$499,900

For sale

212 HERITAGE Drive, Kitchener - Single Family for Sale

212 HERITAGE Drive, Kitchener, Ontario, N2B3J6

4 beds2 baths5 parking2,000 ft²Listed 13 days ago

Overview

This 4-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 2,000 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 13 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to this inviting three-bedroom bungalow, offering comfortable living, a versatile layout, and plenty of potential for a variety of lifestyles. The main level features a spacious formal living room, a welcoming eat-in dining area, and a functional kitchen, all complemented by the convenience of carpet-free flooring throughout. The lower level, complete with a separate side entrance, was previously utilized as an in-law setup and offers additional living possibilities. Featuring a bedroom and two egress windows, this space provides flexibility for extended family, guests, or additional recreational use. Outside, enjoy a generously sized yard with plenty of room for gardening, entertaining, or simply relaxing. A double-wide driveway provides convenient parking for up to four vehicles. Ideally situated close to schools, public transit, and everyday amenities, this property offers a wonderful combination of space, convenience, and opportunity to make it your own. (id:66096)

Property Details

MLS®: 40869337
Property Type: Single Family
Zoning: R2C
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 5
Interior Size: 2,000 ft²
Frontage: 42 ft
Year Built: 1977
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $3,758/yr
Listed

Rooms

Lower level

Laundry room: 12'7'' x 12'3''
3pc Bathroom
Bedroom: 12'3'' x 12'7''
Family room: 10'9'' x 33'1''

Main level

4pc Bathroom
Bedroom: 10'0'' x 9'11''
Bedroom: 12'11'' x 8'8''
Primary Bedroom: 9'6'' x 13'10''
Kitchen: 7'6'' x 8'0''
Dining room: 8'10'' x 11'7''
Living room: 11'9'' x 16'11''

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Microwave Built-in
Foundation: Poured Concrete
Exterior: Aluminum siding, Brick Veneer

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Kitchener listings, avg age

53d

Price / ft²

$250

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 13 days, which is 40 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Peak Realty Ltd. · LINDY BROWN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2B)

This home lists at $499,900, about 6.2× the local median household income of $81,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 21% 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)

$499,900· $250/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.)$313/mo

Total monthly$2,946

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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