7 Jacob Gingrich Dr
Kitchener, N2P 2X8
FOR SALE
$2,100,000

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BEDROOMS4
BATHROOMS1
KITCHENS11 + 4
ROOMSX11976266
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Property Description
Welcome to 7 Jacob Gingrich Drive, a stunning Executive Modern Two-Storey Home located in the prestigious Deer Ridge Estates with quick access to 401 HWY, offering over 4,700 sqft of beautiful, finished living space. This custom-built home has been renovated and boasts 5 spacious bedrooms, 4 bathrooms, a 3-car garage, and a private salt water inground pool with gas heater, providing the ideal blend of luxury and comfort. The open-concept kitchen and living area, featuring coffered 9-foot ceilings, offer a bright and welcoming atmosphere, with large windows that frame views of the lush backyard oasis. The beautiful hardwood white oak floors throughout the home add a touch of elegance to each room. The gourmet quartz counter eat in kitchen, complete with a Fisher & Paykel fridge, Wolf stove and Double Ovens, Miele dishwasher, Instant Hot Water, Bar Sink, Reverse Osmosis, and a modern centre island, is designed for both functionality and style. Two fridge drawers and a drawer microwave provide additional convenience. Custom Chervin cabinets in the kitchen, mudroom, and bathroom offer a timeless, high-end finish, Each of the spacious bedrooms includes large closets, and the primary bedroom is a true retreat. It features a large walk-in closet and a luxurious 5-piece ensuite bathroom for your comfort and convenience. This home is not short on charm and warmth, with three gas fireplaces, one in the basement Rec room, one in the basement in law's bedroom and one on the main floor living room creating cozy spaces throughout. Additional highlights include a main-floor office, 2nd floor laundry and a finished basement with engineered waterproof vinyl floors, and a beautifully landscaped backyard with a sprinkler system, perfect for outdoor entertaining with a salt water inground pool, hot tub, firepit and patio. This exceptional home offers both sophisticated finishes and the perfect space for family living. Come experience the luxury and comfort of 7 Jacob Gingrich Drive.
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Property Features
Fenced Yard, Golf, Place Of Worship, School
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
60' x 114'
Acreage
< .50
Fronting
East
Taxes
$11,901 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
3
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 25.33' x 16.70' | Centre Island, Eat-In Kitchen, Quartz Counter |
Living | Main | 19.82' x 20.18' | Hardwood Floor, Coffered Ceiling, Gas Fireplace |
Dining | Main | 13.25' x 11.78' | Hardwood Floor, Coffered Ceiling, California Shutters |
Foyer | Main | 9.45' x 6.89' | Hardwood Floor, Double Closet |
Office | Main | 11.98' x 11.06' | Hardwood Floor, California Shutters |
Mudroom | Main | 7.38' x 8.23' | Tile Floor, B/I Closet |
Prim Bdrm | 2nd | 19.95' x 25.66' | 5 Pc Ensuite, Hardwood Floor, W/I Closet |
2nd Br | 2nd | 13.02' x 12.20' | Hardwood Floor, Closet, California Shutters |
3rd Br | 2nd | 12.30' x 14.83' | Hardwood Floor, Closet, California Shutters |
4th Br | 2nd | 13.32' x 12.24' | Hardwood Floor, Closet, California Shutters |
Laundry | 2nd | 5.97' x 8.43' | Tile Floor, Laundry Sink, B/I Shelves |
5th Br | Bsmt | 21.23' x 12.96' | Gas Fireplace, California Shutters, Vinyl Floor |
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Kitchener Market Statistics
Kitchener Price Trend
7 Jacob Gingrich Dr is a 4-bedroom 4-bathroom home listed for sale at $2,100,000, which is $1,070,000 (103.9%) higher than the average sold price of $1,030,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Kitchener increased by $15,625 (1.5%) compared to the previous 30 day period (December 22 - January 20) and up $186,760 (22.1%) from the same time one year ago.Inventory Change
There were 38 4-bedroom homes listed in Kitchener over the last 30 days (January 21 - February 19), which is up 40.7% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kitchener typically sold ($26,300) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,528 decrease compared to the previous 30 day period (December 22 - January 20) and $2,761 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 4-bedroom homes in Kitchener over the last 30 days (January 21 - February 19) stood at 39.5%, down from 44.4% over the previous 30 days (December 22 - January 20) and down from 80.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Kitchener stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Millennium Inc.
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