$375,000

For sale

#20 46 CEDARWOODS Crescent, Kitchener - Single Family for Sale

#20 46 CEDARWOODS Crescent, Kitchener, Ontario, N2C2L7

3 beds2 baths2 parking1,583 ft²$585/mo condo feeListed 13 days ago

Overview

This 3-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 1,583 sq ft of space. Listed at $375,000, it is attractively priced about 6% below the $399,500 median asking price in Kitchener. It has been on the market 13 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to this beautiful Townhome located in one of the best managed and looked after condo complexes in the city! There are many reasons to choose 46 Cedarwoods as a location; its unique proximity to one the regions historic malls, nearby transportation hubs of the GRT Light Rail System (Street Cars) and city buses, variety of eateries, medical offices, schools, cinema, golf courses, ski hill, trails, fast highway connection, and the list goes on! The entire exterior cladding - siding, windows and gutters - have been recently modernized. This particular townhome unit makes living near all the mentioned amenities even more appealing. The interior is spacious, clean and newly renovated with high standards. From the pot-lit smooth ceilings, ECOBEE thermostat, dimmer control switches, modern light fixtures, newer high efficiency low maintenance heat pump/AC unit (2024) and furnace (2022) to the mostly carpet free interior, this townhome is a bonafide retreat from everyday hustle and bustle. Living room is inviting and it opens to a dinning area that connects seamlessly to a very practical, modernized kitchen. The large primary bedroom with its double doors offers a grand entrance and it's completed with a closet fitted with an adequate organizer. Upper 4pc bathroom is tastefully fitted to compliment the other two bedrooms. Lower level is so welcoming as a family room/games room or any other suitable purpose. In addition to that is the convenience of the lower bathroom and laundry area. Backyard is completely fenced with its own patio area. Everything is all done up and ready to move into! (id:66096)

Property Details

MLS®: 40873384
Property Type: Single Family
Zoning: R4
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,583 ft²
Year Built: 1978
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Condo Fee: $585/mo
Fee Includes: Landscaping, Property Management, Insurance, Parking

Rooms

Basement

Laundry room
2pc Bathroom
Family room: 10'4'' x 23'4''

Second level

4pc Bathroom
Bedroom: 8'10'' x 15'0''
Bedroom: 9'9'' x 15'0''
Primary Bedroom: 11'2'' x 15'6''

Main level

Kitchen: 7'11'' x 8'9''
Dining room: 8'0'' x 9'0''
Living room: 10'5'' x 18'0''

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings, Garage door opener
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Balcony, Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Kitchener listings, avg age

53d

Price / ft²

$237

List price

$375K

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 13 days, which is 40 days fresher than the city average of 53. Act while there is still low competition.

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Listed by EXP REALTY · TONY OLAJIDE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2C)

This home lists at $375,000, about 5.4× the local median household income of $70,000.

Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.

Median household income: $70,000
Population: 17,681
Median age: 36.8
Owner / renter: 33% / 67%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N2C)

$375,000· $237/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,750

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$184/mo

Condo fee$585/mo

Total monthly$2,744

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$4,100

Est. closing costs$3,625

Total cash needed$26,475

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