$719,900

For saleJust listed

16 DOWNEY Street, Kitchener - Single Family for Sale

16 DOWNEY Street, Kitchener, Ontario, N2H6K6

4 beds2 baths2 parking1,783 ft²Listed 6 days ago

Overview

This 4-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,783 sq ft of space. Its $719,900 asking price sits right in line with the $749,900 median in Kitchener. It has been on the market 6 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to 16 Downey St, located in the desirable Bridgeport West community, conveniently located close to schools, shopping centers, parks and a walking trail just down the road, making it the ideal place to call home and raise a family. This charming bungalow with an attached single car garage, concrete driveway, quaint front porch situated on an oversized lot ideal for a pool or shop or both offering many tremendous possibilities!! Further adding a full walkout lower level ideal for a separate in-law suite or great family entertaining space! As you enter the main floor which offers a bright and cheery living-room, galley style kitchen and dining area. Plus you will find three cozy bedrooms and a 4-piece bathroom. The lower level is fully finished and comes with a guest room, office, 3 pc bathroom, laundry room, and a large recreation room with a walkout into a 3 season enclosed patio room. Don't miss your chance to make this wonderful bungalow your own! Book your showing today! (id:66096)

Property Details

MLS®: 40872050
Property Type: Single Family
Zoning: RES-5
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,783 ft²
Frontage: 52 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air
Cooling: Central air conditioning
Garage: Attached Garage, Carport
Ownership: Freehold
Property Tax: $4,161.76/yr
Listed

Rooms

Basement

Utility room: 6'3'' x 4'9''
Sunroom: 13'10'' x 10'5''
Recreation room: 22'4'' x 14'8''
Office: 9'3'' x 14'6''
Laundry room: 7'8'' x 7'6''
Cold room: 7'8'' x 6'4''
Bedroom: 11'1'' x 13'0''
3pc Bathroom: 4'11'' x 8'5''

Main level

Primary Bedroom: 10'7'' x 11'4''
Living room: 13'2'' x 17'1''

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings, Garage door opener, Microwave Built-in
Exterior: Brick
Lot Features: Conservation/green belt, Industrial mall/subdivision

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kitchener listings, avg age

53d

Price / ft²

$404

List price

$720K

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 4-bed single family in Kitchener has been listed for 6 days, which is 47 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. · KATHY MARZIANO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $719,900, about 9.8× the local median household income of $73,500.

Carrying it typically needs a household income of about $140,622 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.

Median household income: $73,500
Population: 22,456
Median age: 38.4
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N2H)

$719,900· $404/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.53% · $46,990

Min 6.53%50%

Mortgage payment$3,731/mo

↳ CMHC premium ($26,916 capitalized)

Property tax (est.)$347/mo

Total monthly$4,078

Cash Needed to Close

Down payment (6.53%)$46,990

Land transfer tax$10,873

Est. closing costs$4,660

Total cash needed$62,523

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