$988,500 - 110 Deer Ridge Drive, Kitchener
Detached for Sale in Kitchener
116 days on market- MLS Number
- X12812550
- Property Type
- Detached
- Status
- active
- Days on Site
- 116
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX Solid Gold Realty (II) Ltd
Welcome to 110 Deer Ridge, a beautifully maintained home in the prestigious Deer Ridge community that radiates warmth, charm, and pride of ownership from the moment you arrive. Curb appeal abounds with immaculate landscaping, a spacious double car garage, and an elegant driveway sets the tone for what lies within. Step inside to a welcoming formal foyer that opens into an impressive living room with soaring cathedral ceilings, rich hardwood flooring, and an abundance of natural light. This grand space seamlessly flows into a formal dining room-ideal for hosting family dinners and special occasions. The heart of the home is the updated eat-in kitchen, featuring quartz countertops and direct access to the backyard. The adjoining family room offers a cozy retreat with more hardwood floors, pot lights, and a gas fireplace-perfect for relaxed evenings. The main floor also includes a laundry room, powder room, and convenient access to the garage. Upstairs, you'll find stunning Brazilian hardwood floors throughout, leading to three spacious bedrooms. The primary suite offers a peaceful escape with a walk-in closet and private 3-piece ensuite. A versatile open loft area overlooks the living room offering the perfect space for a home office, reading room, or countless other possibilities. The fully finished basement expands your living space with a large rec room divided into two distinct areas-one with laminate flooring and the other with brand new carpet. This level also includes a 3-piece bathroom, cold room, and a generously sized utility/storage room. Enjoy your summer days in the beautifully landscaped backyard, complete with a concrete patio, pergola, sleek rod iron fencing, and a garden shed. There's plenty of room to entertain, relax, and enjoy the outdoors. Located just moments from all essential amenities and offering quick access to Highway 401, this exceptional home is a fantastic choice for commuters and families alike. Don't miss your chance to own this gem!
Estimate your monthly payments for this property
Estimated Payment
$5,071.52/mo
Includes CMHC insurance ($27,579)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kitchener
Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kitchener
- •Convenient location in Kitchener
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
110 Deer Ridge Drive, Kitchener
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $494/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 116 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Kitchener are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,119 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.