$584,900 - 61 Balfour Crescent, Kitchener
Semi-Detached for Sale in Kitchener
33 days on market- MLS Number
- X13589296
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 33
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
Welcome to this FULLY UPDATED, PROFESSIONALLY PAINTED FREEHOLD semi-detached home offering 6 bedrooms (3+3), 2.5 baths, and over 1,550 sq ft of total finished living space in the sought-after Fairview & Kingsdale neighbourhood. An elegant main floor greets you with a living room flooded with natural light. The heart of the home is a BRIGHT, MODERN EAT-IN KITCHEN with crisp white cabinetry, sleek dark countertops, matte black fixtures, and a spacious dining area framed by feature wainscoting, a space made for family dinners and entertaining alike. Upstairs offers three comfortable bedrooms and a refreshed 4pc bathroom. The FULLY FINISHED BASEMENT adds serious value: THREE ADDITIONAL BEDROOMS, a FULL 3PC BATHROOM plus a 2PC BATHROOM, and tiled flooring throughout, ideal for a large family, multi-generational living, or work-from-home space. Step outside to a LARGE COVERED DECK WITH GAZEBO overlooking a deep, fully fenced backyard with garden beds, fire pit, and mature shade trees. Private driveway with parking for multiple vehicles. Positioned within the MTSA (Major Transit Station Area) and known for its transit-supportive walkability, this home is steps from Fairview Park Mall, the ION LRT hub, Highway 401, schools, and parks. A turn-key home in a location poised for growth. Book your showing today.
Estimate your monthly payments for this property
Estimated Payment
$3,000.84/mo
Includes CMHC insurance ($16,319)
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.
61 Balfour Crescent, 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
Fair Market Value
At $836/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 33 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.
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.