199 Forest Creek Dr
Kitchener, N2P 2R3
FOR SALE
$1,499,000
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BEDROOMS4
BATHROOMS1 + 1
KITCHENS14
ROOMSX11933650
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Property Description
Stunning November 2021-Built Kenmore Home in the prestigious neighbourhood of doon south! Discover this modern gem boasting exceptional curb appeal, high-end finishes, and a bright, open-concept design. Oversized family room on the upper floor, complete with modern amenities boasting 9.5ft ceilings. The heart of the home is its exquisite kitchen, thoughtfully designed with all the features you need for both everyday living and entertaining. Situated on a premium lot, this home offers a rare walkout basement with 9-ft ceilings. The fully finished walkout basement features a beautifully upgraded 2-bedroom apartment, complete with a sleek kitchen and a full bathroom and separate laundry. With rental income potential of approximately $2,200/month (based on neighbourhood comparables), this space is perfect for generating additional income or accommodating extended family. This home is the perfect blend of style, comfort & opportunity-don't miss out! **EXTRAS** Separate concrete passage to walkout basement apartment. Walking distance from JW Gerth Public School.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-10-07 | 2022-10-26 | 19 | $1,499,000 | $1,245,000 | Sold |
2022-08-09 | 2022-10-01 | 53 | $1,250,000 | - | Terminated |
2022-08-09 | 2022-08-19 | 11 | $1,250,000 | - | Suspended |
2022-03-30 | 2022-04-24 | 26 | $1,549,000 | $1,560,000 | Sold |
2022-02-22 | 2022-03-29 | 35 | $1,699,999 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
40' x 98'
Fronting
West
Taxes
$7,504 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Attached
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Kitchener Market Statistics
Kitchener Price Trend
199 Forest Creek Dr is a 4-bedroom 4-bathroom home listed for sale at $1,499,000, which is $467,059 (45.3%) higher than the average sold price of $1,031,941 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 4 bedroom home in Kitchener increased by $355,536 (52.6%) compared to the previous 30 day period (December 20 - January 18) and up $186,719 (22.1%) from the same time one year ago.Inventory Change
There were 38 4-bedroom homes listed in Kitchener over the last 30 days (January 19 - February 17), which is up 35.7% compared with the previous 30 day period (December 20 - January 18) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kitchener typically sold ($25,882) (2.5%) below asking price over the last 30 days (January 19 - February 17), which represents a $21,026 decrease compared to the previous 30 day period (December 20 - January 18) and $2,550 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 4-bedroom homes in Kitchener over the last 30 days (January 19 - February 17) stood at 44.7%, down from 132.1% over the previous 30 days (December 20 - January 18) and down from 87.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Kitchener stood at 43 days when successfully sold over the last 30 days (January 19 - February 17), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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