520 Falconridge Cres
Kitchener, N2K 4H9
FOR SALE
$999,000
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3 + 3
BEDROOMS4
BATHROOMS1 + 1
KITCHENS8 + 6
ROOMSX11954260
MLSIDContact Us
Property Description
Welcome to the esteemed River Ridge community, one of the most prestigious neighborhoods in Waterloo. This exquisite and expansive bungalow encompasses 5,023 square feet of exceptional living space on 0.223 ac. With 6 generously sized bedrooms and 3.5 elegantly appointed bathrooms, this residence is perfectly nestled amidst picturesque trails, the Grand River, lush parks, and serene conservation areas, seamlessly blending luxury living with the tranquility of nature. Bathed in natural light from its expansive windows, the home exudes a warm and inviting atmosphere, ideal for both sophisticated entertaining and serene relaxation. The gourmet kitchen is a chef's delight, featuring stainless steel appliances, stunning stone countertops, custom cabinetry, and enchanting under mount lighting. It elegantly flows into a vast backyard, accessible from the breakfast area, making it perfect for outdoor gatherings. The master retreat is a true sanctuary, complete with a spa-like four-piece ensuite and a spacious walk-in closet, all overlooking the private, fenced yard. W/U basement with kitchen, sitting and dining spaces, extra three brs. Whether you are a professional family embracing a new chapter in life or an individual seeking a refined lifestyle change with potential rental income, this residence captures the essence of modern elegance and natural beauty. With its unmatched design, and breathtaking surroundings, this home presents a rare opportunity to indulge in sophistication, convenience, and outdoor living within one extraordinary property. Living in Kitchener doesn't mean missing out on Toronto's vibrant sports scene, world class restaurants or exciting nightlife. With the Kitchener Go Train departing every 4 hours and reaching Union station in just 1.5 hours traffic free, hassle free parking and complimentary WIFI, you can enjoy the best of both cities with ease.
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Extras
2 fridges, 2 stoves ,dishwasher, microwave,range hood, washer/dryer, all elfs,b/i shelves.
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
59' x 121'
Acreage
< .50
Fronting
South
Taxes
$8,719 (2025)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Family | Ground | 19.09' x 20.24' | Hardwood Floor, Fireplace, Pot Lights |
Dining | Ground | 11.91' x 12.07' | Hardwood Floor, Open Concept, Formal Rm |
Living | Ground | 14.50' x 12.07' | Hardwood Floor, Picture Window, French Doors |
Kitchen | Ground | 10.66' x 14.76' | Stone Counter, Pot Lights, Stainless Steel Appl |
Breakfast | Ground | 9.68' x 14.76' | W/O To Deck, Overlook Patio, Pot Lights |
Prim Bdrm | Ground | 17.49' x 19.32' | 4 Pc Ensuite, W/I Closet, Hardwood Floor |
2nd Br | Ground | 14.17' x 14.60' | Hardwood Floor, Picture Window, Closet |
3rd Br | Ground | 11.58' x 12.66' | Hardwood Floor, Picture Window, Closet |
Great Rm | Bsmt | 16.77' x 29.43' | Walk-Up, Pot Lights, Modern Kitchen |
Br | Bsmt | 12.99' x 19.91' | Closet, Window |
Br | Bsmt | 14.17' x 20.51' | Closet, Window |
Kitchen | Bsmt | 18.18' x 19.00' | Combined W/Sitting, Open Concept |
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Kitchener Market Statistics
Kitchener Price Trend
520 Falconridge Cres is a 3-bedroom 4-bathroom home listed for sale at $999,000, which is $501,287 (100.7%) higher than the average sold price of $497,713 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $205,002 (29.2%) compared to the previous 30 day period (November 19 - December 18) and down $251,753 (33.6%) from the same time one year ago.Inventory Change
There were 28 3-bedroom homes listed in Kitchener over the last 30 days (December 19 - January 17), which is down 54.8% compared with the previous 30 day period (November 19 - December 18) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold ($147) (0.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $2,323 increase compared to the previous 30 day period (November 19 - December 18) and $6,620 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 (December 19 - January 17) stood at 585.7%, up from 141.9% over the previous 30 days (November 19 - December 18) and up from 93.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Kitchener stood at 21 days when successfully sold over the last 30 days (December 19 - January 17), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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