$590,000

For sale

129 Florence Avenue, Kitchener - Single Family for Sale

129 Florence Avenue, Kitchener, Ontario, N2A2L1

3 beds1 bath5 parking1,300 ft²54 × 120 ft (6,480 sq ft) lot sizeListed 16 days ago

Overview

This 3-bedroom, 1-bathroom home in Kitchener is for sale offering roughly 1,300 sq ft of space. Listed at $590,000, it is attractively priced about 21% below the $749,900 median asking price in Kitchener. It has been on the market 16 days, fresher than the Kitchener average of 53 days.

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Description

This charming and immaculate detached family home sits on a desirable large corner lot in the sought-after Centreville community, offering lots of character, updates, and a detached garage/workshop with second driveway. The main floor features a beautifully updated eat-in kitchen with custom maple cabinetry, glass backsplash, and ceramic tile flooring, a formal living room with hardwood floors, an updated 4-piece bathroom, and a flexible third bedroom or den. The kitchen walks out to an oversized covered deck overlooking a large, fully fenced private yard. Upstairs holds two additional large bedrooms, while the basement offers excellent future rec room potential. A standout detached 1.5-storey garage and workshop - approximately 14' x 29' - complete with a loft mezzanine, 220V electrical panel, and two separate entrances adds exceptional versatility. With parking for 5+ vehicles and just minutes to Hwy 8, Hwy 401, GRT/LRT transit, Fairview Mall, parks, schools, and all amenities - this is a must-see in a quiet, family-friendly neighbourhood. (id:66096)

Property Details

MLS®: X14095658
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 54 × 120 ft (6,480 sq ft)
Frontage: 54 ft
Storeys: 1
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage, RV
Ownership: Freehold
Property Tax: $3,786/yr
Listed: 16 days ago

Rooms

Second level

Bedroom: 3.38 x 3.07 meters
Bedroom 2: 3.38 x 3.61 meters

Main level

Primary Bedroom: 3.38 x 3.17 meters
Kitchen: 4.37 x 4.57 meters
Living room: 4.29 x 3.61 meters
Bathroom: 2.18 x 2.57 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Garage door opener
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Kitchener listings, avg age

53d

Price / ft²

$454

List price

$590K

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.

Haho

This 3-bed single family in Kitchener has been listed for 16 days, which is 37 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RE/MAX TWIN CITY REALTY INC. · ZANA JALAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2A)

This home lists at $590,000, about 6.1× the local median household income of $96,000.

Carrying it typically needs a household income of about $115,248 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $96,000
Population: 32,454
Median age: 39.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N2A)

$590,000· $454/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $34,000

Min 5.76%50%

Mortgage payment$3,083/mo

↳ CMHC premium ($22,240 capitalized)

Property tax (est.)$316/mo

Total monthly$3,398

Cash Needed to Close

Down payment (5.76%)$34,000

Land transfer tax$8,275

Est. closing costs$4,270

Total cash needed$46,545

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