55 Southridge Dr

Kitchener, N2P 2Y1
FOR SALE
$1,149,900
55 Southridge Dr, Kitchener
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
55 Southridge Dr
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5
BEDROOMS
3
BATHROOMS
1
KITCHENS
11
ROOMS
X8281560
MLSID
Contact Us
Property Description
PRESENTING DESIRABLE DOON VALLEY! Step into 55 Southridge Drive, Kitchener offering over 2800 square feet of meticulously crafted space. As you enter the grand two-storey foyer, you'll be enveloped in natural light streaming into the airy living and dining spaces, setting the stage for the rest of the main level. Indulge your culinary passions in the kitchen, adorned with sleek Granite countertops and abundant storage, seamlessly transitioning into a welcoming breakfast area. Open the garden sliders to access the deck, gazebo, and a convenient 12x12 garden shed with hydro, creating an outdoor retreat perfect for both relaxation and entertainment. Unwind in the family room, illuminated by the gentle flicker of the gas fireplace, or find productivity in the adjacent office space. A strategically placed laundry room and powder room on the main level add convenience to daily life. Ascend the staircase to discover tranquility in the 5 generously appointed bedrooms and 2.5 bathrooms, providing ample space for family and guests alike. The unfinished lower level presents an opportunity to customize and expand your living quarters to perfectly fit your lifestyle. This home boasts an array of notable features including a new roof 2015, a charming sunroom added in 2013, carpets in 2022, a chairlift installed in 2019, garage door opener, gas line for future BBQs, and luxurious 9-foot ceilings on the main floor, among other amenities. Nestled on a serene street, this residence enjoys a prime location close to schools, shopping centers, buses, and the 401 highway.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-04 2024-04-30 26 $1,200,000 - Terminated
Extras
living/dining room virtually staged*
Property Features
Fenced Yard, Park, Public Transit, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
43' x 148'
Acreage
< .50
Fronting
West
Taxes
$6,169 (2023)
Basement
Full, Unfinished
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
Room Summary
RoomLevelSizeFeatures
LivingMain10.50' x 12.99'
DiningMain10.76' x 13.42'
OfficeMain9.51' x 10.24'
FamilyMain11.91' x 18.01'
BreakfastMain9.42' x 15.42'
KitchenMain8.92' x 10.99'
Prim Bdrm2nd21.16' x 14.93'
2nd Br2nd10.17' x 12.01'
3rd Br2nd10.17' x 12.83'
4th Br2nd10.01' x 13.42'
5th Br2nd14.93' x 12.40'
Kitchener Market Statistics
Kitchener Price Trend
55 Southridge Dr is a 5-bedroom 3-bathroom home listed for sale at $1,149,900, which is $305,335 (36.2%) higher than the average sold price of $844,565 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Kitchener declined by $1,117,435 (57.0%) compared to the previous 30 day period (March 15 - April 13) and down $132,935 (13.6%) from the same time one year ago.
Inventory Change
There were 13 5-bedroom homes listed in Kitchener over the last 30 days (April 14 - May 13), which is up 333.3% compared with the previous 30 day period (March 15 - April 13) and up 62.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Kitchener typically sold $61,298 (7.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $161,798 increase compared to the previous 30 day period (March 15 - April 13) and $27,550 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 5-bedroom homes in Kitchener over the last 30 days (April 14 - May 13) stood at 23.1%, down from 133.3% over the previous 30 days (March 15 - April 13) and down from 25.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Kitchener stood at 11 days when successfully sold over the last 30 days (April 14 - May 13), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Twin City Faisal Susiwala Realty
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