266 Overlea Drive, Kitchener, ON

$375,000
MLS#:X11922321
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $375,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Storage
  • equipped with ["none"] central cooling and highly efficient baseboard heating via other

Looking for a GREAT starter home? Or "Downsizing"? Convenient and sought-after Forest Hill located Gem in Kitchener. Welcome to this rare find, 266 Overlea Dr. "Midrise Condo" unit nestled in a small, professionally managed complex. Original owners for 25yrs, never rented! This open-concept home features a spacious living room, two good size bedrms, one bathroom, separate in-suite laundry w/ large stackable washer & dryer, storage, and parking spaces included- offering ultimate ease of living. Beautifully maintained, freshly quality painted & carpets professionally cleaned. Spotless unit!! Offering a neutral decor ready for your personal touch. Brand new awesome balconies, w/ Southern Exposure The living rm & Dining rm are bright and spacious. The bright eat-in kitchen comes equipped w/newer appliances, making meal preparation a joy! Very low utility costs - only 128.00 per month. Equal payment billing includes all hydro & hot-water. The designated parking is owned with unit, no additional rental fees. Plenty of visitor parking will make having guests easy. Location is truly unbeatable. Situated adjacent to Super Centre shopping & all top amenities. Spend your time enjoying nature in close by Monarch Woods, try your hand at tennis at Fischer Park or enjoy an easy bike ride along one of the many trails to Victoria Park and downtown Kitchener. Walking distance to great public schools & Forest Heights Collegiate, convenient HWY access & proximity to public transit. Ideal for a first-time buyer looking to step into home-ownership or an investor seeking a lucrative opportunity. Dont miss out on the chance to make this charming condo your own. Available immediately or flexible!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 29, 2025
Sold price information is available to members only
Listed Date1/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyWaterloo
Annual Tax$1,744

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Community Features

Location

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266 Overlea 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 266 Overlea Drive 404, Kitchener, ON N2M 5N3

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$300,000
Monthly Mortgage$1,743
Property Tax (Est.)$145
Utilities & Maint.$350
Total Monthly Cost$2,238

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$739,347

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.