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$688,888
Kitchener
Times shown are local to the property.
242 Southwood Drive, Kitchener, Ontario, N2E2B1
This 3-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,750 sq ft of space. Listed at $688,888, it is attractively priced about 8% below the $749,900 median asking price in Kitchener. It has been on the market 1 day, fresher than the Kitchener average of 53 days.
Welcome to 242 Southwood Drive, located in the family-friendly neighbourhood of Country Hills in Kitchener! This charming 5-level side split offers a warm and inviting layout, with plenty of space for the whole family to enjoy. Featuring hardwood floors, a beautifully updated kitchen with new cabinetry, floors and back-splash. This home blends character with thoughtful updates throughout. The walkout family room has a cozy fireplace and provides easy access to he outdoors, while the spacious recreation room offers additional flexibility for entertaining, a home gym, office or family gatherings. Step outside to enjoy the two-level deck, perfect for relaxing or hosting, surrounded by mature trees on a generous, wide lot. A standout feature is the 12' x 16' detached workshop, complete with hydro, its own pony panel and insulated walls, ideal for hobbies, projects or additional workspace. Recent updates include the kitchen cabinetry, flooring, backsplash and appliances (2022), basement bathroom (2020), basement carpeting (2020), extended deck (2025), new sliding door (2026), water softener (2024), and more. Additional features include dry crawl space storage and a powered gazebo. Set in a quiet, established neighbourhood known for its mature trees, excellent schools and welcoming community, with convenient access to everyday amenities. A wonderful opportunity to enjoy space, comfort and a great neighbourhood! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 1 day on market, against an average age of 53 days across the listings currently for sale in this city
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.
This 3-bed single family in Kitchener has been listed for 1 day, which is 52 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $688,888, about 7.4× the local median household income of $93,000.
Carrying it typically needs a household income of about $134,564 (20% down, 25-yr amortization, stress-tested) — roughly 45% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2E)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice