62 Ripley Crescent, Kitchener, ON

$838,888
MLS#:X9380654
6 beds
2 baths
2500-3000 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 construction, this residence presents an exceptional opportunity offered at $838,888 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.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 50 x 115 ft lot
  • Features a ["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: Solar Owned
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

EXCEPTIONAL OPPORTUNITY: LEGAL DUPLEX nestled in the sought-after FOREST HEIGHTS NEIGHBOURHOOD of Kitchener. This unique property presents a rare blend of charm and functionality, offering a LUCRATIVE INVESTMENT OR AN IDEAL SOLUTION FOR FIRST-TIME BUYERS seeking a mortgage helper. BOTH LEVELS OF THIS DUPLEX FEATURE THREE GENEROUSLY SIZED BEDROOMS AND A FULL BATHROOM, ensuring comfort and convenience for occupants. The main floor boasts a bright and airy living and dining area, seamlessly flowing into a SPACIOUS KITCHEN EQUIPPED WITH APPLIANCES. Adjacent to the kitchen is a dedicated laundry area, enhancing everyday ease. Step through A SEPARATE ENTRANCE TO DISCOVER THE PROFESSIONALLY FINISHED LOWER LEVEL, where you'll find a cozy living room highlighted by a warm gas fireplace. This level also includes three spacious bedrooms, a WELL-APPOINTED FULL BATHROOM, A LARGE KITCHEN, and ample storage solutions, including its own laundry facilities. A walkout from this level leads to the expansive rear yard, where a tiered deck and a SPRAWLING FENCED YARD provide an ideal setting for family gatherings and outdoor activities. Situated on a generous 50 x 115 lot, this property includes a SINGLE-CAR GARAGE AND ADDITIONAL PARKING FOR TWO VEHICLES in the driveway. Its prime location is just minutes from the picturesque Trail view Park & conveniently close to The Highland Hills Shopping Mall and the Ira Needles Boardwalk. Additionally, the property FEATURES SOLAR PANELS THAT ARE FULLY PAID FOR and participate in the MicroFIT Program, offering a steady income stream and reducing utility costs. This home is located in a highly desirable, mature neighbourhood w/access to excellent schools and convenient transit options. Dont miss this chance to own a well-rounded property that combines income potential with spacious living. Whether you're looking to enhance your investment portfolio or enjoy the benefits of a versatile living space, this duplex offers unmatched value & appeal.

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Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 22, 2024
Sold price information is available to members only
Listed Date10/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size50 × 115 Feet
CountyWaterloo
Annual Tax$4,505.81
Legal DescriptionLT 137 PL 1384 KITCHENER; KITCHENER

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Fenced Yard, Hospital, Library, Park, Place Of Worship

Community Features

Location

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62 Ripley Crescent, 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 62 Ripley Crescent, Kitchener, ON N2N 1V4

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$671,110.4
Monthly Mortgage$3,899
Property Tax (Est.)$375
Utilities & Maint.$350
Total Monthly Cost$4,624

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.