111 Crosby Dr

Kitchener, N2B 2L1
FOR SALE
$799,999
111 Crosby Dr, Kitchener
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3 + 2
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
6 + 3
ROOMS
X9373000
MLSID
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Property Description
Investor Alert! Welcome to 111 Crosby Drive, a bright and spacious bungalow with incredible potential. This home is perfect for a handy homeowner or an investor looking to capitalize on a property with great bones and a desirable location. The main level features three carpet-free bedrooms, including a primary bedroom with an ensuite bathroom. The open-concept living and dining areas seamlessly lead to a large deck. Imagine the possibilities for creating a dream outdoor living space! The fully finished basement boasts a separate entrance and offers two additional bedrooms, each with its own 3-piece washroom, making it ideal for generating rental income. This separate entrance adds extra convenience and privacy, making it perfect for generating rental income or accommodating extended family members. With a large backyard and a pool, this property offers a unique chance for customization and enjoyment. Imagine transforming the backyard into your very own private oasis! Conveniently located near schools, shopping, and transit, this home has endless possibilities. This property requires some updating and repairs, which is reflected in the listing price. Don't miss out on this investment opportunity with great potential for the right buyer!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-05 2024-09-25 20 $859,000 - Terminated
2023-10-06 2024-02-29 146 $899,999 - Expired
2021-03-18 2021-04-06 19 $715,000 $800,000 Sold
Property Details
Street
Property Type
Detached, Bungalow-Raised
Lot Size
59' x 120'
Fronting
West
Taxes
$4,531 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
2
Driveway
Available
Garage Type
Attached
Kitchener Market Statistics
Kitchener Price Trend
111 Crosby Dr is a 3-bedroom 4-bathroom home listed for sale at $799,999, which is $52,682 (7.0%) higher than the average sold price of $747,317 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $50,839 (6.4%) compared to the previous 30 day period (September 1 - September 30) and up $14,855 (2.0%) from the same time one year ago.
Inventory Change
There were 88 3-bedroom homes listed in Kitchener over the last 30 days (October 1 - October 30), which is up 1.1% compared with the previous 30 day period (September 1 - September 30) and up 29.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold ($6,631) (0.9%) below asking price over the last 30 days (October 1 - October 30), which represents a $22,183 decrease compared to the previous 30 day period (September 1 - September 30) and ($87) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Kitchener over the last 30 days (October 1 - October 30) stood at 65.9%, up from 55.2% over the previous 30 days (September 1 - September 30) and down from 79.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Kitchener stood at 29 days when successfully sold over the last 30 days (October 1 - October 30), compared to 43 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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