$849,900

$899,900For salePrice drop↓ $50,000 (6%)

58 BRADLEY Drive, Kitchener - Single Family for Sale

58 BRADLEY Drive, Kitchener, Ontario, N2A1K5

3 beds2 baths5 parking2,140 ft²Listed 43 days ago

Overview

This 3-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 2,140 sq ft of space. It has been on the market 43 days, fresher than the Kitchener average of 53 days.

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Description

Beautiful on Bradley—and anything but ordinary! Welcome to this updated 3-bedroom, 2-bathroom home in desirable Stanley Park, offering an exciting combination of family living, work-from-home possibilities and investment potential. Imagine eliminating the commute—and the cost of renting workspace! The impressive main-level studio features a large wall mirror and full bathroom creating incredible potential uses for a hairstylist, personal trainer, dance or yoga instructor, massage therapist, home daycare or other home-based professional. Live upstairs and build your business downstairs! Investors, take notice too—the separate entrances and yard areas offer excellent potential for conversion to upper and lower living spaces. Inside, enjoy a bright renovated kitchen and dining areas, and large picture windows with views of the park across the street. Outside, there’s a metal roof, parking for up to 5 vehicles and a double carport with garage conversion potential. Walk to schools, parks, trails, Stanley Park Community Centre and shopping, with quick access to Hwy 7/8 and the 401. One home. So many possibilities! (id:66096)

Property Details

MLS®: 40865395
Property Type: Single Family
Zoning: R2A
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 2,140 ft²
Frontage: 95 ft
Year Built: 1967
Storeys: 3
Style: Other
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport
Fireplace: Yes
Ownership

Rooms

Basement

Utility room: 9'10'' x 11'2''
Laundry room: 9'3'' x 9'6''
Family room: 11'1'' x 22'7''

Third level

4pc Bathroom: 6'11'' x 6'1''
Bedroom: 8'2'' x 10'0''
Primary Bedroom: 9'11'' x 13'6''
Bedroom: 9'11'' x 9'11''

Second level

Kitchen: 10'7'' x 13'8''
Dining room: 11'2'' x 9'1''

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Exterior: Brick, Vinyl siding
Lot Features: Southern exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Kitchener listings, avg age

53d

Price / ft²

$397

List price

$850K

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 43 days, which is 10 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. · LAURIE KEYES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2A)

This home lists at $849,900, about 8.9× the local median household income of $96,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 73% above the area median.

Median household income: $96,000
Population: 32,454
Median age: 39.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N2A)

$849,900· $397/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,990

Min 7.06%50%

Mortgage payment$4,379/mo

↳ CMHC premium ($31,596 capitalized)

Property tax (est.)$386/mo

Total monthly$4,765

Cash Needed to Close

Down payment (7.06%)$59,990

Land transfer tax$13,473

Est. closing costs$5,050

Total cash needed$78,513

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