111 Crosby Drive, Kitchener, ON

$799,999
MLS#:X9373000
5 beds
4 baths
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium aluminum siding and stone construction, this residence presents an exceptional opportunity offered at $799,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 3 functional kitchens
  • Premium 59 x 120 ft lot size
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Investor Alert! Welcome to 111 Crosby Drive, a bright and spacious bungalow with incredible potential. This home is perfect for a handy homeowner or an investor looking to capitalize on a property with great bones and a desirable location. The main level features three carpet-free bedrooms, including a primary bedroom with an ensuite bathroom. The open-concept living and dining areas seamlessly lead to a large deck. Imagine the possibilities for creating a dream outdoor living space! The fully finished basement boasts a separate entrance and offers two additional bedrooms, each with its own 3-piece washroom, making it ideal for generating rental income. This separate entrance adds extra convenience and privacy, making it perfect for generating rental income or accommodating extended family members. With a large backyard and a pool, this property offers a unique chance for customization and enjoyment. Imagine transforming the backyard into your very own private oasis! Conveniently located near schools, shopping, and transit, this home has endless possibilities. This property requires some updating and repairs, which is reflected in the listing price. Don't miss out on this investment opportunity with great potential for the right buyer!

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 2, 2024
Sold price information is available to members only
Listed Date9/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Stone
Lot Size59 × 120 Feet
CountyWaterloo
Annual Tax$4,531.27
Legal DescriptionLT 214 PL 1055 KITCHENER; S/T 206362; KITCHENER

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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111 Crosby Drive, Kitchener, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 111 Crosby Drive, Kitchener, ON N2B 2L1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$639,999.2
Monthly Mortgage$3,719
Property Tax (Est.)$378
Utilities & Maint.$350
Total Monthly Cost$4,447

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Kitchener.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$739,323

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Our Lady of Grace
Public70 Gracefield Crescent, Alpine, Kitchener, Ontario, N2E 1R9
7.3
Alpine
Public75 Lucerne Drive, Alpine, Kitchener, Ontario, N2E 1B4
5.8
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Country Hills
Public195 Country Hill Drive, Country Hills, Kitchener, Ontario, N2E 2G7
4.4

Secondary Schools

St. Mary’s
Catholic1500 Block Line Road, Kitchener, Ontario, N2C 2S2
6.1
Eastwood
Public760 Weber Street East, Eastwood, Kitchener, Ontario, N2H 1H6
5.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.