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Listed 26 days ago

176 Avalon Place

, Kitchener

$548,000

Detached|1 1/2 Storey
3 | 2 | 7
About this home

Unlimited opportunity awaits! It may be your first home, future dream home, investment property for two 31-ft detached custom homes or a multiplex. This upgraded & renovated home sits on a quiet cul-de-sac with a huge front yard, no sidewalk or hydro pole, plus a large driveway with parking for up to 6 cars. The garage provides additional parking & storage space. The main floor offers a great layout with a bright living room, picture window & no house directly in front, open-concept dining area, space for a breakfast bar, and a modern kitchen featuring numerous maple cabinets, gas stove, granite countertops, backsplash, double sink, stainless steel appliances & walkout to the backyard. The main-floor primary bedroom features a walk-in closet & ensuite washroom, offering privacy and convenience-also ideal for a senior family member. A second full washroom adds extra comfort. Upstairs features 2 spacious bedrooms with a short staircase, giving kids their own comfortable space. The basement offers a huge recreation room, perfect for hosting large gatherings, a spacious laundry room with room for natural clothes drying, plus a large storage room. Enjoy summer BBQs on the huge patio overlooking a large fenced backyard with plenty of space for family & guests. Public transit is less than a 10-minute walk, with easy access to the expressway and a public school within walking distance. Lovely Concordia Park is approx. a 5-minute walk away-perfect for hiking, enjoying nature, or morning & evening walks. Banks, hospital, Tim Hortons, McDonald's, Walmart, restaurants, grocery stores, daycares, gas stations, community centre, library, places of worship & ethnic markets are all nearby. More than just a home-style, functionality, affordability & future potential come together here. Book your showing today!

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BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,768
Lot Size62.16 ft x 103.81 ft
mls© NumberX13816382
Listed ByHOMELIFE/MIRACLE REALTY LTD

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%
$2,805
Property tax
$314
Heat allowance
$150
Housing costs
$3,269 / mo

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

Down payment20% · $109,600
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,306 / mo
Cash down
$109,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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