55 Spachman St

Kitchener, N2R 1R7
FOR SALE
$1,474,888
55 Spachman St, Kitchener
55 Spachman St
55 Spachman St
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5
BEDROOMS
4
BATHROOMS
1
KITCHENS
10
ROOMS
X8273468
MLSID
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Property Description
Dare to be impressed in The Rahi Model boasting over 3400sqft of finished living space w/a 3 bed + 2 bed, 3 1/2 bath floor plan w/upper family room and a host of premium features. IMPRESSIVE 8 FOOT TALL FRONT ENTRY DOOR, setting the tone for the lavish interiors that await. The designer kitchen is adorned with upgraded Heirloom-style maple cabinetry, soft-close cabinets, and a QUARTZ COUNTERTOP & BACKSPLASH THAT EXUDE SOPHISTICATION. Enhancing its allure is the island w/upgraded corner posts, a wine fridge, gas stove with an upgraded stainless chimney hood fan, and in-floor heating. A 6 ft patio door featuring a transom window above, inviting natural light and seamless indoor-outdoor living. Gather around the NAPOLEON GAS FIREPLACE IN THE GREAT ROOM, illuminated by pot lights strategically added for ambiance. The opulence extends to every bathroom, where UPGRADED QUARTZ COUNTERTOPS AND MAPLE SHAKER CABINETS create a spa-like atmosphere. Revel in the luxury of a 10 ft main floor ceiling height, 12x24 CERAMIC TILE FLOORING in the foyer, kitchen, and bathrooms, alongside maple hardwood flooring in the Great room, dining room, family room, and upper hallway. Ascend the MAPLE HARDWOOD STEPS ADORNED WITH BLACK WROUGHT IRON SPINDLES, leading to an upper family room for additional relaxation and leisure. Retreat to the generously sized primary bedroom which features a walk-in closet. The master ensuite, a sanctuary featuring DOUBLE VESSEL SINKS, A FREESTANDING TUB, AND A GLASS-ENCLOSED SHOWER with a rain shower head, EPITOMIZING INDULGENCE AND STYLE. Professionally finished by the builder, the basement offers additional living space with a 9 ft ceiling, two bedrooms, and a 3 pc bathroom, illuminated by two Egress windows that flood the space with natural light. Outside, unwind in the fully fenced backyard, complete with a retractable awning and deck, perfect for dining and entertaining. Don't miss the opportunity to make this exquisite residence yours.
Extras
OFFERS WELCOME ANYTIME W/24HR IRREV. PLEASE ATTACH SCHEDULE B TO ALL OFFERS
Property Features
Fenced Yard, Park, Rec Centre, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
39' x 103'
Fronting
West
Taxes
$6,388 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain6.50' x 10.33'
DiningMain13.25' x 14.24'
LivingMain12.99' x 18.67'
KitchenMain9.84' x 15.32'
LaundryMain9.84' x 9.84'
Prim Bdrm2nd12.60' x 19.42'
Family2nd11.75' x 12.60'
2nd Br2nd10.76' x 12.01'
3rd Br2nd10.50' x 13.25'
4th BrLower8.83' x 14.24'
RecLower15.32' x 18.08'
5th BrLower9.58' x 14.67'
Kitchener Market Statistics
Kitchener Price Trend
55 Spachman St is a 5-bedroom 4-bathroom home listed for sale at $1,474,888, which is $630,323 (74.6%) higher than the average sold price of $844,565 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 5 bedroom home in Kitchener declined by $974,435 (53.6%) compared to the previous 30 day period (March 8 - April 6) and down $265,435 (23.9%) from the same time one year ago.
Inventory Change
There were 11 5-bedroom homes listed in Kitchener over the last 30 days (April 7 - May 6), which is up 450.0% compared with the previous 30 day period (March 8 - April 6) and up 37.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Kitchener typically sold $61,298 (7.3%) above asking price over the last 30 days (April 7 - May 6), which represents a $142,298 increase compared to the previous 30 day period (March 8 - April 6) and $10,366 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 7 - May 6) stood at 27.3%, down from 250.0% over the previous 30 days (March 8 - April 6) and down from 37.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Kitchener stood at 11 days when successfully sold over the last 30 days (April 7 - May 6), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Wolle Realty
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