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$700,000

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3 OAKWOOD Avenue, Kitchener - Single Family for Sale

3 OAKWOOD Avenue, Kitchener, Ontario, N2H6G7

4 beds2 baths3 parking1,953 ft²Listed 7 days ago

Overview

This 4-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,953 sq ft of space. Listed at $700,000, it is attractively priced about 7% below the $749,900 median asking price in Kitchener. It has been on the market 7 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to this beautiful 4 bedroom, 2 bathroom bungalow located on a quiet dead end street in a highly desirable Kitchener neighbourhood. Positioned at the very end of the road, this property offers excellent privacy and connects directly to the Breithaupt Community Centre and its surrounding park. Step inside to an open concept main floor filled with natural light, seamlessly connecting the living space, with luxurious heated floors, to a modern updated kitchen. This level includes 3 bedrooms and an updated full bathroom. The fully finished basement adds versatile living space, hosting a cozy recreation area, the 4th bedroom, and a second updated full bathroom. Key mechanical updates provide peace of mind, with the windows, furnace, and central air conditioning all replaced within the last 5 years. The roof is 13 years old. Hobbyists and tradespeople will appreciate the detached 10 by 20 foot workshop, which comes fully equipped with electrical service. Situated right on the Kitchener Waterloo border, this ideal location blends neighbourhood charm with convenience, making it easy to take advantage of the vibrant downtown amenities, dining, and shopping of both cities. (id:66096)

Property Details

MLS®: 40874314
Property Type: Single Family
Zoning: R2A
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,953 ft²
Frontage: 60 ft
Year Built: 1952
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, In Floor Heating, Natural gas
Cooling: Central air conditioning
Garage: Carport, Open
Ownership: Freehold
Property Tax

Rooms

Basement

Utility room: 20'11'' x 11'1''
Storage: 10'2'' x 10'9''
Recreation room: 12'11'' x 10'7''
3pc Bathroom: 9'5'' x 4'2''
Bedroom: 12'11'' x 10'7''

Main level

4pc Bathroom: 7'0'' x 7'10''
Bedroom: 12'8'' x 7'10''
Bedroom: 9'3'' x 15'1''
Bedroom: 8'2'' x 11'8''
Dining room: 11'9'' x 16'11''

Features

Appliances: Washer, Refrigerator, Water softener, Hot Tub, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Exterior: Brick Veneer
Lot Features: Corner Site, Conservation/green belt

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

$358

List price

$700K

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 7 days, which is 46 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Re/Max Icon Realty · STEVEN SMITH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $700,000, about 9.5× the local median household income of $73,500.

Carrying it typically needs a household income of about $136,735 (20% down, 25-yr amortization, stress-tested) — roughly 86% above the area median.

Median household income: $73,500
Population: 22,456
Median age: 38.4
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N2H)

$700,000· $358/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $45,000.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,200 capitalized)

Property tax (est.)$370/mo

Total monthly$4,002

Cash Needed to Close

Down payment (6.43%)$45,000

Land transfer tax$10,475

Est. closing costs$4,600

Total cash needed$60,075

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Open houses

3 OAKWOOD Avenue, Kitchener - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2H)

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Full Cost Breakdown