHER QUALITY BUILD BY NEW VILLA GROUP! The "Brayden" features an open concept main floor with imported ceramic and engineered hardwood flooring. Spacious eat in kitchen with a large centre island. Quality custom cabinetry with soft close cabinets and quartz countertops. The second floor does not dissapoint with 4 large bedrooms including the massive primary bedroom complete with a spa inspired 5 piece ensuite with a stand alone soaker tub and a large glass walk in shower. Second floor laundry room. 9 foot ceilings through the main, second and basement levels. 8ft interior doors all come standard. Located in a sought after crescent location close to all amenities this quality home is sure to impress.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,644.06/mo

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5%20%50%

5-yr fixed avg.

Principal: $839,920Interest: $553,299
Mortgage Amount$839,920
Total Interest$553,299
Est. Property Tax$744/mo
Total Cost$1,393,219

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

56 Sprucedale Crescent, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$744
Insurance (est.)-$219
Net Cash Flow+$2,337

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 $525/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.

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 $4,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    56 Sprucedale Crescent, Kitchener | $1,049,900 | Battaglia Team