43 - 10 South Creek Dr
Kitchener, N2R 1N3
FOR SALE
$586,900
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Property Description
Welcome to South Creek Towns by Crescent Homes! Nestled in the sought-after Doon neighborhood of Kitchener, this development offers spacious flats & 2-storey style units. The stunning Moffat floor plan offers 1,099 square feet of living space in a 2-storey unit featuring an open-concept layout. This includes a spacious kitchen, dining area, family room, laundry facilities, and a beautiful balcony. Upstairs, you'll find two generously sized bedrooms and two full bathrooms, including a master ensuite. Unit features include carpet-free floors (except stairs), upgraded kitchen cabinets, S/S kitchen appliances, and quartz countertops. Each block includes four unique models, all with at least 2 bedrooms and 2 bathrooms, ready for occupancy by early 2025. The lower units are designed as single-level layouts, eliminating the need for stairs, while the upper units feature 2-storey designs with 2.5 bathrooms. All units include in-suite laundry and a free parking spot. Minutes to HWY 401, No assignment fees, Option to lease during occupancy and close to local amenities, this location is a fantastic choice for investors & First-Time Home Buyers. Achieve your homeownership dream with just a 5% deposit and a closing date in 2025.
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Property Details
Street
City
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
1000-1199
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Surface
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | 2nd | 8.50' x 8.01' | |
Living | 2nd | 13.91' x 11.75' | |
Prim Bdrm | 3rd | 12.76' x 10.40' | |
2nd Br | 3rd | 11.75' x 8.99' |
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Kitchener Market Statistics
Kitchener Price Trend
43 - 10 South Creek Dr is a 2-bedroom 3-bathroom townhome listed for sale at $586,900, which is $79,100 (15.6%) higher than the average sold price of $507,800 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom townhome in Kitchener declined by $65,200 (11.4%) compared to the previous 30 day period (September 27 - October 26) and down $93,700 (15.6%) from the same time one year ago.Inventory Change
There were 17 2-bedroom townhomes listed in Kitchener over the last 30 days (October 27 - November 25), which is down 29.2% compared with the previous 30 day period (September 27 - October 26) and up 70.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Kitchener typically sold ($9,800) (1.9%) below asking price over the last 30 days (October 27 - November 25), which represents a $4,800 decrease compared to the previous 30 day period (September 27 - October 26) 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 2-bedroom townhomes in Kitchener over the last 30 days (October 27 - November 25) stood at 58.8%, up from 37.5% over the previous 30 days (September 27 - October 26) and down from 80.0% 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 33 days when successfully sold over the last 30 days (October 27 - November 25), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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