265 Gravel Ridge Trail, Kitchener, ON

$999,900
MLS#:X8436672
4 beds
3 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $999,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 40.1 x 101.89 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 265 Gravel Ridge Trail, nestled in the prestigious neighborhood of Laurentian Hills, Kitchener. This luxury property is enhanced by stunning landscaping & prime location. The grand entrance welcomes you into a spacious & inviting foyer. The main level, with its 9ft ceilings, features an open-concept design that integrates the dining, kitchen & living areas. An additional sitting room offers versatile space, perfect for a home office, library, or playroom. The kitchen boasts extensive cabinetry, Quartz Counters, SS Appliances, Stylish backsplash, under-cabinet lighting & a substantial center island ideal for entertaining. Adjacent is a walk-in pantry provides ample storage. The dining room, designed for memorable family gatherings, flows effortlessly into the cozy living room, which is anchored by a 3-sided gas fireplace, creating a warm atmosphere. This is a Smart home with WiFi-controlled switches & phone-operated garage door. Upstairs, a bonus space offers the flexibility for a 2nd living area or a home office. This level includes 4 generously sized bedrooms, each with spacious closets. The master suite is a true retreat, featuring an impressive walk-in closet & a luxurious 5pc ensuite. An additional 5pc shared bathroom completes the 2nd floor. The walkout basement, currently unfinished, presents a fantastic opportunity for additional income or multi-generational living. It can easily be converted into a legal duplex or an in-law suite, providing endless possibilities. Outdoor living is equally impressive, that offers breathtaking views. The expansive, fully fenced backyard is perfect for summer activities & entertaining, featuring a raised deck ideal for hosting family gatherings. This property is ideally located, with easy access to Highways 7, 8 & 401. Top-rated schools, shopping, parks & trails are just minutes away. Don't miss the chance to see this exceptional property in person. Book your showing today & experience the charm of this house.

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Property Summary

This detached home located at 265 Gravel Ridge Trail, Kitchener is currently for sale and has been available on SousaSells for 759 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 4 beds, 3 bathrooms, and is 2500-3000 square feet. 265 Gravel Ridge Trail, Kitchener

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 27, 2024
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding, Brick
BasementFull, Unfinished
Lot Size40.1 × 101.89 Feet
CountyWaterloo
Annual Tax$6,745.98
Legal DescriptionLOT 9, PLAN 58M544 SUBJECT TO AN EASEMENT FOR ENTRY AS IN WR951373 CITY OF KITCHENER

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Central Vacuum, Sump Pump, Water Heater, Water Softener

Security Features

Community Features

Location

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265 Gravel Ridge Trail, Kitchener, ON

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 265 Gravel Ridge Trail, Kitchener, ON N2E 0C5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$299,970 (30.0%)
* Minimum Canadian down payment required for this price is $74,990.
Amortization Period30 Years
Estimated Monthly Payment$3,328Based on a loan of $699,930 over 30 years.
Purchase Price$999,900
Loan Amount$699,930
Provincial Land Transfer Tax:$16,473
Total Estimated Closing Taxes:$16,473

About Purchasing a Home in Kitchener, ON

For a property listed at $999,900 in Kitchener, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.

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City & 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$759,593

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%

Local Schools Guide

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
Country Hills
Public195 Country Hill Drive, Country Hills, Kitchener, Ontario, N2E 2G7
4.4

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

Homes & Housing

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.