$599,900
Kitchener
290 MELROSE Avenue, Kitchener, Ontario, N2H2C1
This 3-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,420 sq ft of space. Listed at $599,900, it is attractively priced about 20% below the $749,900 median asking price in Kitchener. It has been on the market 8 days, fresher than the Kitchener average of 53 days.
Are you looking for a centrally located bungalow in a mature area of the city? Then come check out this charming single detached bungalow has been thoughtfully updated, is completely carpet free, offers a separate entrance, features a cozy gas fireplace, and carries the solid character of its 1953 build. Out front, the property provides parking for four vehicles — one in the detached single car garage and another three along the long asphalt driveway. The fenced rear yard offers plenty of outdoor enjoyment with a sunroom, a walk up from the lower level, a garden shed, and ample space for a future vegetable garden. Inside, this bungalow offers 1,047 square feet of living space with three bedrooms, two full bathrooms, and a finished lower level rec room. Stepping through the front door, you’re welcomed by a good sized foyer, and to the left, a large living room enhanced with pot lights and laminate flooring. The kitchen features plenty of white cabinetry, a tiled backsplash, stainless steel appliances, and a convenient side entrance. At the back of the home are three bedrooms, all with laminate flooring, along with a recently updated four piece family bathroom. The lower level provides a generous rec room with laminate flooring and a gas fireplace, adding that extra bit of living space for today’s growing families. Continuing downstairs, you’ll find the walk up staircase, another full bathroom, the laundry area, and plenty of finished storage space. The property is walking distance to the neighbourhood off leash dog park, the Kitchener Memorial Auditorium and very close to Tim Hortons, the Expressway at Frederick/Victoria and Fairview Park Mall. Offering a flexible closing date this move in ready bungalow can be the perfect option to align your family for Christmas! Some AI generated photos being used. Please take a moment to view the marketing video, 360 degree photography and the other photos to get a full grasp of what the property has to offer. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 8 days 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 8 days, which is 45 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 $599,900, about 8.2× the local median household income of $73,500.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2H)
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Loading rates, 30-yr amortization
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