$709,000 - 113 Southwood Drive, Kitchener
Detached for Sale in Kitchener
60 days on market- MLS Number
- X13018054
- Property Type
- Detached
- Status
- active
- Days on Site
- 60
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to 113 Southwood Drive. This bright and cozy raised bungalow will make a Perfect Home for both First Time Buyers and Savvy Investors. Located in the prestigious mature neighbourhood of Country Hills on a family-friendly quiet street close to schools, parks, and essential amenities. *** The open concept main living area is warm and inviting, with updated laminate flooring, modern lighting and a large window flooding the space with natural light. Three good size bedrooms with big windows and roomy closets provide enough space for your Family. *** Finished Lower Level offers you a huge Family/Rec room with wood-burning Fireplace, additional room with above-grade window that could be your Home Office (currently being used as a storage room) and a 3-pcs Washroom (new in 2019). For added convenience there is direct access to the Garage with a bonus lockable room in the back of the Garage allowing for additional storage or a workshop. *** Outside, a generously-sized deck overlooks huge fully fenced backyard space that further enhances the appeal, offering privacy, tranquillity, and ample room for gardening, children's play, or simply enjoying the outdoors. A custom water basin system (2017) saves you approx. 450 litres of water, available for you to water your low maintenance gardens and grass. You also have additional lockable storage utilizing the space under your wooden deck. This home also offers a single-car garage and parking space for 2 cars in the driveway *** 113 Southwood Drive is an excellent choice for a variety of lifestyles. Whether you're looking for a forever home or a smart investment, this property offers endless possibilities and great potential in a desirable setting. Don't miss your chance to explore the charm and versatility of this home.
Estimate your monthly payments for this property
Estimated Payment
$3,637.54/mo
Includes CMHC insurance ($19,781)
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.
113 Southwood 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 $645/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 60 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.
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 $2,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.