$699,000 - 24 Farmington Place, Kitchener
Detached for Sale in Kitchener
66 days on market- MLS Number
- X12998496
- Property Type
- Detached
- Status
- active
- Days on Site
- 66
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- PEAK REALTY LTD.
At the end of a quiet cul-de-sac sits a bright, family-friendly home where the street feels more like an extension of the front yard. Kids can ride bikes in circles, play pickup games, and neighbours wave from driveways. There's a built in sense of safety and community. This custom one owner home feels cheerful even on cloudy days-bright, safe, and built for making everyday family moments feel special. This spacious 4 bedroom home features an open concept main floor with large centre island, breakfast bar with seating for 4, stainless appliances, custom backsplash, and abundance of cabinetry and counter space perfect for cooking and entertaining. Main floor includes a 4 pc bath, 3 bedrooms with a walkout to deck and fully fenced pie shaped yard with elevated garden beds, inground pool, pergola, and koi pond. Upstairs the standout is the huge master suite addition, a huge bedroom with ensuite bath and gas fireplace-a true retreat. It's spacious and airy with over size windows that overlook the beautiful in-ground pool shimmering in the sunlight. In the early morning the light dances across the water; in the evening it reflects the soft glow of sunset. It's peaceful, private, and feels like a vacation space built right into your home. Between the open sun filled interior and the vibrant outdoor space this home blends comfort, play and everyday luxury. It's the kind of place where memories grow as easily as the vegetables in the garden. The fully finished walk out basement has a wet bar, corner gas fireplace, 3 pc bathroom with heated floors, and entrance to garage (currently finished and could add extra living space for an in-law suite or easily converted back to one car garage) Updates Include furnace, 2024, owned water heater 2024, tankless water heater 2024, roof 2018, windows 2000. A truly special much loved home.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
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.
24 Farmington Place, 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 $466/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 66 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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.