7 Locust Street, Kitchener

Price: $399,000

2 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13840522

7 Locust presents a wonderful opportunity to own a lovely freehold home in the vibrant Central Frederick neighbourhood where you'll be close to parks, shopping, transit and the Go Train. The home beckons you with its classic curb appeal and once inside, you'll find a spacious main floor that is bright and welcoming. With oak hardwood flooring and a good sized dining room that is open to the kitchen, you'll be surprised at how comfortable the home feels. Upstairs the 2 bedrooms also have oak hardwood flooring. This is a fantastic location where you can walk to Frederick Mall, the library, and the shops and restaurants in downtown Kitchener. As an added bonus, you can enjoy being part of the Central Frederick Neighbourhood Association.

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active

$399,000 - 7 Locust Street, Kitchener

Detached for Sale in Kitchener

Popular Listing
2Beds
1Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
X13840522
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
2
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kitchener
Taxes (2026)
$3,866
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

7 Locust presents a wonderful opportunity to own a lovely freehold home in the vibrant Central Frederick neighbourhood where you'll be close to parks, shopping, transit and the Go Train. The home beckons you with its classic curb appeal and once inside, you'll find a spacious main floor that is bright and welcoming. With oak hardwood flooring and a good sized dining room that is open to the kitchen, you'll be surprised at how comfortable the home feels. Upstairs the 2 bedrooms also have oak hardwood flooring. This is a fantastic location where you can walk to Frederick Mall, the library, and the shops and restaurants in downtown Kitchener. As an added bonus, you can enjoy being part of the Central Frederick Neighbourhood Association.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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

7 Locust Street, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,034

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 $363/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.

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.

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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    7 Locust Street, Kitchener | $399,000 | Battaglia Team