$699,000
Kitchener
120 MONARCH WOODS Drive, Kitchener, Ontario, N2P2N7
This 3-bedroom, 3-bathroom home in Kitchener is for sale offering roughly 1,640 sq ft of space. Listed at $699,000, it is attractively priced about 7% below the $749,900 median asking price in Kitchener. It has been on the market 9 days, fresher than the Kitchener average of 53 days.
Looking for space, a good location and a home you can move right into? 120 Monarch Woods Drive is a freehold townhome with no condo fees, in Doon, a family neighbourhood in Kitchener that buyers keep coming back to. You’re only a few minutes from the 401, which makes commuting to Cambridge, Guelph or the GTA a lot easier, and everyday errands, shopping and Conestoga College’s Doon campus are a short drive away. Inside, there’s 1,640 sq. ft. of living space, and it feels even bigger thanks to the open layout and the light coming in from every side. The home has been nicely finished throughout, so there’s no project list waiting for you when you get the keys. Just unpack and settle in. The kitchen is the heart of the main floor. Its large island gives you room to cook, serve and sit, and it’s where everyone ends up gathering, whether it’s a quick breakfast before school or a long dinner with friends. The kitchen opens onto the dining area and living room, so whoever’s at the stove is never cut off from the rest of the house. The living room is a comfortable place to unwind at the end of the day, with big windows that keep it bright from morning to evening. When the weather’s nice, walk out to the deck and the backyard. The yard is fully fenced, which means kids and pets can play safely while you barbecue, garden or just sit outside with a coffee. With two separate walkouts, moving between inside and out is easy, whether you’re hosting a summer get-together or just letting the dog out on a busy morning. Upstairs are 3 bedrooms, giving everyone their own space, and the home has 2.5 bathrooms in total. It’s a layout that works for a young family, a couple who wants a home office or guest room, or anyone who needs a little more room than a condo can give. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 9 days on market, against an average age of 53 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Kitchener has been listed for 9 days, which is 44 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 6.4× the local median household income of $110,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2P)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.