$705,000

For saleJust listed

60 Reistwood Drive, Kitchener - Single Family for Sale

60 Reistwood Drive, Kitchener, Ontario, N2P2L1

3 beds4 baths2 parking1,750 ft²20 × 118 ft (2,327 sq ft) lot sizeListed 6 days ago

Overview

This 3-bedroom, 4-bathroom home in Kitchener is for sale offering roughly 1,750 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 54 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. Thisinviting residence features 3 well appointed bedrooms, offering ample personal space for relaxation and rejuvenation. With 4 bathroomsthroughout the two stories plus a finished basement, this home provides comfort and privacy for residents and guests alike. The propertyincludes a single garage space, offering secure parking and additional storage solutions. A fresh coat of paint and some creative landscaping is allwe 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®: X14129240
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: 1,750 ft²
Lot Size: 20 × 118 ft (2,327 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage
Fireplace: Yes

Rooms

Main level

Bathroom: 1.35 x 1.45 meters
Kitchen: 3.38 x 2.54 meters
Dining room: 2.46 x 2.54 meters
Living room: 4.78 x 3.15 meters

Basement

Bathroom: 1.6 x 1.45 meters
Utility room: 2.08 x 2.08 meters
Recreational, Games room: 5.56 x 3 meters

Second level

Primary Bedroom: 4.8 x 3.56 meters
Bedroom: 3.78 x 2.74 meters

Features

Appliances: Central Vacuum, Water Heater
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kitchener listings, avg age

54d

Price / ft²

$403

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 48 days fresher than the city average of 54. Act while there is still low competition.

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Listed by EXP REALTY · JENNIFER RICHARDSON

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· $403/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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