$899,900

For sale

171 OTTERBEIN Road, Kitchener - Single Family for Sale

171 OTTERBEIN Road, Kitchener, Ontario, N2B0A8

3 beds3 baths4 parking1,808 ft²Listed 34 days ago

Overview

This 3-bedroom, 3-bathroom home in Kitchener is for sale offering roughly 1,808 sq ft of space. It has been on the market 34 days, fresher than the Kitchener average of 53 days.

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Description

Time is running out to take advantage of the HST rebate. Exceptional Value – HST Rebate Already Applied to the Purchase Price! Enjoy significant upfront savings with the HST rebate already reflected in the advertised price, making this brand-new home an outstanding opportunity for eligible buyers. Built by the trusted team at James Gies Construction, this beautifully designed 1,800 sq. ft. single detached home offers the perfect blend of style, comfort, and functionality for today's family. The open-concept main floor features 9-foot ceilings, luxury vinyl plank flooring, a spacious kitchen with quartz countertops, a generous dinette for family meals, and a bright great room ideal for relaxing or entertaining. A convenient main-floor powder room completes the thoughtfully designed layout. Upstairs, you'll find 3 spacious bedrooms with cozy broadloom, including a private primary suite featuring a walk-in closet and a stylish ensuite. The second-floor laundry room adds everyday convenience and makes family life just a little easier. Ideally located with quick access to Waterloo, Cambridge, Guelph, and the GTA, this home offers the perfect balance of small-town living and convenient commuting. With quality craftsmanship, modern finishes, a functional family-friendly layout, and the HST rebate already built into the purchase price, this is an exceptional opportunity to own a brand-new home at incredible value. Don't miss your chance to make it yours! (id:66096)

Property Details

MLS®: 40868118
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,808 ft²
Frontage: 79 ft
Storeys: 2
Style: Other
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: Attached Garage
Ownership: Freehold
Listed

Rooms

Second level

4pc Bathroom
3pc Ensuite bath
Laundry room: 7'5'' x 6'0''
Bedroom: 10'0'' x 11'9''
Bedroom: 12'5'' x 9'9''
Primary Bedroom: 12'5'' x 15'1''

Main level

2pc Bathroom
Dining room: 11'7'' x 10'4''
Living room: 12'5'' x 18'0''
Kitchen: 11'7'' x 12'1''

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

Features

Appliances: Hood Fan
Foundation: Poured Concrete
Exterior: Vinyl siding, Brick Veneer
Lot Features: Crushed stone driveway, Sump Pump

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Kitchener listings, avg age

53d

Price / ft²

$498

List price

$900K

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 34 days, which is 19 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. · Tim Albrecht

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2B)

This home lists at $899,900, about 11.1× the local median household income of $81,000.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 117% above the area median.

Median household income: $81,000
Population: 16,939
Median age: 42.8
Owner / renter: 61% / 39%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N2B)

$899,900· $498/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,990

Min 7.22%50%

Mortgage payment$4,629/mo

↳ CMHC premium ($33,396 capitalized)

Est. property tax$750/mo

Total monthly$5,379

Cash Needed to Close

Down payment (7.22%)$64,990

Land transfer tax$14,473

Est. closing costs$5,200

Total cash needed$84,663

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