$599,000

For saleJust listed

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363 Lawrence Avenue, Kitchener - Single Family for Sale

363 Lawrence Avenue, Kitchener, Ontario, N2M1Y7

3 beds2 baths4 parking

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3 bd2 ba3 pk1,702 ft²

Listed by RE/MAX Aboutowne Realty Corp.

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$680K

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3 bd2 ba4 pk1,913 ft²

Listed by Royal Lepage Crown Realty Services

14 BONNYBANK Court, Kitchener, Ontario, N2E3B9

For saleJust listed

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$750K

14 BONNYBANK Court, Kitchener, Ontario, N2E3B9

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81 SABRINA Crescent, Kitchener, Ontario, N2P1Y7

For saleJust listed

Today

$700K

81 SABRINA Crescent, Kitchener, Ontario, N2P1Y7

4 bd3 ba6 pk2,140 ft²

Listed by eXp Realty (Team Branch)

Investment analysis

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$599,000

Kitchener

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Overview

This 3-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,300 sq ft of space. Listed at $599,000, it is attractively priced about 20% below the $749,900 median asking price in Kitchener. It has been on the market 1 day, fresher than the Kitchener average of 53 days.

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Description

Welcome to 363 Lawrence Ave in Kitchener's Victoria Hills! This updated detached home offers 3 bedrooms, 2 full bathrooms and a bright, functional layout that feels easy to live in. The renovated kitchen and updated bathrooms give the home a fresh, move-in-ready feel, while the generous 46 x 106 ft lot offers plenty of room to enjoy the outdoors. A major highlight is the fully detached, heated garage with a spacious upper level-ideal for a workshop, studio, home gym, hobby space or extra storage. Located close to Belmont Village, parks, trails, transit and highway access, this home offers a great mix of character, space and everyday convenience. (id:66096)

Property Details

MLS®: X14142660
Property Type: Single Family
Zoning: R2B
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 46 × 106 ft (4,876 sq ft)
Frontage: 46 ft
Storeys: 2
Basement: Partially finished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,975/yr
Listed: Yesterday

Rooms

Main level

Foyer: 1.07 x 3.94 meters
Living room: 4.24 x 3.94 meters
Kitchen: 5.41 x 3.73 meters
Bathroom: 3 x 2.84 meters
Primary Bedroom: 3 x 3.94 meters

Basement

Bathroom: 2.36 x 1.63 meters
Recreational, Games room: 6.25 x 3.94 meters
Bedroom: 2.16 x 3.94 meters
Utility room: 3.28 x 3.73 meters

Second level

Office: 4.24 x 3.58 meters
Bedroom: 4.14 x 3.58 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

Kitchener listings, avg age

53d

Price / ft²

$461

List price

$599K

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.

Area context

Neighbourhood profile (N2M)

This home lists at $599,000, about 8.4× the local median household income of $71,500.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 64% above the area median.

Median household income: $71,500
Population: 36,494
Median age: 36.4
Owner / renter: 46% / 54%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N2M)

$599,000· $461/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$331/mo

Total monthly$3,459

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

363 Lawrence Avenue, Kitchener - Single Family for Sale

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Description

Property Details

Rooms

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Market Timing

Location

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Neighbourhood profile (N2M)

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