59 Lewis Crescent, Kitchener

Price: $699,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13603608

A hidden gem!!! Welcome to this freehold 2 storey detached home situated on a premium corner lot in a quiet, family friendly neighbourhood. Offering exceptional curb appeal and a rare triple private driveway plus an attached garage with parking for up to 4 vehicles; this home delivers both comfort and convenience. Step inside to an inviting open concept main floor featuring hardwood flooring, a bright living area, and a modern kitchen with separate dining, separate coffee/bar station, complete with granite countertops, stainless steel appliances with gas range and ample cabinetry. Walk out from the dining area to a private deck, perfect for morning coffee, a barbeque treat or evening entertaining with family and friends. The upper level offers 3 spacious bedrooms, a full bathroom with jacuzzi tub and tons of storage space providing plenty of room for a growing family. An open concept finished basement with a gas fireplace and a separate side entrance adds valuable living space-ideal for recreation, work from home, or extended family. This home has two spacious side yards perfect for green thumb, a bonus oversized garden shed, an access to the house from the attached garage and with no rentals on any equipment that provides new owner with savings. Located close to shops, parks, schools, and major highways, this property combines lifestyle, convenience, and long term value in one outstanding package. Don't miss!!!

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$699,000 - 59 Lewis Crescent, Kitchener

Detached for Sale in Kitchener

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13603608
Property Type
Detached
Status
active
Days on Site
30
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Listing Brokerage
CENTURY 21 MILLENNIUM INC.
Description

A hidden gem!!! Welcome to this freehold 2 storey detached home situated on a premium corner lot in a quiet, family friendly neighbourhood. Offering exceptional curb appeal and a rare triple private driveway plus an attached garage with parking for up to 4 vehicles; this home delivers both comfort and convenience. Step inside to an inviting open concept main floor featuring hardwood flooring, a bright living area, and a modern kitchen with separate dining, separate coffee/bar station, complete with granite countertops, stainless steel appliances with gas range and ample cabinetry. Walk out from the dining area to a private deck, perfect for morning coffee, a barbeque treat or evening entertaining with family and friends. The upper level offers 3 spacious bedrooms, a full bathroom with jacuzzi tub and tons of storage space providing plenty of room for a growing family. An open concept finished basement with a gas fireplace and a separate side entrance adds valuable living space-ideal for recreation, work from home, or extended family. This home has two spacious side yards perfect for green thumb, a bonus oversized garden shed, an access to the house from the attached garage and with no rentals on any equipment that provides new owner with savings. Located close to shops, parks, schools, and major highways, this property combines lifestyle, convenience, and long term value in one outstanding package. Don't miss!!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

$
$
5%10%50%

5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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

59 Lewis Crescent, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$2,159

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 $635/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 30 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.

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 $2,913 (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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    59 Lewis Crescent, Kitchener | $699,000 | Battaglia Team