62 Ripley Crescent, Kitchener, ON
Property no longer active
This property was sold on October 22, 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 $838,888 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.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 50 x 115 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Solar Owned
- Efficient baseboard heating via electric
Description
EXCEPTIONAL OPPORTUNITY: LEGAL DUPLEX nestled in the sought-after FOREST HEIGHTS NEIGHBOURHOOD of Kitchener. This unique property presents a rare blend of charm and functionality, offering a LUCRATIVE INVESTMENT OR AN IDEAL SOLUTION FOR FIRST-TIME BUYERS seeking a mortgage helper. BOTH LEVELS OF THIS DUPLEX FEATURE THREE GENEROUSLY SIZED BEDROOMS AND A FULL BATHROOM, ensuring comfort and convenience for occupants. The main floor boasts a bright and airy living and dining area, seamlessly flowing into a SPACIOUS KITCHEN EQUIPPED WITH APPLIANCES. Adjacent to the kitchen is a dedicated laundry area, enhancing everyday ease. Step through A SEPARATE ENTRANCE TO DISCOVER THE PROFESSIONALLY FINISHED LOWER LEVEL, where you'll find a cozy living room highlighted by a warm gas fireplace. This level also includes three spacious bedrooms, a WELL-APPOINTED FULL BATHROOM, A LARGE KITCHEN, and ample storage solutions, including its own laundry facilities. A walkout from this level leads to the expansive rear yard, where a tiered deck and a SPRAWLING FENCED YARD provide an ideal setting for family gatherings and outdoor activities. Situated on a generous 50 x 115 lot, this property includes a SINGLE-CAR GARAGE AND ADDITIONAL PARKING FOR TWO VEHICLES in the driveway. Its prime location is just minutes from the picturesque Trail view Park & conveniently close to The Highland Hills Shopping Mall and the Ira Needles Boardwalk. Additionally, the property FEATURES SOLAR PANELS THAT ARE FULLY PAID FOR and participate in the MicroFIT Program, offering a steady income stream and reducing utility costs. This home is located in a highly desirable, mature neighbourhood w/access to excellent schools and convenient transit options. Dont miss this chance to own a well-rounded property that combines income potential with spacious living. Whether you're looking to enhance your investment portfolio or enjoy the benefits of a versatile living space, this duplex offers unmatched value & appeal.
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Property Summary
This detached home located at 62 Ripley Crescent, Kitchener is currently for sale and has been available on SousaSells for 672 days. This property is listed at $838,888 with an estimated mortgage of $2,792* per month. It has 6 beds, 2 bathrooms, and is 2500-3000 square feet. 62 Ripley Crescent, Kitchener
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
- •6 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- Hospital
- Library
- Park
- Place Of Worship
Interior Features
- Solar Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 62 Ripley Crescent, Kitchener, ON
Q.What is the asking price for 62 Ripley Crescent, Kitchener, ON ?
The current listing price for 62 Ripley Crescent, Kitchener, ON in Kitchener is $838,888.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 2 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 62 Ripley Crescent, Kitchener, ON ?
62 Ripley Crescent, Kitchener, ON is a Detached (Bungalow) featuring a Finished basement.
Q.What key property features does 62 Ripley Crescent, Kitchener, ON offer?
Key property features include: Fenced Yard, Hospital, Library, Park, Place Of Worship.
Q.What interior features are included in this home?
Interior highlights include: Solar Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 62 Ripley Crescent, Kitchener, ON N2N 1V4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $838,888 in Kitchener, the legal minimum down payment is $58,889 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 $13,253 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 $13,253.
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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.