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$705,000

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60 REISTWOOD Drive, Kitchener - Single Family for Sale

60 REISTWOOD Drive, Kitchener, Ontario, N2P2L1

3 beds4 baths2 parking1,943 ft²Listed 6 days ago

Overview

This 3-bedroom, 4-bathroom home in Kitchener is for sale offering roughly 1,943 sq ft of space. Listed at $705,000, it is attractively priced about 6% below the $749,900 median asking price in Kitchener. It has been on the market 6 days, fresher than the Kitchener average of 53 days.

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Description

Discover contemporary living at 60 Reistwood Dr, a meticulously crafted townhouse built in 2020 that truly redefines modern convenience. This inviting residence features 3 well appointed bedrooms, offering ample personal space for relaxation and rejuvenation. With 4 bathrooms throughout the two stories plus a finished basement, this home provides comfort and privacy for residents and guests alike. The property includes a single garage space, offering secure parking and additional storage solutions. A fresh coat of paint and some creative landscaping is all we need to transform this home back into a beauty. Experience the perfect blend of style and functionality in this lovely townhouse. (id:66096)

Property Details

MLS®: 40874550
Property Type: Single Family
Zoning: R-6 732R
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,943 ft²
Frontage: 20 ft
Year Built: 2020
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace: Yes
Ownership

Rooms

Basement

Utility room: 6'10'' x 6'10''
3pc Bathroom: 4'9'' x 5'3''
Recreation room: 9'10'' x 18'3''

Second level

4pc Bathroom: 5'5'' x 9'6''
4pc Ensuite bath: 6'8'' x 13'6''
Bedroom: 12'4'' x 9'3''
Bedroom: 9'0'' x 12'5''
Primary Bedroom: 11'8'' x 15'9''

Main level

Living room: 10'4'' x 15'8''

Features

Appliances: Central Vacuum - Roughed In
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Paved driveway, Sump Pump

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

$363

List price

$705K

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 6 days, which is 47 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Exp Realty (Team Branch) · Michael Darou

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2P)

This home lists at $705,000, about 6.4× the local median household income of $110,000.

Carrying it typically needs a household income of about $137,711 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.

Median household income: $110,000
Population: 25,040
Median age: 36
Owner / renter: 76% / 24%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N2P)

$705,000· $363/ft²

For sale

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Full Cost Breakdown

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Down Payment6.45% · $45,500

Min 6.45%50%

Mortgage payment$3,656/mo

↳ CMHC premium ($26,380 capitalized)

Property tax (est.)$393/mo

Total monthly$4,049

Cash Needed to Close

Down payment (6.45%)$45,500

Land transfer tax$10,575

Est. closing costs$4,615

Total cash needed$60,690

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Open house

60 REISTWOOD Drive, Kitchener - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2P)

Book a showing

Full Cost Breakdown