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$499,900

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206 INGLESIDE Place, Kitchener - Single Family for Sale

206 INGLESIDE Place, Kitchener, Ontario, N2M2H2

4 beds2 baths3 parking1,071 ft²Listed 3 days ago

Overview

This 4-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,071 sq ft of space. Listed at $499,900, it is attractively priced about 33% below the $749,900 median asking price in Kitchener. It has been on the market 3 days, fresher than the Kitchener average of 53 days.

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Description

OPEN HOUSE: Saturday & Sunday, Nov. 7 & 8, from 2-4 p.m. ATTENTION FIRST-TIME HOME BUYERS! Your Own Private Forest and Income Potential! Imagine having your own little forest right in your backyard! This is a rare opportunity to own a beautiful raised bungalow on an impressive 230-ft-deep lot surrounded by mature trees, creating a peaceful, private setting where you can relax and enjoy nature. Located on a quiet street, this home offers convenient access to shopping, dining, schools, public transit, a walk-in clinic, community centre, public library, and the expressway. The home is filled with natural light and features a modern-looking kitchen with stainless steel appliances, spacious common areas ideal for entertaining, and bright bedrooms. Enjoy convenient access to the backyard from two separate areas of the home. The large backyard patio is the perfect place to relax and enjoy the natural surroundings. The basement is configured as a one-bedroom apartment, offering flexibility for extended family or potential rental income. Please note that this is not a legal duplex. A unique opportunity combining a spacious home, an exceptional lot, and additional living space! You are going to love this home! Come and see it before it's gone! (id:66096)

Property Details

MLS®: 40874917
Property Type: Single Family
Zoning: RES-4
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,071 ft²
Frontage: 30 ft
Year Built: 1972
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership: Freehold
Property Tax

Rooms

Basement

Living room/Dining room: 13'4'' x 14'2''
Kitchen: 8'0'' x 10'0''
3pc Bathroom
Bedroom: 12'0'' x 13'0''

Main level

Bedroom: 8'11'' x 9'7''
Bedroom: 8'1'' x 10'9''
Primary Bedroom: 10'11'' x 12'9''
3pc Bathroom
Dining room: 7'9'' x 11'11''
Kitchen: 8'5'' x 10'8''

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

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave Built-in
Foundation: Poured Concrete
Exterior: Brick Veneer
Lot Features: Conservation/green belt, Paved driveway

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

$467

List price

$500K

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 3 days, which is 50 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RED AND WHITE REALTY INC. · HUMBERTO GOMEZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2M)

This home lists at $499,900, about 7.0× the local median household income of $71,500.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 37% 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)

$499,900· $467/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$330/mo

Total monthly$2,963

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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Open houses

206 INGLESIDE Place, Kitchener - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2M)

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Full Cost Breakdown