$669,900

For sale

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55 Ramblewood Way, Kitchener - Single Family for Sale

55 Ramblewood Way, Kitchener, Ontario, N2N1G8

5 beds2 baths3 parking ft²

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3 bd2 ba2 pk1,300 ft²Lot size 18 × 98 ft (1,781 sq ft)

Listed by RE/MAX ICON REALTY

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3 bd3 ba4 pk2,487 ft²

Listed by Re/Max Twin City Realty Inc.

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90 BROOKFIELD Crescent, Kitchener, Ontario, N2E0A7

3 bd2 ba2 pk1,310 ft²

Listed by Re/Max Icon Realty

Investment analysis

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$669,900

Kitchener

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Overview

This 5-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 900 sq ft of space. Listed at $669,900, it is attractively priced about 10% below the $745,000 median asking price in Kitchener. It has been on the market 51 days, fresher than the Kitchener average of 54 days.

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Description

Welcome to this beautiful well maintained bungalow with a unique blend of comfort and style in Kitchener most convenient and family-friendly neighborhood's. The main floor features a bright open concept layout including living room, a cozy dining area, great size kitchen and three generous size bedrooms. The spacious living room is perfect for relaxing or entertaining, and 3piece bathroom complete the main level. The finished basement extends the living space, boasting a bright, open-concept layout, with two bedrooms and three piece washroom. Backyard add to the home's curb appeal and outdoor charm with Huge Lot. A must see!! (id:66096)

Property Details

MLS®: X13790750
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 45 × 127 ft (5,733 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,111/yr
Listed: 51 days ago

Rooms

Main level

Kitchen: 5.54 x 4.12 meters
Bedroom 2: 3.45 x 3.61 meters
Primary Bedroom: 3.4 x 3.62 meters
Dining room: 3.63 x 3.94 meters
Bedroom 3: 3.5 x 3.6 meters
Living room: 4.23 x 3.68 meters

Basement

Bedroom: 3.56 x 3.7 meters
Bedroom: 3.02 x 2.71 meters
Living room: 3.02 x 3.36 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

51d

Kitchener listings, avg age

54d

Price / ft²

$744

List price

$670K

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 (N2N)

This home lists at $669,900, about 6.2× the local median household income of $108,000.

Carrying it typically needs a household income of about $130,855 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.

Median household income: $108,000
Population: 26,596
Median age: 39.2
Owner / renter: 83% / 18%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N2N)

$669,900· $744/ft²

For sale

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Full Cost Breakdown

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Down Payment6.27% · $41,990

Min 6.27%50%

Mortgage payment$3,481/mo

↳ CMHC premium ($25,116 capitalized)

Property tax (est.)$343/mo

Total monthly$3,824

Cash Needed to Close

Down payment (6.27%)$41,990

Land transfer tax$9,873

Est. closing costs$4,510

Total cash needed$56,373

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

55 Ramblewood Way, Kitchener - Single Family for Sale

Rental cashflow calculator

Description

Property Details

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Neighbourhood profile (N2N)

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