111 Crosby Drive, Kitchener, ON
Property no longer active
This property was sold on November 2, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium aluminum siding and stone construction, this residence presents an exceptional opportunity offered at $799,999 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.
- 5 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Premium 59 x 120 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Investor Alert! Welcome to 111 Crosby Drive, a bright and spacious bungalow with incredible potential. This home is perfect for a handy homeowner or an investor looking to capitalize on a property with great bones and a desirable location. The main level features three carpet-free bedrooms, including a primary bedroom with an ensuite bathroom. The open-concept living and dining areas seamlessly lead to a large deck. Imagine the possibilities for creating a dream outdoor living space! The fully finished basement boasts a separate entrance and offers two additional bedrooms, each with its own 3-piece washroom, making it ideal for generating rental income. This separate entrance adds extra convenience and privacy, making it perfect for generating rental income or accommodating extended family members. With a large backyard and a pool, this property offers a unique chance for customization and enjoyment. Imagine transforming the backyard into your very own private oasis! Conveniently located near schools, shopping, and transit, this home has endless possibilities. This property requires some updating and repairs, which is reflected in the listing price. Don't miss out on this investment opportunity with great potential for the right buyer!
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Property Summary
This detached home located at 111 Crosby Drive, Kitchener is currently for sale and has been available on SousaSells for 676 days. This property is listed at $799,999 with an estimated mortgage of $2,663* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 111 Crosby Drive, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
- •5 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •Desirable Detached architecture in Kitchener
Growing families needing multi-bedroom flexibility and space in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- In-Law Suite
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 111 Crosby Drive, Kitchener, ON
Q.What is the asking price for 111 Crosby Drive, Kitchener, ON ?
The current listing price for 111 Crosby Drive, Kitchener, ON in Kitchener is $799,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 4 bathrooms.
Q.What property type and architectural style is 111 Crosby Drive, Kitchener, ON ?
111 Crosby Drive, Kitchener, ON is a Detached (Bungalow-Raised) featuring a Finished, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Suite.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 111 Crosby Drive, Kitchener, ON N2B 2L1
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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 $799,999 in Kitchener, the legal minimum down payment is $55,000 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 $12,475 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 $12,475.
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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.