268 Otterbein Road, Kitchener, ON

$999,900
MLS#:X9294757
3 beds
4 baths
1500-2000 sqft
4.0 parking
Residential Freehold
268 Otterbein Road, Kitchener, ON N2B 3W1
⚠️

Property no longer active

This property was sold on September 19, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium 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.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 45.24 x 109.19 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: ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in the highly desirable Otterbein area of Kitchener, this stunning home, built in 2021 by Ridgeview Homes, offers modern comfort and style. Spanning 1,881 square feet, this elegant property features three spacious bedrooms and four bathrooms, providing ample space for families of all sizes. The open-concept main floor is flooded with natural light, creating a warm and inviting atmosphere perfect for both everyday living and entertaining.The well-appointed kitchen, complete with sleek countertops and high-end appliances, flows seamlessly into the dining and living areas. Upstairs, the generous primary suite offers a luxurious ensuite bathroom, while two additional bedrooms share a thoughtfully designed full bath. A finished lower level adds versatile living space, ideal for a home office, gym, or recreation room.Outside, a newly built deck produces the space your family needs, providing a perfect setting for outdoor gatherings and comes equipped with a gas line for the bbq. The double-car garage offers convenience and ample storage. With its contemporary design and prime location, this home truly embodies modern living at its finest in one of Kitcheners most sought-after neighbourhoods. This home is also a 3 minute bike ride to the Walter Bean trail. Book your showing today to find out why this home is perfect for you!

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Property Summary

This detached home located at 268 Otterbein Road, Kitchener is currently for sale and has been available on SousaSells for 703 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 3 beds, 4 bathrooms, and is 1500-2000 square feet. 268 Otterbein Road, 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 4 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
  • 4 well-appointed bathrooms
  • 1500-2000 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
4
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 19, 2024
Sold price information is available to members only
Listed Date9/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size45.24 × 109.19 Feet
CountyWaterloo
Annual Tax$6,147.76
Legal DescriptionLOT 31, PLAN 58M651 SUBJECT TO AN EASEMENT FOR ENTRY AS IN WR1290528 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

  • ERV/HRV

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 268 Otterbein Road, Kitchener, ON

Q.What is the asking price for 268 Otterbein Road, Kitchener, ON ?

The current listing price for 268 Otterbein Road, Kitchener, ON in Kitchener is $999,900.

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

This property features 3 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 268 Otterbein Road, Kitchener, ON ?

268 Otterbein Road, Kitchener, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: ERV/HRV.

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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268 Otterbein Road, 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 268 Otterbein Road, Kitchener, ON N2B 3W1

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.

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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.

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.