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5 - 487 EAST Avenue

5 - 487 EAST Avenue

Kitchener, Ontario

3 bed • 2 bath • Single Family

$587,000

Welcome to this stunning newer end-unit townhome located in the highly sought-after East Ward community. Rarely offered and perfectly situated, this bright and modern home is just steps from the Kitchener Auditorium, parks, shopping, downtown amenities, LRT access, major highways, and more. Step inside to discover a sun-filled open-concept layout featuring spacious rooms, stylish finishes, abundant storage, and large windows throughout that flood the home with natural light. The contemporary kitchen is designed for both everyday living and entertaining, complete with stainless steel appliances, a breakfast peninsula with seating for two, elegant modern lighting, and a walkout to the private rear patio. Working from home is effortless with generously sized bedrooms offering multiple windows, large closets, and flexible living space. Enjoy your morning coffee on the charming covered front balcony or unwind in the privacy of your rear patio retreat. This east-facing home enjoys plenty of sunshine in every room and offers several thoughtful upgrades including a newly installed furnace (2025), AC (2022), new refrigerator, dishwasher, and gas stove (2022), along with gas connections for both the stove and BBQ on the patio. Located in an excellent family-friendly neighbourhood, the home is within 1 km of the highly reputed International Baccalaureate (IB) World School Cameron Heights Collegiate Institute, close to great elementary public schools, and offers quick access to Hwy 7 and Hwy 401. Conveniently located just a 5-minute walk to Sheppard Public School, Knollwood Park, and the Kitchener Auditorium, this home is the perfect blend of comfort, convenience, and modern living in one of Kitchener’s most desirable locations.

Price History

Schools

Elementary

  • Sheppard Public School0.4 km

    Public · Waterloo Region DSB · 365 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 60% met the provincial standard

  • St Anne Catholic Elementary School0.7 km

    Catholic · Waterloo CDSB · 750 students

    Grade 3 reading: 68% met the provincial standard · Grade 6 math: 45% met the provincial standard

  • Smithson Public School1.2 km

    Public · Waterloo Region DSB · 270 students

    Grade 3 reading: 64% met the provincial standard · Grade 6 math: 57% met the provincial standard

Secondary

  • Eastwood Collegiate Institute0.8 km

    Public · Waterloo Region DSB · 1270 students

    Grade 10 literacy: 84% met the provincial standard

  • Cameron Heights Collegiate Institute1.1 km

    Public · Waterloo Region DSB · 1765 students

    Grade 10 literacy: 90% met the provincial standard

  • Rosemount - U Turn School2.1 km

    Public · Waterloo Region DSB

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N2H

Population
22,456
Private dwellings
11,453
Median age
38.4
Average household size
2.1
Median household income
$73,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,928
Median days on market
20
Sale-to-list price
101.0%

Based on 1,928 recorded sales of single family properties in Kitchener over the last 12 months.

Location

Mortgage Calculator

$117,400

Estimated Monthly Payment

$2,884

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,884/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $147/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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