HN
2705 KINGSWAY Drive 36, Kitchener, ON N2C 2T2, Kitchener, ON
+7 photos
$550,000

2705 KINGSWAY Drive 36, Kitchener, ON N2C 2T2, Kitchener, ON

Kitchener, ON N2C 2T2
2 beds 2 baths Att/Row/Townhouse

About this home

Welcome to Trinity Village Terrace, a well-maintained 1,184 sq. ft. life lease townhome located in an independent living community for adults 55 and older. The entire terrace community is thoughtfully designed to be wheelchair accessible, featuring wide doorways and hallways and an accessible kitchen for ease of mobility and everyday comfort. This well-designed home offers 2 bedrooms and 2 bathrooms, and includes an attached one-car garage for added convenience. The open-concept living and dining area features engineered hardwood flooring and is filled with natural light from large windows, with a walkout from the living room to the private deck and backyard, ideal for relaxing or entertaining. Both bedrooms are generously sized and feature double closets, with the primary bedroom offering a private 4-piece ensuite. Main-level laundry adds everyday convenience. The professionally finished basement adds approximately 1,115 sq. ft. of additional living space, perfect for family visits or hobbies, and includes ample storage, carpet throughout, and a 3-piece bathroom with a standing shower. Recent updates include a new furnace and air conditioning system installed within the past month. Ideally located just 2 minutes from Fairview Park and 5 minutes from Fairway Station, with pharmacies, grocery stores, and shopping nearby, this home offers a perfect blend of comfort, functionality, and accessibility.

Property Score

57/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
75/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
75/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
74% of city avggreat
Priced below Kitchener's average of $745,000.
Appreciation Trend
+1.7%/yrgreat
Kitchener has seen +1.7% YoY price change.
Monthly Cash Flow
-$1,764/mopoor
Estimated -$1,764/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
1.76%poor
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X12752950
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.