$539,900

$544,900For salePrice drop↓ $5,000 (1%)

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124 AVALON Place, Kitchener - Single Family for Sale

124 AVALON Place, Kitchener, Ontario, N2M4N7

3 beds2 baths parking

90 Brookfield Crescent, Kitchener, Ontario, N2E0A7

3 bd2 ba2 pk1,300 ft²Lot size 18 × 98 ft (1,781 sq ft)

Listed by RE/MAX ICON REALTY

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$930K

90 AUTUMN RIDGE Trail, Kitchener, Ontario, N2P2K1

3 bd3 ba4 pk2,487 ft²

Listed by Re/Max Twin City Realty Inc.

58 HICKORY HEIGHTS Crescent, Kitchener, Ontario, N2N1H4

For saleJust listed

Today

$550K

58 HICKORY HEIGHTS Crescent, Kitchener, Ontario, N2N1H4

3 bd1 ba2 pk1,407 ft²

Listed by Right At Home Realty

For saleJust listed

Today

$550K

90 BROOKFIELD Crescent, Kitchener, Ontario, N2E0A7

3 bd2 ba2 pk1,310 ft²

Listed by Re/Max Icon Realty

Investment analysis

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$539,900

Kitchener

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Overview

This 3-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,400 sq ft of space. Listed at $539,900, it is attractively priced about 28% below the $745,000 median asking price in Kitchener. It has been on the market 46 days, fresher than the Kitchener average of 54 days.

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Property Details

MLS®: 40865222
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,400 ft²
Frontage: 29 ft
Year Built: 1959
Storeys: 2
Style: Other
Basement: Finished, Full
Heating: Hot water radiator heat, Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Ownership: Freehold
Property Tax: $2,952.59/yr
Listed: 46 days ago

Rooms

Basement

Storage: 5'10'' x 11'
Cold room: 3'4'' x 6'8''
3pc Bathroom: 4' x 9'4''
Storage: 7'9'' x 8'10''
Family room: 11'7'' x 13'0''
Laundry room: 5' x 5'6''

Second level

Bedroom: 8'4'' x 10'8''
Bedroom: 10'0'' x 10'9''
Primary Bedroom: 8'2'' x 13'6''
4pc Bathroom: 6'7'' x 5'

Main level

Kitchen/Dining room: 11' x 17'7''
Living room: 13'8'' x 14'2''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Gas stove(s), Window Coverings
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Southern exposure, Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Kitchener listings, avg age

54d

Price / ft²

$386

List price

$540K

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.

Area context

Neighbourhood profile (N2M)

This home lists at $539,900, about 7.6× the local median household income of $71,500.

Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.

Median household income: $71,500
Population: 36,494
Median age: 36.4
Owner / renter: 46% / 54%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N2M)

$539,900· $386/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,990

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,436 capitalized)

Property tax (est.)$246/mo

Total monthly$3,079

Cash Needed to Close

Down payment (5.37%)$28,990

Land transfer tax$7,273

Est. closing costs$4,120

Total cash needed$40,383

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

124 AVALON Place, Kitchener - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2M)

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Full Cost Breakdown