40 Idlewood Drive, Kitchener, ON

$850,000
MLS#:X11823405
3 beds
3 baths
8.0 parking
Residential Freehold
40 Idlewood Drive, Kitchener, ON N2A 1J1
⚠️

Property no longer active

This property was sold on December 10, 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 and vinyl siding construction, this residence presents an exceptional opportunity offered at $850,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 70 x 150 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient baseboard heating via other

Description

Welcome to 40 Idlewood Drive, Kitchener, Situated on an impressive 70 x 150 ft lot in the highly sought-after Stanley Park neighborhood. This property is ideal for investors, first-time homebuyers, or those seeking a space for multi-generational living. The expansive front yard provides excellent curb appeal & adds to the grandeur of this home. The 6-car driveway & 2-car garage with additional storage space & an extra access door make this property ideal for families or car enthusiasts, offering parking for up to 8 vehicles in total. Inside, the home welcomes you with a spacious layout, featuring an airy & bright Living Room, a formal dining room & a well-equipped kitchen with ample cabinetry, included appliances & an adjacent breakfast area. A main-floor powder room & a rough-in for laundry add convenience to everyday living. it offers 3 generously sized bedrooms, every room comes with its own ample closet space. A 4pc bathroom completes the main floor. The fully finished basement is a versatile space, & features a large recreation area with a wet bar, a 4pc bathroom, and a substantial utility room that offers endless potential for customization. Additional features include a boiler system for heating, central air conditioning & a garage attic with forced-air provisions for the AC. The backyard is a private retreat, with no rear neighbors, offering plenty of room for outdoor activities, entertaining, or simply relaxing. The size and privacy of the lot make it truly exceptional. This home is nestled in a vibrant community with walking trails & Its also conveniently located close to schools, parks, shopping & dining, ensuring a balanced lifestyle. Please note, the property requires some care and updates and is being sold as-is, presenting a fantastic opportunity for buyers to personalize the home to their tastes. With its rare lot size, abundant parking & desirable location, this property is a must-see. Schedule your private viewing today!

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Property Summary

This detached home located at 40 Idlewood Drive, Kitchener is currently for sale and has been available on SousaSells for 612 days. This property is listed at $850,000 with an estimated mortgage of $2,829* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 40 Idlewood 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
  • Desirable Detached architecture in Kitchener
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
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 10, 2024
Sold price information is available to members only
Listed Date12/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size70 × 150 Feet
CountyWaterloo
Annual Tax$4,951.3
Legal DescriptionLT 27 PL 1069 KITCHENER; S/T 220593; KITCHENER

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceOther
Heat TypeBaseboard
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Softener

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 40 Idlewood Drive, Kitchener, ON

Q.What is the asking price for 40 Idlewood Drive, Kitchener, ON ?

The current listing price for 40 Idlewood Drive, Kitchener, ON in Kitchener is $850,000.

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

This property features 3 bedrooms and 3 bathrooms.

Q.What property type and architectural style is 40 Idlewood Drive, Kitchener, ON ?

40 Idlewood Drive, Kitchener, ON is a Detached (Bungalow) featuring a Full, 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 8.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Other and cooling via Central Air.

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40 Idlewood 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 40 Idlewood Drive, Kitchener, ON N2A 1J1

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$255,000 (30.0%)
* Minimum Canadian down payment required for this price is $60,000.
Amortization Period30 Years
Estimated Monthly Payment$2,829Based on a loan of $595,000 over 30 years.
Purchase Price$850,000
Loan Amount$595,000
Provincial Land Transfer Tax:$13,475
Total Estimated Closing Taxes:$13,475

About Purchasing a Home in Kitchener, ON

For a property listed at $850,000 in Kitchener, the legal minimum down payment is $60,000 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 $13,475 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 $13,475.

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.