Sold for:Sold Dec 13, 2024
$749,900

502 Manchester Road

Kitchener, ON N2B 1A6

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 502 Manchester Road, Kitchener

2024-11-12
2024-12-13
Sold
Price
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MLS#
x10420927

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 502 Manchester Road, Kitchener

Welcome to this charming 3-bedroom bungalow located in the sought-after Kitchener East. Situated on a spacious corner lot with a freshly landscaped exterior, this home offers a fantastic opportunity for both comfortable living and potential rental income. The property features 2 separate driveways, providing ample parking and easy access to the homes basement, which holds significant potential for future development. Inside, youll find a beautifully renovated kitchen with modern finishes that perfectly complements the homes inviting layout. The backyard is an oasis, complete with a new deck, a gazebo enclosing a hot tub (with new filter), and a backup generator for peace of mind. Additional updates include brand new eavestroughs, a brand-new asphalt driveway, and a lush, well-maintained garden. With its prime location, large lot size, and plenty of possibilities for further customization, this home is a must-see for those looking for both comfort and investment potential.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,769
Land Transfer Tax Fee
$11,473

Basement Type
Full, Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Water Softener, Sump Pump, Sauna, In-Law Capability, Water Heater Owned, Primary Bedroom - Main Floor
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Landscaped, Hot Tub, Deck
Pool
None
Property Features
School, Library, Park, Place Of Worship, Other
Other Structures
Drive Shed

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
70.00 ft
Lot Depth
0.00 ft
Lot Shape
Irregular

Inclusions

Inclusions
Built-in Microwave, Dishwasher, Dryer, Hot Tub, Range Hood, Refrigerator, Stove, Washer, Hot tub (in working order, as-is), Sauna, Gas BBQ

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
5
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bathroom—
    Main level, 4 Pc Bath
  • Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Primary Bedroom—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bathroom—
    Basement level, 4 Pc Bath
  • Cold Room/Cantina—
    Basement level
  • Den—
    Basement level
  • Laundry—
    Basement level
  • Recreation—
    Basement level

Washrooms

  • 4-piece, Main
  • 4-piece, Basement

Municipality
Kitchener
Main cross streets
River Rd E
Zoning
R2A

MLS® number
X10420927
Data source
Toronto Regional Real Estate Board
Status change
2024-12-13
Listed on
2024-11-12
Days on market
31 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
Keller Williams Innovation Realty

Home Market Value

Current home valuation for 502 Manchester Road, Kitchener, , . Listed for $749,900

HOMEH Estimate

?

$669,824

Estimated Sales Range

?

$529,161 - $810,487

HOMEH Estimate for 502 Manchester Road, Kitchener

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$669,824Medium confidence
Based on 15 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:6.7%

5% on first $500K + 10% on $249,900 over $500K

Minimum down payment

$49,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$27,986$20,922$17,848$0
=Total mortgage
$727,643$695,832$655,263$599,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,553monthly$3,397monthly$3,199monthly$2,929monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$11,473

Total Land Transfer Tax

$11,473

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8/100Almost All Errands Require a Car
0/100Minimal Transit
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