$499,900

For sale

7 PRUETER Avenue, Kitchener - Single Family for Sale

7 PRUETER Avenue, Kitchener, Ontario, N2H6G5

3 beds2 baths2 parking1,618 ft²Listed 14 days ago

Overview

This 3-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,618 sq ft of space. Listed at $499,900, it is attractively priced about 33% below the $749,900 median asking price in Kitchener. It has been on the market 14 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to 7 Prueter Ave, Kitchener! Nestled in the desirable Uptown North Ward neighborhood. This charming brick bungalow offers curb appeal and mature landscaping. The perfect blend of convenience’s can be found just minutes away from trendy restaurants, to shopping, even schools within walking distance. Whether you are a couple or a growing family, if you’re looking for an opportunity, this home delivers. The main floor features a bright, spacious kitchen with an abundance of wood cabinetry and dining area with a large window flooded with natural light perfect for hosting family dinners. Down the hall, you will find bright updated 4-piece bathroom and three comfortable bedrooms. The third bedroom offers great flexibility as a TV lounge or guest room, complete with sliding glass doors that lead to the backyard. Step outside to a fully fenced, private backyard featuring a large deck, a storage shed, and a detached workshop. The more recent fully finished, basement significantly expands your living space, with a rec room anchored by a cozy gas fireplace, a fresh 3-piece bathroom, laundry room, and storage. If you like a neighbourhood with parks both Breithaupt Park and George Lippert Park are within a 3 minute drive offering year round activities including walking & hiking trails, splashpad & winter sledding hills, tennis & off leash dog park. (Roof approx.15yrs) (Gas Furnace approx..10 years) (Windows approx. 10-15 yrs) Carport. (id:66096)

Property Details

MLS®: 40873027
Property Type: Single Family
Zoning: R2A
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,618 ft²
Frontage: 63 ft
Year Built: 1954
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air
Cooling: Central air conditioning
Garage: Carport
Fireplace: Yes
Ownership

Rooms

Basement

3pc Bathroom
Utility room: 15'1'' x 11'1''
Recreation room: 25'7'' x 33'1''

Main level

4pc Bathroom
Bedroom: 10'9'' x 11'10''
Bedroom: 10'9'' x 11'10''
Primary Bedroom: 10'11'' x 13'0''
Kitchen: 11'1'' x 11'6''
Dining room: 11'3'' x 11'6''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Brick
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Kitchener listings, avg age

53d

Price / ft²

$309

List price

$500K

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 14 days, which is 39 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Chestnut Park Realty Southwestern Ontario Limited · ERIK ERWIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $499,900, about 6.8× the local median household income of $73,500.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 33% above the area median.

Median household income: $73,500
Population: 22,456
Median age: 38.4
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N2H)

$499,900· $309/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$349/mo

Total monthly$2,982

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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