42 Newbury Drive, Kitchener, ON
Property Highlights
Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $824,999 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.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 45.58 x 111.61 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater, Water Softener, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 42 Newbury Drive, Kitchener! This well-maintained, move-in-ready home offers exceptional versatility for families and investors alike. Featuring 3 spacious bedrooms on the upper level and a legal 3-bedroom basement apartment with a separate entrance, separate laundry, and 2 full bathrooms in the basement, this property is ideal for multi-generational living or generating rental income. The home features no carpet throughout, making it both stylish and easy to maintain. Newly renovated bathrooms on the upper level and in the basement add a modern touch, while new blinds throughout the home provide a fresh, updated look. Additional improvements include a new roof (2018), central air conditioning and sump pump (2022), a NEST smart thermostat, and a central vacuum rough-in. Step outside to a fully fenced backyard complete with a deck and gazebo-an ideal space for entertaining, relaxing, or enjoying summer evenings with family and friends. Conveniently located in a desirable family-friendly neighborhood close to schools, parks, shopping, public transit, and major highways, this property offers the perfect blend of comfort, functionality, and investment potential. A rare opportunity to own a turnkey home with a legal basement apartment in one of Kitchener's sought-after communities. Don't miss it!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Public Transit, School
Interior Features
Water Heater, Water Softener, Carpet Free
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 42 Newbury Drive, Kitchener, ON N2N 2X6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $824,999 in Kitchener, the legal minimum down payment is $57,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,975 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,975.
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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.