241 Margaret Avenue, Kitchener, ON

$599,999
MLS#:X12070688
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $599,999 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 41.34 x 119.58 ft lot
  • Features a ["full", "partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to this well-kept two-story brick home on a deep lot in the sought-after North Ward of Waterlooperfect for first-time buyers, families, or investors! The main level features hardwood and tile flooring, a large living and dining room, and a well-designed kitchen with ample cabinetry and backyard access. A separate entrance to the basement adds flexibility, while the second floor offers enough space for the growing family, and a back balcony overlooking the spacious backyard. The finished basement includes a play area, workspace, and laundry, making it great for families or those looking to escape the daily hustle while they catch a game on the telly or fit in a much needed workout . This home has been very well maintained, and you will not be disappointed! Located just a short walk to the Kitchener GO Station for easy trips to Toronto and offering quick access to Highway 7/8, commuting is a breeze. Enjoy the outdoors with the Spur Line Trail for walking, running, or biking and the scenic trails of Breithaupt Park for dog walkers and hikers. Food lovers will be spoiled with nearby spots like Harpers Deli, Eby St. Bodega, Labodega, and The Fore Quarter Butcher Shop. Grocery shopping is easy with Vincenzos and Central Fresh Market, and the cheapest gas in town is right across the street! Families will love the top-rated schools, including Elizabeth Ziegler PS, Suddaby PS, Margaret Avenue SPS, and KCI, plus parks, green spaces, and the Main Kitchener Public Library nearby. This friendly, walkable community offers convenience, great food, and a welcoming neighborhood vibe.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 16, 2025
Sold price information is available to members only
Listed Date4/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick
Lot Size41.34 × 119.58 Feet
CountyWaterloo
Annual Tax$3,894
Legal DescriptionPT LT 6 PL 373 KITCHENER AS IN 1043075; KITCHENER

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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241 Margaret Avenue, 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 241 Margaret Avenue, Kitchener, ON N2H 4J4

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$479,999.2
Monthly Mortgage$2,789
Property Tax (Est.)$325
Utilities & Maint.$350
Total Monthly Cost$3,464

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$739,043

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.