16 Overlea Crescent, Kitchener, ON
Property no longer active
This property was sold on February 3, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $824,900 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 40.07 x 100.24 ft lot
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Heater, Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
NEWLY UPDATED LEGAL DUPLEX MAIN FLOOR VACANT, BASEMENT UNIT TENANTED UNTIL THE BEGINNING OF APRIL 2025: Experience the charm of urban living in this thoughtfully updated duplex, ideally situated in Kitchener's Forest Hill neighborhood.Ideal for first-time buyers, savvy investors, and house hacking enthusiasts, this property offers a rare blend of substantial investment potential and refined living. This prime investment opportunity features 2 meticulously designed units that seamlessly combine comfort and functionality. The main level of this bungalow boasts a spacious 3-bedroom layout with an eat-in kitchen, a 3-pce bath, inviting living and dining rooms, and the convenience of in-suite laundry. The walk-out lower unit with separate entrance, offers a versatile potential 3-bedroom layout, complete with an eat-in kitchen, both a 4-pce and a 3-pce bathroom, living room with walk out access to the backyard, and in-suite laundry. Outside, an expansive private backyard with mature trees creates a serene environment for relaxation or entertaining. Additional highlights include a fenced backyard with a storage shed, a covered back porch and patio, and parking for up to three vehicles, offering both practicality and outdoor enjoyment. This home is ideally located near parks, schools, and community centres. Highland Hills Mall is 3 minutes away, Sunrise Shopping Centre is 5 minutes, and St. Marys Hospital is just a 4-minute drive. The University of Waterloo, Wilfrid Laurier University, and Grand River Hospital are all within 10 minutes. With easy access to public transportation, Highway 8, and the 401, this property ensures convenient connectivity. The Kitchener GO Transit Station is only 10 minutes away, making it perfect for commuters. This home offers a blend of location, convenience, and functionality.
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Property Summary
This duplex located at 16 Overlea Crescent, Kitchener is currently for sale and has been available on SousaSells for 568 days. This property is listed at $824,900 with an estimated mortgage of $2,746* per month. It has 6 beds, 3 bathrooms, and is 700-1100 square feet. 16 Overlea Crescent, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
- •6 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Rec./Commun.Centre
- School
- Park
- Public Transit
- Hospital
- Place Of Worship
Interior Features
- Water Heater
- Water Softener
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 16 Overlea Crescent, Kitchener, ON
Q.What is the asking price for 16 Overlea Crescent, Kitchener, ON ?
The current listing price for 16 Overlea Crescent, Kitchener, ON in Kitchener is $824,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 3 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 16 Overlea Crescent, Kitchener, ON ?
16 Overlea Crescent, Kitchener, ON is a Duplex (Bungalow) featuring a Finished with Walk-Out, Separate Entrance basement.
Q.What key property features does 16 Overlea Crescent, Kitchener, ON offer?
Key property features include: Rec./Commun.Centre, School, Park, Public Transit, Hospital, Place Of Worship.
Q.What interior features are included in this home?
Interior highlights include: Water Heater, Water Softener.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
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 16 Overlea Crescent, Kitchener, ON N2M 5A9
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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 $824,900 in Kitchener, the legal minimum down payment is $57,490 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 $12,973 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 $12,973.
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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.