$590,000

For sale

349 EDWIN Street, Kitchener - Single Family for Sale

349 EDWIN Street, Kitchener, Ontario, N2H4P5

3 beds2 baths4 parking1,633 ft²Listed 9 days ago

Overview

This 3-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,633 sq ft of space. Listed at $590,000, it is attractively priced about 21% below the $749,900 median asking price in Kitchener. It has been on the market 9 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to 349 Edwin Street, nestled in the desirable Breithaupt Park neighbourhood! Situated on a quiet, family-friendly street, this charming bungalow offers a wonderful opportunity for homeowners, downsizers, and investors alike. The home features a functional layout with plenty of potential to make it your own, including the exciting possibility of adding an ensuite bathroom for added comfort and convenience, subject to the necessary approvals. Enjoy peace of mind with a gas furnace and central air conditioning installed 7 years ago, along with a newer water heater, dishwasher, washer, and dryer, all replaced within the last few years. All equipment is owned, with no rental contracts, offering added value and savings for the next owner. The roof is approximately 15 years old, and the furnace and air conditioning have been maintained through an annual service plan. Located close to parks, walking trails, shopping, schools, and everyday amenities, this property offers a fantastic combination of location, practicality, and future potential. Don't miss your chance to make 349 Edwin Street your next home! (id:66096)

Property Details

MLS®: 40874035
Property Type: Single Family
Zoning: R2A
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,633 ft²
Frontage: 52 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage
Ownership: Freehold
Property Tax: $4,559.88/yr
Listed

Rooms

Basement

Utility room: 13'3'' x 10'11''
Storage: 14'1'' x 11'0''
Recreation room: 35'9'' x 12'2''
Laundry room: 8'7'' x 10'9''
3pc Bathroom

Main level

Primary Bedroom: 12'7'' x 11'6''
Living room: 10'1'' x 11'4''
Laundry room: 11'1'' x 9'2''
Kitchen: 10'11'' x 11'5''
Dining room: 9'11'' x 8'0''
Bedroom

Features

Appliances: Refrigerator, Dishwasher, Stove, Hood Fan
Exterior: Concrete, Brick
Lot Features: 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

$361

List price

$590K

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 3-bed single family in Kitchener has been listed for 9 days, which is 44 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Re/Max Twin City Realty Inc. · TONY JOHAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $590,000, about 8.0× the local median household income of $73,500.

Carrying it typically needs a household income of about $115,248 (20% down, 25-yr amortization, stress-tested) — roughly 57% 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)

$590,000· $361/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $34,000

Min 5.76%50%

Mortgage payment$3,083/mo

↳ CMHC premium ($22,240 capitalized)

Property tax (est.)$380/mo

Total monthly$3,463

Cash Needed to Close

Down payment (5.76%)$34,000

Land transfer tax$8,275

Est. closing costs$4,270

Total cash needed$46,545

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