7 Richmond Ave
Kitchener, N2G 1Z1
FOR SALE
$799,900
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Property Description
Everything you need in a rare Victoria Park gem! This charming century home, set on a peaceful cul-de-sac with views of Victoria Park, has been well maintained. Step inside to find a welcoming foyer that leads to a classic floor plan, ideal for both everyday living and entertaining. The bright living room, which flows into a spacious dining area, showcases hardwood floors, original woodwork, and a beautiful stained glass window. The modern chefs kitchen offers tall soft-close cabinets, quartz countertops, and stainless steel appliances. The main floor also features a handy side entrance with a mudroom, a contemporary three-piece bathroom, and a cozy work-from-home space or bedroom with a skylight. The second floor hosts two generously-sized bedrooms with hardwood floors and a bonus den area with extensive built-in closet. An updated bathroom with a clawfoot tub and classic wainscoting completes this level. The top floor loft serves as a spacious primary bedroom retreat, complete with built-in bookshelves, dual closets, and plenty of room to unwind. The finished lower level adds a bright recreation room or home office, along with additional storage and laundry facilities. Recent updates include a new furnace (2021), A/C (2018), 200 amp electrical panel plus a sub-panel on second floor, and mostly new windows and light fixtures. The fully fenced backyard features a patio, an attached garage, and parking for two cars in the driveway. This home is perfectly situated within walking distance to downtown Kitcheners restaurants, shops, bike paths, trails, LRT, and the tranquility of Victoria Park.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-02 | 2024-07-03 | 62 | $949,000 | - | Terminated |
2023-04-25 | 2023-06-30 | 67 | $998,000 | - | Expired |
2023-04-25 | 2023-06-30 | 68 | $998,000 | - | Expired |
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Property Details
Street
City
Property Type
Detached, 2 1/2 Storey
Lot Size
40' x 86'
Fronting
West
Taxes
$4,621 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.40' x 14.17' | |
Dining | Main | 9.91' x 13.32' | |
Kitchen | Main | 11.58' x 13.32' | |
Br | Main | 11.15' x 13.58' | |
Bathroom | Main | 6.17' x 6.33' | |
Br | 2nd | 11.25' x 11.91' | |
Br | 2nd | 11.42' x 11.52' | |
Bathroom | 2nd | 6.27' x 6.66' | |
Prim Bdrm | 3rd | 11.58' x 26.35' | |
Laundry | Bsmt | 6.56' x 20.57' | |
Rec | Bsmt | 11.58' x 19.32' | |
Living | Main | 12.40' x 14.17' |
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Kitchener Market Statistics
Kitchener Price Trend
7 Richmond Ave is a 4-bedroom 2-bathroom home listed for sale at $799,900, which is $217,873 (21.4%) lower than the average sold price of $1,017,773 in the last 30 days (October 30 - November 28). During the last 30 days the average sold price for a 4 bedroom home in Kitchener increased by $49,465 (5.1%) compared to the previous 30 day period (September 30 - October 29) and up $124,364 (13.9%) from the same time one year ago.Inventory Change
There were 48 4-bedroom homes listed in Kitchener over the last 30 days (October 30 - November 28), which is up 2.1% compared with the previous 30 day period (September 30 - October 29) and up 9.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kitchener typically sold ($7,551) (0.7%) below asking price over the last 30 days (October 30 - November 28), which represents a $10,424 increase compared to the previous 30 day period (September 30 - October 29) and ($454) 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 (October 30 - November 28) stood at 64.6%, down from 68.1% over the previous 30 days (September 30 - October 29) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Kitchener stood at 13 days when successfully sold over the last 30 days (October 30 - November 28), compared to 36 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Wolle Realty
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