58 Metzloff Dr
Kitchener, N2M 1Z2
FOR SALE
$499,000
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3 + 2
BEDROOMS2
BATHROOMS1
KITCHENS6 + 3
ROOMSX10900987
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Property Description
This charming bungalow is a fantastic opportunity for first-time homebuyers and young families looking for comfort, space, and excellent value. Located on a spacious lot of over 6,000 square feet, this home offers a perfect blend of peaceful neighbourhood living with the convenience of being close to downtown and all the amenities you need. The main floor boasts three well-sized bedrooms, a full bathroom, and a bright, open living area that connects seamlessly to the kitchen and dining space. It's perfect for family living or entertaining friends. The lower level expands the possibilities with two additional bedrooms, a second bathroom, and versatile space that could serve as a playroom, home office, or media area. The large backyard offers endless potential for outdoor enjoyment, whether you dream of hosting summer barbecues, creating a garden, or giving kids a safe place to play. With proximity to schools, parks, shopping, and public transit, this home is not only a great place to live but also makes everyday life easier. This home is full of potential and a rare find for those seeking value and lifestyle in todays market. Don't miss your chance to make this property your own book your showing today!
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
55' x 122'
Fronting
South
Taxes
$3,900 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Kitchener Market Statistics
Kitchener Price Trend
58 Metzloff Dr is a 3-bedroom 2-bathroom home listed for sale at $499,000, which is $250,502 (33.4%) lower than the average sold price of $749,502 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Kitchener increased by $2,710 (0.4%) compared to the previous 30 day period (September 27 - October 26) and down $10,543 (1.4%) from the same time one year ago.Inventory Change
There were 79 3-bedroom homes listed in Kitchener over the last 30 days (October 27 - November 25), which is down 1.3% compared with the previous 30 day period (September 27 - October 26) and up 38.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold $2,125 (0.3%) above asking price over the last 30 days (October 27 - November 25), which represents a $8,762 increase compared to the previous 30 day period (September 27 - October 26) and $200 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 3-bedroom homes in Kitchener over the last 30 days (October 27 - November 25) stood at 100.0%, up from 70.0% over the previous 30 days (September 27 - October 26) and up from 77.2% 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 19 days when successfully sold over the last 30 days (October 27 - November 25), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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