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Listed 3 months ago

3 PARKLAND Crescent

, Kitchener

$699,900

Detached|Bungalow-Raised
3 | 2 | 3
About this home

Welcome to 3 Parkland Crescent, a beautifully maintained raised bungalow offering comfortable living space, a functional layout, and a private backyard retreat. This inviting home features 3 bedrooms, 2 bathrooms, and plenty of room for families, hobbyists, or those seeking flexible living space. The bright main floor showcases a spacious living and dining area filled with natural light, complete with a walkout to the rear balcony overlooking the backyard. The functional kitchen offers warm wood cabinetry, a tiled backsplash, a double sink with views of the yard, and ample cabinetry and workspace for everyday living. Down the hall, you'll find three bedrooms, including the primary bedroom, along with a shared 4-piece bathroom. The finished lower level provides excellent flexibility with a large recreation room featuring a walkout to the backyard patio, a kitchenette with sink and wood cabinetry, a laundry area, a 3-piece bathroom, and an additional room currently utilized as a workshop, complete with two closets. Additional storage space throughout the lower level adds to the home's practicality. Step outside to enjoy the fully fenced and meticulously maintained backyard, complete with a storage shed and plenty of space for gardening, entertaining, or relaxing. Parking is convenient with a driveway accommodating two vehicles plus an additional space in the garage. The garage is currently configured as a workshop, making it ideal for hobbyists, craftspeople, or additional storage needs. Located in a desirable neighbourhood close to parks, schools, amenities, and commuter routes, this well-cared-for home offers exceptional value and versatility for its next owners.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$4,057
Lot Size31.42 ft x 111.39 ft
mls© NumberX13427668
Listed ByRE/MAX TWIN CITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,582
Property tax
$338
Heat allowance
$150
Housing costs
$4,070 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,980
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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