51 Southmoor Dr

Kitchener, N2M 4M5
FOR SALE
$699,900
51 Southmoor Dr, Kitchener
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 5
ROOMS
X10405788
MLSID
Contact Us
Property Description
~OPEN HOUSE-THURSDAY, NOVEMBER 7th, 5:00 - 7:00 PM~ Welcome to 51 Southmoor Drive, a beautifully updated all brick bungalow nestled in a quiet, family-friendly neighborhood of Kitchener, backing onto Meinzinger Park with a forested backdrop. This home offers wonderful living space with a walkout basement, making it ideal for a future in-law suite or duplex conversion. Sitting on a large, pie-shaped lot with a fully fenced yard, the property offers privacy and ample outdoor space for your family, entertaining guests and/or the gardening enthusiast. Inside, you'll find 3 +1 bedrooms, with the Master being large enough for a king bed, 1+1 bathrooms, & lots of living space. The bright & modern updated kitchen features stainless steel appliances, including a gas stove, a 36" fridge with ice maker and water line, stylish hexagon backsplash, roll-out pantry and finished with quartz countertops. The lower level has been recently finished (2023), adding a spacious bedroom with large window & walk-in closet, a modern 3-piece bathroom with a tiled walk-in glass shower, & a large cozy rec room & bar area complete with vinyl flooring & pot lights throughout. Additional highlights include being super economical to heat & cool (extra insulation added at the time of finishing the lower level), a workshop built-in at the back of the home under the carport, & the location close to schools, parks, and amenities. Updates include windows & doors, kitchen, reverse osmosis, custom crafted carport, roof & eavestroughs, all new plumbing & updated 200-amp electrical panel (ESA Report available). Don't miss the opportunity to view this versatile bungalow property backing onto greenspace in an excellent location! What more could you ask for? Please note that there is construction on Stirling, and you must come from Westmount Road E. to access. You can get to Southmoor Drive from Westmount even if the sign says no through traffic.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-16 2024-11-04 49 $799,900 - Terminated
Property Features
Fenced Yard, Grnbelt/Conserv, Hospital, Rec Centre, School, Wooded/Treed
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Acreage
< .50
Lot Irregularities
43 x 164 x 82 x 137
Fronting
South
Taxes
$3,780 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain9.91' x 13.91'
LivingMain12.76' x 17.49'
Prim BdrmMain10.83' x 14.01'
2nd BrMain14.50' x 9.58'
3rd BrMain14.50' x 9.58'
4th BrBsmt11.58' x 9.09'
OtherBsmt7.41' x 6.00'
RecBsmt33.66' x 12.93'
Kitchener Market Statistics
Kitchener Price Trend
51 Southmoor Dr is a 3-bedroom 2-bathroom home listed for sale at $699,900, which is $67,583 (8.8%) lower than the average sold price of $767,483 in the last 30 days (October 14 - November 12). During the last 30 days the average sold price for a 3 bedroom home in Kitchener increased by $4,956 (0.6%) compared to the previous 30 day period (September 14 - October 13) and up $6,938 (0.9%) from the same time one year ago.
Inventory Change
There were 70 3-bedroom homes listed in Kitchener over the last 30 days (October 14 - November 12), which is down 30.7% compared with the previous 30 day period (September 14 - October 13) and up 22.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold ($762) (0.1%) below asking price over the last 30 days (October 14 - November 12), which represents a $5,589 decrease compared to the previous 30 day period (September 14 - October 13) and $17,400 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 3-bedroom homes in Kitchener over the last 30 days (October 14 - November 12) stood at 88.6%, up from 54.5% over the previous 30 days (September 14 - October 13) and down from 89.5% 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 (October 14 - November 12), compared to 61 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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