114 Rivertrail Ave

Kitchener, N2A 0H9
FOR SALE
$1,099,900
114 Rivertrail Ave, Kitchener
114 Rivertrail Ave
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3
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
10 + 4
ROOMS
X11946830
MLSID
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Property Description
Welcome to 114 Rivertrail Avenue, Kitchener, Nestled in a picturesque setting just steps from Eden Oak Park, this stunning home is situated in one of Kitcheners most sought-after areasrenowned for its natural beauty, proximity to the Grand River & scenic walking trails. Offering 3-bedroom, 4 bathroom home is a testament to quality craftsmanship. Step inside & experience a seamless flow of space in the open-concept main floor. The heart of the home is the kitchen, featuring sleek soft-close cabinetry, a spacious centre island, a gas cooktop & luxurious granite countertops. The living room is a showstopper, with floating shelves & a built-in wall unit. From here, sliding doors lead to a full-width composite deck. Ascend the elegant oak staircase to the carpet-free 2nd level. The primary suite is a private oasis, complete with a luxurious 3pc ensuite, adorned with floor-to-ceiling porcelain tile for a spa-like ambiance. 2 additional generously sized bedrooms & a well-appointed bathroom complete this level. Adding to the home's versatility, the loft space, illuminated by a skylight, offers the perfect setting for an upper-level entertainment area, reading nook, or home office. Designed for multi-generational living or additional rental income, the walkout legal duplex basement is an incredible asset. The exposed aggregate walkway & patio lead to a private rear entrance. This space features a wet bar with cabinetry and granite countertops, a 3pc bathroom, separate laundry & a Murphy bed, maximizing both function & space. Whether for extended family, guests, or an investment opportunity, this lower level adds immense value. Step outside to private, fully fenced backyard, complete with a raised deck & patioperfect for summer bbq's, hosting gatherings, or simply unwinding with family & friends. This house offers versatile living spaces & income potential, Dont miss out on this exceptional opportunityschedule your showing today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-08 2022-04-18 10 $975,000 - Terminated
Property Details
Property Type
Detached, 2-Storey
Lot Size
30' x 101'
Fronting
North
Taxes
$6,071 (2024)
Basement
Fin W/O, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
BathroomMain5.68' x 5.09'2 Pc Bath
KitchenMain13.09' x 10.99'
LivingMain11.75' x 13.48'
DiningMain7.84' x 13.48'
Bathroom2nd8.20' x 7.87'3 Pc Bath
Bathroom2nd7.87' x 4.92'4 Pc Bath
Prim Bdrm2nd11.81' x 10.99'
2nd Br2nd14.24' x 9.91'
3rd Br2nd14.11' x 9.51'
RecBsmt18.70' x 11.81'
BathroomBsmt7.87' x 4.92'3 Pc Bath
UtilityBsmt6.23' x 8.20'
Kitchener Market Statistics
Kitchener Price Trend
114 Rivertrail Ave is a 3-bedroom 4-bathroom home listed for sale at $1,099,900, which is $602,187 (121.0%) higher than the average sold price of $497,713 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $205,002 (29.2%) compared to the previous 30 day period (November 19 - December 18) and down $251,753 (33.6%) from the same time one year ago.
Inventory Change
There were 28 3-bedroom homes listed in Kitchener over the last 30 days (December 19 - January 17), which is down 54.8% compared with the previous 30 day period (November 19 - December 18) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold ($147) (0.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $2,323 increase compared to the previous 30 day period (November 19 - December 18) and $6,620 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 (December 19 - January 17) stood at 585.7%, up from 141.9% over the previous 30 days (November 19 - December 18) and up from 93.8% 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 21 days when successfully sold over the last 30 days (December 19 - January 17), compared to 95 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Twin City Realty Inc.
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