38 Candle Cres
Kitchener, N2P 2K7
FOR SALE
$950,000
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Property Description
A meticulously maintained freehold townhouse with a double car garage located in the sought-after Settlers Grove community within the prestigious Deer Ridge neighbourhood of Kitchener. Upon entering, you are welcomed by a cozy foyer leading to a high-ceiling living room, formal dining area, and an upgraded kitchen featuring granite countertops, stainless steel appliances, and an adjoining dinette. The spacious family room, complete with a gas fireplace, provides ample space for both entertainment and relaxation. A charming sunroom overlooks the tranquil backyard, featuring a professionally finished composite deck, patio, and lush trees. The second floor boasts a primary bedroom with a vaulted ceiling, walk-in closet, and a 4-piece ensuite bathroom with a skylight. Additionally, there is a second bedroom and another 4-piece bathroom. The bonus loft/den offers versatility and can easily be converted into a third bedroom. Minutes away from Costco, shopping, and major highways.
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Extras
Buyers required to join the Settlers Grove Community Association approx $100/year and Audubon Community Association with approx $575/year for lawn maintenance. Backyard cannot be fenced and the unit only be rented to a single family.
Property Features
Golf, Grnbelt/Conserv, Park, Public Transit, School Bus Route
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Property Details
Street
City
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
28' x 108'
Acreage
< .50
Fronting
East
Taxes
$5,285 (2023)
Basement
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
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 20.90' x 14.67' | |
| Dining | Main | 12.27' x 9.81' | |
| Kitchen | Main | 10.10' x 12.27' | |
| Breakfast | Main | 6.92' x 12.27' | |
| Family | Main | 12.43' x 15.81' | |
| Powder Rm | Main | 4.36' x 5.12' | |
| Laundry | Main | 7.68' x 6.82' | |
| Sunroom | Main | 8.63' x 10.99' | |
| Prim Bdrm | 2nd | 14.96' x 13.06' | |
| Bathroom | 2nd | 8.40' x 10.07' | 4 Pc Ensuite |
| 2nd Br | 2nd | 11.91' x 11.22' | |
| Loft | 2nd | 10.30' x 12.66' |
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Kitchener Market Statistics
Kitchener Price Trend
38 Candle Cres is a 2-bedroom 3-bathroom townhome listed for sale at $950,000, which is $386,182 (68.5%) higher than the average sold price of $563,818 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 2 bedroom townhome in Kitchener increased by $28,818 (5.4%) compared to the previous 30 day period (March 1 - March 30) and down $15,123 (2.6%) from the same time one year ago.Inventory Change
There were 24 2-bedroom townhomes listed in Kitchener over the last 30 days (March 31 - April 29), which is up 118.2% compared with the previous 30 day period (March 1 - March 30) and up 71.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Kitchener typically sold ($1,445) (0.3%) below asking price over the last 30 days (March 31 - April 29), which represents a $3,455 increase compared to the previous 30 day period (March 1 - March 30) and $38,923 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 2-bedroom townhomes in Kitchener over the last 30 days (March 31 - April 29) stood at 45.8%, up from 45.5% over the previous 30 days (March 1 - March 30) and down from 121.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Kitchener stood at 30 days when successfully sold over the last 30 days (March 31 - April 29), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Engel & Volkers Waterloo Region
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