$1,990,000

$2,490,000For salePrice drop↓ $500,000 (20%)

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272 SHELDON Avenue North, Kitchener - Vacant Land for Sale

272 SHELDON Avenue North, Kitchener, Ontario, N2A1G7

34,412 sq ft (0.79 ac) lotListed 70 days ago

Overview

This lot in Kitchener is for sale.

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Description

A rare opportunity to own a truly special property with 0.79 acres of land and RES-5 zoning. This charming two-storey home offers 3 bedrooms and 3 bathrooms, combining character, generous living space and an incredible amount of outdoor room for your family to enjoy. Set back on a beautiful, expansive lot, the home makes a statement from the street and is truly the center piece of the property. Inside, you'll find plenty of space for everyday family living, while outside, the possibilities continue with a huge backyard, perfect for summer evenings, entertaining, kids, pets or simply enjoying the privacy and space that is becoming increasingly difficult to find. A double-car garage and oversized driveway provide ample parking for family and guests. Whether you're looking for a property to make your own, an estate home with room to grow, or exploring the development potential offered by the RES-5 zoning, this property presents an exciting opportunity. A large lot, a character-filled home, exceptional outdoor space and development potential - all in one property. Don't miss the opportunity to make this one yours. (id:66096)

Property Details

MLS®: 40857269
Property Type: Vacant Land
Zoning: RES-5
Lot Size: 34,412 sq ft (0.79 ac)
Frontage: 157 ft
Price per Acre: $2,519,017 per acre
Basement: None
Ownership: Freehold
Property Tax: $5,250/yr
Listed: 70 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Garage door opener
Lot Features: Cul-de-sac

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Water, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Kitchener listings, avg age

53d

List price

$1.99M

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

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Listed by Re/Max Twin City Realty Inc. · JOHN FINLAYSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2A)

This home lists at $1,990,000, about 20.7× the local median household income of $96,000.

Carrying it typically needs a household income of about $388,717 (20% down, 25-yr amortization, stress-tested) — roughly 305% above the area median.

Median household income: $96,000
Population: 32,454
Median age: 39.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N2A)

$1,990,000

For sale

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