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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14107608For SaleCondo Townhouse

25-121 Morgan Ave

Kitchener, Ontario N2A 2M4

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25-121 Morgan Ave, Kitchener, photo 1
Asking$449,900
Bedrooms
3
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$409at the range’s middle
Tax a year
$2,3882025 tax year
Built
31-50
Parking
21 attached
Days on market
Members

The brief

About 25-121 Morgan Ave

25-121 Morgan Ave is a 3-bedroom, 2-bathroom condo townhouse in Kitchener, listed for sale at an asking price of $449,900 (MLS® X14107608).

MOVE-IN READY, BEAUTIFULLY UPDATED & AN EXCEPTIONAL VALUE! Welcome to 25-121 Morgan Avenue, the perfect place to call home! Whether you're a first-time buyer, a growing family, or simply looking for a comfortable, low-maintenance lifestyle, this beautifully refreshed 3-bedroom, 2-bathroom townhome checks all the boxes! Step inside and discover a warm, inviting home that's been thoughtfully updated and is ready for you to move right in. The spacious primary bedroom offers the luxury of two closets, including a walk-in, while the convenience of main-floor laundry makes everyday living a breeze. The walkout basement leads to your own private, fully fenced backyard with a deck-an ideal space for summer barbecues, outdoor entertaining, or simply relaxing at the end of the day. LOCATION, LOCATION, LOCATION! Situated in a convenient, family-friendly neighbourhood, you'll love being just minutes from Howard Robertson Elementary School, with public transit, shopping, parks, and everyday amenities all close at hand. Even better, this home is part of a well-managed condominium community with lower than most monthly fees, offering excellent value and peace of mind. Freshly updated, move-in ready, and perfectly located, this is an incredible opportunity to get into the market and start making memories in a home of your own! Don't miss it!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$257/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 16 condos with 3 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,388 / 2025
MLS® number
X14107608
Board
TRREB MLS®
Property Type
Condo Townhouse
Building Age
31-50
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Attached, 2 Parking
Listing brokerage: RE/MAX TWIN CITY REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
3-Storey
Municipality
Kitchener

Building

Size
1000-1199 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc 2nd, 1 × 2pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Garage Type
Attached
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
None
Heating Type
Baseboard

Additional

Roof
Asphalt Shingle
Fireplace
No
Den
No
Family room
No
Extras
Fridge, stove, washer, dryer, microwave, window coverings, garage door opener
Condo maint.
$405

Rooms

RoomSizeFeaturesLevel
Breakfast1.53 × 2.26 m—Main
Dining2.55 × 2.97 m—Main
Kitchen3.49 × 3.11 m—Main
Living3.51 × 4.92 m—Main
Bathroom2.39 × 1.51 m4 Pc Bath2nd
Primary3.23 × 3.96 m—2nd
2nd Br2.99 × 2.23 m—2nd
3rd Br4.03 × 2.99 m—2nd
Bathroom1.81 × 0.74 m2 Pc BathBsmt
Rec3.61 × 4.92 m—Bsmt
Utility1.83 × 0.74 m—Bsmt

Listing history

Buy/sell history for 25-121 Morgan Ave, Kitchener, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$449,900N/AFor SaleX14107608

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $89,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$89,980
Total mortgage amount
$359,920
Total interest payment
$255,980
Total purchase cost
$705,880
Mortgage payment
$2,053/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

30%

Monthly carrying cost

$2,657
−$257per month
  • Rent $2,400
  • Shortfall $257

Rental income opens at $2,400, the median asking rent of 16 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$5,473
Total land transfer tax
$5,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$1,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $449,900
$998
Ontario total
$5,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

16 records · 10 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m3 water-supply wells recorded within 250 mGroundwater recorded about 8.7 m below ground nearbyBedrock about 64.3 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas2 open development applications within 250 mNearest airport: 4.1 kmNearest rail line: 140 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • 3 water-supply wells recorded within 250 m2 of them were drilled for domestic use; 16 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 10.1 m.250 m
  • Groundwater recorded about 8.7 m below ground nearbyThe middle water level in the well records within 500 m (99 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 64.3 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity3

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 2 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 4.1 km4.1 km

Province of Ontario open data · Municipal development applications

Around the home2

  • Nearest rail line: 140 m140 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is KUNTZ ELECTROPLATING INC., 2.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Enova Power Corp.At the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kitchener. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in Kitchener right now

For sale now
115
Median asking price
$475K

Middle half: $410K to $530K

New in 7 days
10

45 in 28 days

Price cuts
23%

27 listings

This home is asking 5% below the median.

See all homes in Kitchener

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
FairwayGRT light rail: ION light rail1.2 km
Block LineGRT light rail: ION light rail2.7 km
MillGRT light rail: ION light rail3.9 km
BordenGRT light rail: ION light rail3.9 km
Kitchener MarketGRT light rail: ION light rail4.7 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Howard Robertson Public SchoolWaterloo Region DSBPublic · grades JK–6100 m67%Grade 6 average
St Aloysius Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–81.2 km63%Grade 6 average
Wilson Avenue Public SchoolWaterloo Region DSBPublic · grades JK–61.9 km71%Grade 6 average
ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–64.9 km61%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–121.3 km70%Grade 9 math
Eastwood Collegiate InstituteWaterloo Region DSBPublic · grades 9–122.7 km42%Grade 9 math
Notre Dame Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–122.9 km—
Grand River Collegiate InstituteWaterloo Region DSBPublic · grades 9–123.2 km58%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Kitchener are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record