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New24 hours ago

127 Gay Crescent

, Kitchener

$685,000

Detached|Sidesplit 4
3 | 2 | 4
About this home

Framed by a dreamy, tree-lined street on a large lot, this completely reimagined mid-century four-level side-split is where you will want to call home. From the double-wide interlock driveway to the 2019 steel roof, every inch of this solid brick home is move-in ready and was built to stand the test of time. The covered front porch draws you into a bright foyer with direct garage access. Just off the foyer, the cozy family room anchors the main level, ready for warm winter nights spent in front of the crackling wood-burning fireplace enhanced by the sparkling granite field-stone wall. The sliding doors open to a large deck, offering seamless indoor-outdoor living under the gazebo while the kids explore their very own treehouse, all in a large green backyard. The upper levels are stunning with refinished hardwood floors, 5" baseboards, professionally painted walls, and oversized, sun-drenched vinyl windows. The custom solid-wood kitchen offers open shelving, undermount lighting, clever lazy Susans, and a breakfast peninsula. The fully renovated main bathroom has exceptional storage, double sinks and a deep soaking tub. The lower rec room features durable luxury vinyl plank flooring and bright lookout windows. From here, you have access to an absolutely massive crawl space to house all your sporting gear and seasonal decor. There is also a renovated three-piece bathroom, a dedicated fridge room, and a generous laundry room. If you are searching for a property that delivers a private, mature-tree setting, your search ends here. This is the kind of home where you comfortably plant deep roots. (8' wooden fence w/ a gate will be installed on the North side of the yard) Best of all, the location lets you leave the car behind as it is walkable to schools and amenities. This sought-after Stanley Park area is famous for the Lyle Hallman Pool, its active community center, forested walking trails, shops, restaurants, and has close access to the expressway.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleSidesplit 4
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$4,591
Lot Size53 ft x 125.45 ft
mls© NumberX14091078
Listed ByRE/MAX Solid Gold Realty (II) Ltd

Listing History

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  • 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%
$3,506
Property tax
$383
Heat allowance
$150
Housing costs
$4,039 / mo

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

Down payment20% · $137,000
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,883 / mo
Cash down
$137,000

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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