246 Deer Ridge Drive, Kitchener, ON

$1,199,900
MLS#:X9044705
3 beds
3 baths
3500-5000 sqft
4.0 parking
Residential Freehold
246 Deer Ridge Drive, Kitchener, ON N2P 2K5
⚠️

Property no longer active

This property was sold on August 7, 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 brick construction, this residence presents an exceptional opportunity offered at $1,199,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 68 x 118 ft lot
  • Features a finished 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 Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Quality living in the exclusive community of Deer Ridge Estates. Timeless classic white all brick BUNGALOW with 9 foot ceilings throughout main floor and old world craftsmanship. Three bedrooms on main floor, three bathrooms. In-law capabilities. Bright and spacious open main floor living space with formal dining room, elegant front living room as well as main floor Great room with gas fireplace and walk-out to patio makes this a perfect choice for easy functionality living with style & design. This home is conveniently located steps away from the Walter Been Grand River Trail, mins from the Prestigious Deer Ridge golf course and a mere 5 minutes away from Highway 401 and 35 minutes to Mississauga. Conveniently located to great restaurants, entertainment, and shopping. This classic bungalow transports you to tranquility and much privacy with Tower and 35 foot trees in your perfect size backyard for quick, easy maintenance. The fully finished basement is designed for entertainment with your very own high-end home theatre system, LG 4K ultra high definition Yamaha laser projection with 150 inch screen. Double car garage boasts rubber floor system and equipped with your very own electrical charging station.

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Property Summary

This detached home located at 246 Deer Ridge Drive, Kitchener is currently for sale and has been available on SousaSells for 749 days. This property is listed at $1,199,900 with an estimated mortgage of $3,994* per month. It has 3 beds, 3 bathrooms, and is 3500-5000 square feet. 246 Deer Ridge Drive, 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 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Kitchener.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Kitchener.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 7, 2024
Sold price information is available to members only
Listed Date7/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size68 × 118 Feet
CountyWaterloo
Annual Tax$7,338
Legal DescriptionPART BLOCK 13, PLAN 58M-84, BEING PART 66 ON 58R-11545, CITY OF KITCHENER.

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Softener

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 246 Deer Ridge Drive, Kitchener, ON

Q.What is the asking price for 246 Deer Ridge Drive, Kitchener, ON ?

The current listing price for 246 Deer Ridge Drive, Kitchener, ON in Kitchener is $1,199,900.

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

This property features 3 bedrooms and 3 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 246 Deer Ridge Drive, Kitchener, ON ?

246 Deer Ridge Drive, Kitchener, ON is a Detached (Bungalow) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Water Softener.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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246 Deer Ridge Drive, 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 246 Deer Ridge Drive, Kitchener, ON N2P 2K5

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$359,970 (30.0%)
* Minimum Canadian down payment required for this price is $239,980.
Amortization Period30 Years
Estimated Monthly Payment$3,994Based on a loan of $839,930 over 30 years.
Purchase Price$1,199,900
Loan Amount$839,930
Provincial Land Transfer Tax:$20,473
Total Estimated Closing Taxes:$20,473

About Purchasing a Home in Kitchener, ON

For a property listed at $1,199,900 in Kitchener, the legal minimum down payment is $239,980 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 $20,473 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 $20,473.

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.