255 Bedford Rd
Kitchener, N2G 3A7
FOR SALE
$730,000
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Property Description
Welcome to this amazing single detached bungalow with an attached garage, sitting on an expansive lot 53.30 x 215. Conveniently located in a central area with easy access to the highway and downtown Kitchener, this home is just steps away from a golf course and the YMCA. Inside, youll find a well-designed layout featuring 2 bedrooms, 2 bathrooms, and a spacious living room with a cozy gas fireplace. The kitchen offers plenty of counter space, perfect for cooking. The dining room is ideal for family meals. The unfinished basement provides incredible potential to customize to your taste. A rare find in an unbeatable location!
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Property Features
Golf, Hospital, Public Transit, Rec Centre, School Bus Route, Wooded/Treed
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
53' x 188'
Lot Irregularities
53.30 by 215.47 and 188.64
Fronting
East
Taxes
$3,945 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
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Kitchener Market Statistics
Kitchener Price Trend
255 Bedford Rd is a 2-bedroom 2-bathroom home listed for sale at $730,000, which is $328,000 (81.6%) higher than the average sold price of $402,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Kitchener declined by $213,000 (34.6%) compared to the previous 30 day period (November 19 - December 18) and down $313,000 (43.8%) from the same time one year ago.Inventory Change
There were 4 2-bedroom homes listed in Kitchener over the last 30 days (December 19 - January 17), which is down 50.0% compared with the previous 30 day period (November 19 - December 18) and up 300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Kitchener typically sold ($4,000) (1.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $39,010 decrease compared to the previous 30 day period (November 19 - December 18) and ($10,000) 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 2-bedroom homes in Kitchener over the last 30 days (December 19 - January 17) stood at 575.0%, up from 162.5% over the previous 30 days (November 19 - December 18) and up from 300.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Kitchener stood at 14 days when successfully sold over the last 30 days (December 19 - January 17), compared to 40 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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