$1,200,000 - 169 Falconridge Drive, Kitchener
Detached for Sale in Kitchener
58 days on market- MLS Number
- X13029906
- Property Type
- Detached
- Status
- active
- Days on Site
- 58
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Discover this stunning, SMART family home in the prestigious River Ridge at Kiwanis Park, where elegance, space and natural light come together beautifully. From the moment you step inside, the grand foyer sets the tone with an impressive view of the open-concept layout and striking central hardwood staircase. The thoughtful floorplan offers exceptional flow throughout the main level. Soaring ceilings and floor-to-ceiling windows fill the home with an abundance of natural light. The formal living room opens seamlessly to a dining room large enough to comfortably host twelve-perfect for family gatherings and celebrations. At the heart of the home is an oversized chef's kitchen, featuring stainless steel appliances, a newer gas stove (Dec/24), a centre island with built-in wine fridge, and a bright dinette with sliding doors that lead to a stone patio, beautiful wall garden and fully fenced backyard. The adjoining family room is designed for entertaining, offering generous space, an 18-foot ceiling, and a cozy gas fireplace that adds warmth and sophistication. Upstairs, upgraded maple hardwood flooring flows throughout. The luxurious primary suite boasts a spacious walk-in closet and a spa-inspired 5-piece ensuite. Three additional bedrooms are generously sized with excellent natural light, including a guest bedroom with convenient cheater access to the shared bathroom. The lower level offers outstanding potential, featuring large windows and a roughed-in bathroom-ready for your personal vision. Upgraded electrical panel (2022) to incorporate EV charging! Ideally located steps from Kiwanis Park, the scenic Grand River trails, and lush greenspace, and just minutes to top-tier schools and essential amenities, this home truly has it all.
Estimate your monthly payments for this property
Estimated Payment
$5,308.00/mo
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.
169 Falconridge Drive, Kitchener
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Rental income estimator & ROI calculator
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 $480/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 58 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.