$1,399,900
Kitchener
Times shown are local to the property.
308 Deer Ridge Drive, Kitchener, Ontario, N2P2K6
This 4-bedroom, 3-bathroom home in Kitchener is for sale offering roughly 1,750 sq ft of space. It has been on the market 40 days, fresher than the Kitchener average of 53 days.
Rare opportunity to own a home in Deer Ridge, one of Kitchener's most established upscale communities. This 4-bedroom, 3-bathroom bungalow with a 2-car garage is set on a beautifully landscaped lot with no immediate side or rear neighbours, offering excellent privacy, large windows, & plenty of natural light. The main floor features 9 ft ceilings & hardwood flooring. A large entry opens to the living room with a 15 ft vaulted ceiling, floor-to-ceiling windows, & gas fireplace. The eat-in kitchen includes a large island, stainless steel appliances, plenty of cupboard space, & a door to the backyard patio. A formal dining room provides additional space for entertaining. The spacious primary bedroom has a walk-in closet & updated 4-piece ensuite with a soaker tub. The 2nd main-floor bedroom can also be used as an office & has cheater access to the main 4-piece bathroom. A laundry/mudroom with a utility sink & garage access completes this level. The finished basement has high ceilings, a large rec-room with a gas fireplace, 2 additional bedrooms, & a 3-piece bathroom. With this layout, the lower level offers excellent in-law suite potential or a private space for extended family or guests. There is also a large utility room with plenty of storage & a spacious cold room. Outside, the fully fenced backyard features a fiberglass saltwater pool, large patio, BBQ gas line, landscaped grounds, & excellent privacy with no immediate side or rear neighbours. This Deer Ridge Kitchener home is close to Deer Ridge Golf Club, Pioneer Tower Natural Area, the Walter Bean Trail, parks, shopping, restaurants, & Costco at Gateway Park Drive. Quick access to Highway 8 & Highway 401 makes commuting throughout Kitchener-Waterloo, Cambridge, Guelph, & the GTA convenient. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 40 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 4-bed single family in Kitchener has been listed for 40 days, which is 13 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 $1,399,900, about 12.7× the local median household income of $110,000.
Carrying it typically needs a household income of about $273,449 (20% down, 25-yr amortization, stress-tested) — roughly 149% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2P)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.