40 Kelly Drive, Kitchener, ON

$659,000
MLS#:X11882113
3 beds
1 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick front and wood construction, this residence presents an exceptional opportunity offered at $659,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 50 x 120 ft lot
  • Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener, Workbench
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Imagine waking up each morning in the peaceful embrace of 40 Kelly Dr, where the soft sounds of nature greet you through the window. The cozy bungalow, with its charming architecture and inviting layout, becomes a sanctuary for relaxation and family gatherings. Picture yourself enjoying a warm cup of coffee on the front porch, surrounded by the lush greenery of the Forest Hill area, where the air is fresh, and the community is welcoming.As the day unfolds, take leisurely strolls down tree-lined streets, where friendly neighbors wave and children play in nearby parks. The vibrant atmosphere of Kitchener is just around the corner, offering delightful cafes, local shops, and vibrant markets to explore. In the evenings, gather with loved ones in the spacious backyard, where laughter and good food fill the air, creating memories that will last a lifetime.Living in this bungalow means embracing a lifestyle that values comfort, community, and connection to nature. The potential for a basement apartment allows for flexibility whether hosting family visits or generating rental income, you'll find that this home adapts to your needs.In Forest Hill, every day feels like a retreat, where you can easily balance the hustle and bustle of city life with the tranquility of your own space. It's not just a place to live; it's a place to thrive.

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Key Features

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

Additional Details

StatusSold
Sold DateJanuary 23, 2025
Sold price information is available to members only
Listed Date12/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick Front, Wood
Lot Size50 × 120 Feet
CountyWaterloo
Annual Tax$4,047.59
Legal DescriptionLT 63 PL 1196 KITCHENER; S/T 324214; KITCHENER

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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40 Kelly Drive, Kitchener, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Kitchener.

Verified Local Data
Population575,847
Median Age38 Yrs
Ownership65% Owners
Avg Area List Price$679,518

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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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 40 Kelly Drive, Kitchener, ON N2M 1V6

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.

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Financial Audit

Estimated Costs

Loan Amount$527,200
Monthly Mortgage$3,063
Property Tax (Est.)$337
Utilities & Maint.$350
Total Monthly Cost$3,750

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.

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.