23 Forfar Ave

Kitchener, N2B 2Z7
FOR SALE
$1,190,000
23 Forfar Ave, Kitchener
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4 + 1
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
8 + 1
ROOMS
X9259634
MLSID
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Property Description
MUST SEE!!!! Gorgeous 4 Bedroom 3 Washroom Home Situated on the most prestigious location of Kitchener. The house has a finished Basement with 1 Bedroom and a side Entrance. The main floor has a wide entrance, Oak Hardwood Flooring, 9-foot ceilings, Oak Stairs with iron Pickets, Crown Moldings & Custom Cabinetry. No sidewalk. HUGE Master includes 5pc Ensuite and Walk-In Closet. This house features over 2400 sq ft, plus a finished basement over 900 sq ft. High quality finishes outside include all brick, stone, and stucco, plenty of pot lights, a double garage with 4 car driveways, a total of 6 Parking, a 200A electric panel, ready for electric CAR CHARGER for your feature vehicle, a fully fenced yard which makes this home perfect for big families. White designer kitchen with high-end stainless steel Samsung appliances, island and quartz countertops, and extra storage space for all your needs. High-efficiency furnace, AC, tankless water heater, water softener, and LED lighting throughout this home. Large laundry room with a tub, quartz countertops, and cabinets on the same floor for your convenience. The basement is a great opportunity for multi-generational families, separate side entrance, cold room, 9 ft ceilings, a huge rec room, a bedroom with an extra-large closet, a small kitchen, a 4pc bath, and another laundry room.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-13 2023-08-24 72 $1,199,999 - Terminated
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
46' x 97'
Acreage
< .50
Fronting
East
Taxes
$5,880 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Kitchener Market Statistics
Kitchener Price Trend
23 Forfar Ave is a 4-bedroom 4-bathroom home listed for sale at $1,190,000, which is $178,067 (17.6%) higher than the average sold price of $1,011,933 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 4 bedroom home in Kitchener increased by $39,002 (4.0%) compared to the previous 30 day period (September 27 - October 26) and up $84,829 (9.1%) from the same time one year ago.
Inventory Change
There were 45 4-bedroom homes listed in Kitchener over the last 30 days (October 27 - November 25), which is down 13.5% compared with the previous 30 day period (September 27 - October 26) and up 9.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Kitchener typically sold ($8,287) (0.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $11,930 increase compared to the previous 30 day period (September 27 - October 26) and ($2,210) 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 (October 27 - November 25) stood at 71.1%, up from 55.8% over the previous 30 days (September 27 - October 26) and up from 46.3% 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 13 days when successfully sold over the last 30 days (October 27 - November 25), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Rigmaxx Realty Inc.
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