82 Shea Cres
Kitchener, N2E 1E8
FOR SALE
$1,075,000
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 5
ROOMSX9242156
MLSIDContact Us
Property Description
This unique home in the heart of Kitchener on a .226 acre lot has been thoughtfully renovated inside and out for multigenerational use. Can also be used as mortgage helper/separate units. Two kitchens and two bathrooms with custom cabinets and quartz countertops along with high-end finishes. Upper floor features 3 bedrooms, in-suite laundry, dining and living room with tons of light and mudroom entryway and its own climate control. Lower level features 2 bedrooms, an open concept dining room off kitchen that can be converted into a 3rd bedroom. Huge family room with vaulted ceilings to entertain the entire family. Lower level was designed to be wheelchair accessible, zero-transition shower and a 15K stairlift directly from the heated garage. Seamlessly walkout onto the 780 sqft deck that overlooks a large sized yard with direct access to McLennan Park/ trails/ playground/ splash pad and amenities. Walking distance to multiple schools, grocery stores and on the main bus route. Quick access to the expressway and 401 make commuting a breeze. Extra large driveway can accommodate 7 cars or more. This must see home with a cottage feel and more features to see is ready to move in and accommodate all your needs. 6th bedroom capabilities downstairs! Potential returns up to 5k for house rental income, don't miss out on this opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-05 | 2024-08-06 | 63 | $1,099,000 | - | Suspended |
| 2024-05-11 | 2024-05-25 | 14 | $1,280,000 | - | Suspended |
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Property Details
Street
City
Property Type
Duplex, Bungalow-Raised
Lot Size
57' x 175'
Fronting
West
Taxes
$4,900 (2024)
Basement
Fin W/O
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
Attached
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Kitchener Market Statistics
Kitchener Price Trend
82 Shea Cres is a 3-bedroom 2-bathroom home listed for sale at $1,075,000, which is $294,290 (37.7%) higher than the average sold price of $780,710 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Kitchener declined by $5,430 (0.7%) compared to the previous 30 day period (July 21 - August 19) and up $2,916 (0.4%) from the same time one year ago.Inventory Change
There were 91 3-bedroom homes listed in Kitchener over the last 30 days (August 20 - September 18), which is up 23.0% compared with the previous 30 day period (July 21 - August 19) and up 40.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kitchener typically sold $11,734 (1.5%) above asking price over the last 30 days (August 20 - September 18), which represents a $5,575 increase compared to the previous 30 day period (July 21 - August 19) and $16,615 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 3-bedroom homes in Kitchener over the last 30 days (August 20 - September 18) stood at 68.1%, down from 77.0% over the previous 30 days (July 21 - August 19) and up from 60.0% 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 18 days when successfully sold over the last 30 days (August 20 - September 18), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Modern Solution Realty Inc.
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