72 Massey Avenue, Kitchener

Price: $599,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13488918

Welcome to 72 Massey Avenue, Kitchener! This well-maintained detached bungalow offersexceptional flexibility for families, investors, and multi-generational living. Situated on agenerous 50' x 116' lot in the established Vanier neighbourhood, the home backs directly ontoRockway Public School greenspace, providing added privacy and no rear neighbours.This carpet-free home features a bright and inviting main level with cathedral-style ceilings,an updated kitchen, spacious living area, two bedrooms, and a full bathroom. The fully finishedlower level offers a separate entrance and a complete in-law suite with a second kitchen, fullbathroom, and three bedrooms, making it ideal for extended family living or potentialmortgage-helper opportunities.Additional highlights include separate laundry facilities on both levels, an owned watersoftener, updated windows (2025), high-efficiency furnace and central air conditioning (2021),and a durable metal roof. The fully fenced backyard features a deck, outdoor entertainingspace, and open green views with no rear neighbours. A private driveway provides parking for upto four vehicles.Conveniently located near Fairview Park Mall, ION LRT, schools, parks, shopping, and majorhighways, this vacant property offers immediate possession and endless possibilities forhomeowners and investors alike. Don't miss this versatile opportunity in one of Kitchener'smost convenient locations.

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$599,000 - 72 Massey Avenue, Kitchener

Detached for Sale in Kitchener

Popular Listing
5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13488918
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Welcome to 72 Massey Avenue, Kitchener! This well-maintained detached bungalow offersexceptional flexibility for families, investors, and multi-generational living. Situated on agenerous 50' x 116' lot in the established Vanier neighbourhood, the home backs directly ontoRockway Public School greenspace, providing added privacy and no rear neighbours.This carpet-free home features a bright and inviting main level with cathedral-style ceilings,an updated kitchen, spacious living area, two bedrooms, and a full bathroom. The fully finishedlower level offers a separate entrance and a complete in-law suite with a second kitchen, fullbathroom, and three bedrooms, making it ideal for extended family living or potentialmortgage-helper opportunities.Additional highlights include separate laundry facilities on both levels, an owned watersoftener, updated windows (2025), high-efficiency furnace and central air conditioning (2021),and a durable metal roof. The fully fenced backyard features a deck, outdoor entertainingspace, and open green views with no rear neighbours. A private driveway provides parking for upto four vehicles.Conveniently located near Fairview Park Mall, ION LRT, schools, parks, shopping, and majorhighways, this vacant property offers immediate possession and endless possibilities forhomeowners and investors alike. Don't miss this versatile opportunity in one of Kitchener'smost convenient locations.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

$
$
5%10%50%

5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

72 Massey Avenue, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$3,051

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

Fair Market Value

At $856/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.

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 5 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.

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 $2,496 (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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    MLS# X13488918 — 72 Massey Avenue | Battaglia Team