657 Benninger Drive, Kitchener

Price: $949,900

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13540268

Welcome to this gorgeous house! Nestled in an upscale community where you would love to spend time with your family. A perfect balanced home between nature and city with lots of green space and trails around. Entire main floor is carpet free with separate living & dinning area. Fully upgraded kitchen has lots of cabinetry space with Over-sized Island and breakfast bar. Main floor also provides access to beautiful deck. 9' ceiling throughout the main floor. 2nd Floor offers additional large family room with 13' ceiling and access to beautiful balcony. 2nd-floor offers primary bedroom with en-suite and 2 additional good-sized bedrooms. Fixtures are upgraded throughout the house. This property also offers fully finished walkout (9' ceiling) basement with a large Rec-room for your endless entertainment, home office or gym with upgraded bathroom. Modern Contemporary elevation makes this house look Stunning. Concrete pathway provides easy and confrontable access to walkout basement. High-rated schools, amenities and highway access are closed by. Do not miss it!!

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$949,900 - 657 Benninger Drive, Kitchener

Detached for Sale in Kitchener

46 days on market
3Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13540268
Property Type
Detached
Status
active
Days on Site
46
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kitchener
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Welcome to this gorgeous house! Nestled in an upscale community where you would love to spend time with your family. A perfect balanced home between nature and city with lots of green space and trails around. Entire main floor is carpet free with separate living & dinning area. Fully upgraded kitchen has lots of cabinetry space with Over-sized Island and breakfast bar. Main floor also provides access to beautiful deck. 9' ceiling throughout the main floor. 2nd Floor offers additional large family room with 13' ceiling and access to beautiful balcony. 2nd-floor offers primary bedroom with en-suite and 2 additional good-sized bedrooms. Fixtures are upgraded throughout the house. This property also offers fully finished walkout (9' ceiling) basement with a large Rec-room for your endless entertainment, home office or gym with upgraded bathroom. Modern Contemporary elevation makes this house look Stunning. Concrete pathway provides easy and confrontable access to walkout basement. High-rated schools, amenities and highway access are closed by. Do not miss it!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,873.48/mo

Includes CMHC insurance ($26,502)

$
$
5%10%50%

5-yr fixed avg.

Principal: $854,910Interest: $580,632
Mortgage Amount$881,412
Total Interest$580,632
Est. Property Tax$673/mo
Total Cost$1,462,044

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

657 Benninger Drive, 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)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$673
Insurance (est.)-$198
Net Cash Flow+$1,929

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 $633/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.

Negotiation Opportunity

At 46 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Bathroom Count Matters

With 4 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 $3,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    657 Benninger Drive, Kitchener | $949,900 | Battaglia Team