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For Sale
Just Listed
Open House Sat 1719

59 Lorne Crescent

Kitchener, ON
$499,000
4Bd
2Ba
1,300+sqft
4Parking
70 x 100 ftlot
$384/sqft
DetachedMLS# X13230688Listed 2026-06-022 DOM
Heating
Water Heater
Cooling
Central Air
Basement
Partially Finished

Just listed! New listings in Kitchener often receive offers within the first week.

About this home

Rarely offered, this bright and inviting 4-bedroom, 2-bathroom home backs onto a park and sits beside a large green space, meaning no direct neighbours behind or immediately beside you. Filled with natural light throughout, the home offers an excellent opportunity for first-time buyers or anyone looking to build equity while enjoying a fantastic location. Many of the major updates have already been completed, including a metal roof (2011), most windows (approx. 2011), siding (approx. 2010), driveway (2021), A/C (2020), and an owned water softener (2025). The spacious backyard feels like an extension of the park itself, creating a private setting that's hard to find at this price point. Inside, the functional layout provides plenty of flexibility, and many homes of this design have been reconfigured to create a more open-concept main floor or convert existing rooms into additional living or dining space. Located close to WRHN @ Queens, schools, shopping, and everyday amenities, this is a loved home with great bones, significant updates, and the potential to make it truly your own.

Rooms

Main Floor
Bathroom2.38 × 1.51 m
Bedroom3.41 × 2.49 m
Dining Room2.37 × 2.38 m
Kitchen2.37 × 2.54 m
Living Room4.45 × 3.38 m
Primary Bedroom3.42 × 3.65 m
Other1.00 × 1.00 m
Second Floor
Bedroom 24.12 × 3.63 m
Bedroom 33.48 × 3.61 m
Basement
Bathroom1.46 × 1.54 m
Other6.78 × 8.97 m
Other2.41 × 1.86 m

Features

  • Water Heater
  • Water Softener
  • Deck
  • Porch
  • Partially Finished
  • Full
  • Central Air
  • 1 1/2 Storey

Financials

Annual Taxes
$3,337

Estimated Rental Income

Entire property$4,000 – $6,500/mo
Basement apartment$1,800 – $2,500/mo
Rental yield9.6% – 15.6%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Kitchener

Days on market2 days
Buyer's MarketSeller's Market

Based on active listings in Kitchener. Data updates daily.

Our estimate for this home

Priced 31.5% below estimate
Estimated range
$674K$783K
Mid-point $728K · ~$560/sqft
How this listing compares
$674KList · $499K$783K
High confidence·Based on 188 kitchener comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$499,000
59 Lorne Crescent, Kitchener
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