Kitchener, N2A 3R7
$965,000
Listed by HOMELIFE/MIRACLE REALTY LTD.
Stunning Detached Home with Separate Entrance in Prestigious Kitchener Neighborhood!Built in 1986 by the current owners, this well-maintained, carpet-free home offers approximately 2000 square feet of living space, plus a finished basement with a separate entranceperfect for family living or rental income. The home features generous room sizes, hardwood and parquet flooring, and has been freshly painted in 2024 in a neutral color with new blinds on the main floor. The open-concept kitchen is equipped with stainless steel appliances and connects to a dinette and formal dining room, complete with an expensive chandelier that remains with the home. The main level includes three large bedrooms, a master suite with a walk-in closet and ensuite, a living room, family room, and formal dining. A large powder room on the main floor offers the option to install a full-size stacking washer and dryer, creating a second laundry area for about $2,000.The finished basement, with its separate entrance, includes a bedroom, bathroom, and laundry, making it ideal for conversion into a two-bedroom apartment or in-law/nanny suite. With all the essential features already in place, this conversion is easy and offers excellent income or multi-family potential.The home includes three full bathrooms plus a powder room and sits on a deep, wide lot with plenty of outdoor space, including a garage with automatic openers, a mature pear tree, and a vegetable garden ready for planting in 2025. The roof, replaced in 2017, is in great condition, and while the original eavestroughs and downspouts are still in place, they are well-maintained. A new water softener was installed in July 2024, and the windows are newer as well.Located in the highly sought-after Stanley Park neighborhood, the property is within walking distance of schools, Stanley Park Mall, restaurants, parks, and public transportation. It's just a 5-minute drive to the 401, making it ideal for Toronto commuters.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.