18 JAY Court, Kitchener, ON

$749,000
MLS#:X9345307
5 beds
2 baths
1500-2000 sqft
4.0 parking
Residential Freehold
18 JAY Court, Kitchener, ON N2E 1P8
⚠️

Property no longer active

This property was sold on September 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $749,000 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 21.71 x 133.9 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 18 Jay Court, VACANT LEGAL DUPLEX that was completely renovated in 2019. Perfect for multi-generational living or as a mortgage helper, the upper unit has three spacious bedrooms, while the lower unit features two. Both units offer durable LVP flooring along with beautifully refinished original hardwood. Kitchens are equipped with stainless steel appliances and glass tile backsplashes, perfect for those who enjoy cooking. Each unit also includes an Electrolux washer and dryer for added convenience. Each unit is serviced by two separate 125-amp electrical panel, with a new furnace and water heater installed in 2021. The spray-foam insulated basement had its windows replaced in 2019, improving energy efficiency throughout the home. The backyard offers the potential for an Accessory Dwelling Unit (ADU), which could create up to four units total on the property. A spacious shed adds extra storage, while the patio provides a perfect spot for outdoor entertainment. The double-wide driveway accommodates 4+ vehicles. Tucked away on a quiet court, the home backs onto the McLennan Trail with easy access to McLennan Park and nearby schools, making this a perfect family-friendly location.

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Property Summary

This detached home located at 18 JAY Court, Kitchener is currently for sale and has been available on SousaSells for 694 days. This property is listed at $749,000 with an estimated mortgage of $2,493* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 18 JAY Court, Kitchener

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Kitchener.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Kitchener.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 27, 2024
Sold price information is available to members only
Listed Date9/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionOther
BasementFinished
Lot Size21.71 × 133.9 Feet
CountyWaterloo
Annual Tax$4,034.87
Legal DescriptionLT 61 PL 1335 KITCHENER S/T 468380

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 18 JAY Court, Kitchener, ON

Q.What is the asking price for 18 JAY Court, Kitchener, ON ?

The current listing price for 18 JAY Court, Kitchener, ON in Kitchener is $749,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 18 JAY Court, Kitchener, ON ?

18 JAY Court, Kitchener, ON is a Detached (Bungalow) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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18 JAY Court, Kitchener, ON

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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 18 JAY Court, Kitchener, ON N2E 1P8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.

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Interest Rate4.00%
Down Payment$224,700 (30.0%)
* Minimum Canadian down payment required for this price is $49,900.
Amortization Period30 Years
Estimated Monthly Payment$2,493Based on a loan of $524,300 over 30 years.
Purchase Price$749,000
Loan Amount$524,300
Provincial Land Transfer Tax:$11,455
Total Estimated Closing Taxes:$11,455

About Purchasing a Home in Kitchener, ON

For a property listed at $749,000 in Kitchener, the legal minimum down payment is $49,900 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 $11,455 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 $11,455.

Kitchener Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$781,951

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%

Best Schools in Kitchener

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
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
Rockway
Public110 Doon Road, Rockway, Kitchener, Ontario, N2G 3C8
3.6

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
Cameron Heights
Public301 Charles Street East, King East, Kitchener, Ontario, N2G 2P8
7.5

Kitchener Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.