$645,000 - 96 Markwood Drive, Kitchener
Semi-Detached for Sale in Kitchener
38 days on market- MLS Number
- X13574252
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 38
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome To This Carpet Free Four Level Semi-Detached Backsplit With Finished Living Space On Every Level. Featuring 4 Bedrooms And 2 Full Bathrooms, This Home Offers Exceptional Potential And Is Ideal For First Time Home Buyers, Growing Families, Or Anyone Looking To Update And Customize A Home To Suit Their Needs. The Main Level Features A Bright Formal Living And Dining Room, Complemented By A Functional Eat-In Kitchen. The Finished Recreation Room Provides Additional Living Space, Perfect For Entertaining, Relaxing With Family, Or A Children's Play Area. Freshly Painted Throughout, This Home Sits On An Impressive Approximately 29 X 160 Ft Lot, Offering Endless Possibilities For Gardening Enthusiasts Or Those Looking To Create A Private Backyard Oasis. Located In A Desirable Neighbourhood Close To Schools, Parks, And Public Transit, This Property Offers Generous Living Space, Outstanding Value, And Tremendous Potential. Whether You Choose To Move In And Update Over Time Or Undertake A Renovation Project, This Home Provides An Excellent Chance To Create A Space That Truly Suits Your Lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$3,309.18/mo
Includes CMHC insurance ($17,996)
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.
96 Markwood Drive, 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
Competitive Pricing
At $586/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 38 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.
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 $2,688 (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.