23 Fairlawn Rd

Kitchener, N2C 1X8
FOR SALE
$725,000
23 Fairlawn Rd, Kitchener
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
3 + 4
ROOMS
X11980985
MLSID
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Property Description
Welcome to 23 Fairlawn Rd beautifully maintained 3-bedroom, 2 bathroom Freehold Detached Home, ready for your family to move in and make lasting memories. This carpet free home Nestled in a peaceful, Quiet and convenient area. Recently Renovated, new kitchen , new stove, dishwasher, fridge and new furnace ,ac coil, water softener, HWT and RO 2022. it offers the perfect blend of convenience being close to all amenities and the tranquility of an established mature neighborhood. With three bedrooms filled with natural light, and this home is perfect for growing families. you're just minutes from Fairview Park Mall, schools, parks, dining, and easy access to public transit and the Expressway. With its spacious backyard and untapped possibilities, this home is a must-see for first-time buyers and investors alike.
Property Features
Hospital, Park, Public Transit, School, School Bus Route
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
47' x 116'
Fronting
South
Taxes
$3,538 (2024)
Basement
Part Bsmt, Part Fin
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
Attached
Room Summary
RoomLevelSizeFeatures
Great RmMain11.91' x 20.34'
DiningMain11.15' x 8.83'
KitchenMain10.83' x 8.83'
Prim Bdrm2nd11.25' x 13.85'
2nd Br2nd11.25' x 10.40'
3rd Br2nd11.25' x 9.51'
GamesBsmt11.09' x 10.40'
Kitchener Market Statistics
Kitchener Price Trend
23 Fairlawn Rd is a 3-bedroom 2-bathroom home listed for sale at $725,000, which is $43,945 (5.7%) lower than the average sold price of $768,945 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $29,369 (3.7%) compared to the previous 30 day period (December 22 - January 20) and up $5,582 (0.7%) from the same time one year ago.
Inventory Change
There were 71 3-bedroom homes listed in Kitchener over the last 30 days (January 21 - February 19), which is up 136.7% compared with the previous 30 day period (December 22 - January 20) and up 31.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold $21,973 (2.9%) above asking price over the last 30 days (January 21 - February 19), which represents a $27,994 increase compared to the previous 30 day period (December 22 - January 20) and $3,818 more 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 (January 21 - February 19) stood at 64.8%, down from 90.0% over the previous 30 days (December 22 - January 20) and down from 122.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Kitchener stood at 29 days when successfully sold over the last 30 days (January 21 - February 19), compared to 66 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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