7-121 Morgan Ave
Kitchener, Ontario N2A 2M4
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $376at the range’s middle
- Tax a year
- $2,5102025 tax year
- Built
- 31-50
- Parking
- 21 attached
- Days on market
- Members
The brief
About 7-121 Morgan Ave
7-121 Morgan Ave is a 3-bedroom, 2-bathroom condo townhouse in Kitchener, listed for sale at an asking price of $489,000 (MLS® X13853572).
Rare end-unit opportunity at 121 Morgan Ave, Unit 7! This pristine, carpet-free 3-bedroom, 2-bathroom townhome delivers exceptional value and complete mechanical peace of mind. The heavy lifting is already done: enjoy a brand-new roof installed August 2026, plus a state-of-the-art multi-zone heat pump system (June 2026 by Delta Air Systems) offering whisper-quiet, ultra-efficient heating and cooling-complete with a transferable 12-year parts warranty.The bright main level features an open-concept living and dining area with a cozy gas fireplace, flowing seamlessly out to a private, tree-canopied deck-your personal summer oasis. The eat-in kitchen shines with stainless steel appliances, crisp tile backsplash, and oversized picture windows.Upstairs, retreat to a spa-inspired 4-piece bath with quartz counters and a deep soaker tub, flanked by three generous bedrooms. Both the primary and second bedrooms feature walk-in closets, while the third includes a built-in Murphy bed-ideal for a dedicated home office or guest suite.Downstairs, the sprawling finished basement adds massive flexible space for a home theater, rec room, or gym, along with a renovated 2-piece powder room, 2025 water softener, and direct interior garage entry.Unbeatable location and low carrying costs: walk across the street to Howard Robertson PS, or head around the corner to Chicopee Ski & Summer Resort for year-round skiing, tubing, and biking. Minutes to Hwy 8/401, Fairway LRT, and CF Fairview Park Mall. Low condo fees conveniently INCLUDE water! Move-in ready, low-maintenance living at its absolute finest-ideal for first-time buyers and downsizers alike!
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall44/100−$445/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
- $2,510 / 2025
- MLS® number
- X13853572
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 31-50
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Municipality
- Kitchener
Building
- Size
- 1200-1399 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc Bsmt, 1 × 4pc 2nd
- Basement Type
- Full
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Wall Unit
- Heating Type
- Heat Pump
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Dishwasher, Washer, Dryer, Microwave, All Elfs, GDO and Remote, Gas BBQ Line, Water Softener
- Condo maint.
- $405
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.98 × 4.3 m | Vinyl Floor, Stainless Steel Appl, Backsplash | Main |
| Dining | 1.71 × 2.9 m | Laminate, Open Concept | Main |
| Living | 3.6 × 4.9 m | Gas Fireplace, Laminate, W/O To Deck | Main |
| Primary | 3.08 × 4.96 m | Laminate, W/I Closet, Large Window | 2nd |
| 2nd Br | 2.77 × 3.93 m | Laminate, W/I Closet, Large Window | 2nd |
| 3rd Br | 2.32 × 2.9 m | Laminate, Murphy Bed, Large Window | 2nd |
| Bathroom | 0.25 × 2.17 m | 4 Pc Bath, Renovated, Soaker | 2nd |
| Rec | 3.38 × 4.79 m | Laminate, Open Concept, Gas Fireplace | Bsmt |
| Bathroom | 0.73 × 1.83 m | 2 Pc Bath | Bsmt |
Listing history
Buy/sell history for 7-121 Morgan Ave, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $489,000 | N/A | For Sale | X13853572 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $97,800
- Total mortgage amount
- $391,200
- Total interest payment
- $278,100
- Total purchase cost
- $767,100
- Mortgage payment
- $2,231/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
36%Monthly carrying cost
$2,845- Rent $2,400
- Shortfall $445
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
- $6,255
- Total land transfer tax
- $6,255
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,255
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 $489,000
- $1,780
- Ontario total
- $6,255
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.
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; 18 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: 4.2 km4.2 km
Province of Ontario open data · Municipal development applications
Around the home2
- Nearest rail line: 150 m150 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 (20 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
- New in 7 days
- 10
- Price cuts
- 23%
Middle half: $410K to $530K
45 in 28 days
27 listings
This home is asking 3% above the median.
See all homes in KitchenerAsking 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
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Fairway | GRT light rail: ION light rail | 1.2 km |
| Block Line | GRT light rail: ION light rail | 2.7 km |
| Mill | GRT light rail: ION light rail | 3.9 km |
| Borden | GRT light rail: ION light rail | 3.9 km |
| Kitchener Market | GRT light rail: ION light rail | 4.7 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Howard Robertson Public SchoolWaterloo Region DSB | Public · grades JK–6 | 100 m | 67%Grade 6 average |
| St Aloysius Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.2 km | 63%Grade 6 average |
| Wilson Avenue Public SchoolWaterloo Region DSB | Public · grades JK–6 | 1.9 km | 71%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.9 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 1.3 km | 70%Grade 9 math |
| Eastwood Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 2.7 km | 42%Grade 9 math |
| Notre Dame Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 2.9 km | — |
| Grand River Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 3.2 km | 58%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
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