$1,199,900 - 248 Otterbein Road, Kitchener
Detached for Sale in Kitchener
New — Listed yesterday- MLS Number
- X13455742
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to Ravine-Side Luxury Living at 248 Otterbein Road, Kitchener: an exceptional family residence nestled on a premium ravine lot with no rear neighbours, this stunning 4-bedroom, 4-bathrooms home offers privacy, elegance and breathtaking views in one of Kitchener's rapidly growing communities. From the moment you arrive, you'll be captivated by the home's impressive curb appeal and parking for 4 vehicles (2 car garage with EV charging rough-in and 2 car Driveway). Step inside through the welcoming oversized foyer and discover a bright, pet-free and scratch free house. Carpet free main level features Living room with Soaring 9ft ceilings and a wall of oversized windows. The beautifully designed kitchen features granite countertops, stainless steel appliances, abundant cabinetry and generous counter space for meal preparation. Adjacent, dining area is ideal for family gatherings and memorable dinner parties. Step through the patio door onto raised deck and take in the serene ravine views while enjoying your morning coffee or evening sunset. Upstairs, there are 4 generously sized bedrooms. The luxurious primary suite complete with a spacious walk-in closet and a beautifully appointed ensuite. 3 additional bedrooms offer ample closet space with 2 separate well-designed 4pc bathrooms. The walkout basement is ready for your personal vision with 5 big windows, featuring a bathroom rough-in, abundant storage space and direct access to the backyard. Outside, the fully fenced backyard is a true showstopper, backing onto a picturesque ravine with mature trees and no rear neighbors, perfect for entertaining guests, hosting summer bbqs or simply enjoying the peaceful sounds of nature from the spacious deck. Conveniently situated close to major highways, top-rated schools, parks, trails, shopping plazas and the scenic Grand River, this remarkable property truly checks every box. Book your private showing today and experience everything this exceptional home has to offer.
Estimate your monthly payments for this property
Estimated Payment
$5,307.56/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.
248 Otterbein Road, 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 $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.
Just Listed - Act Strategically
This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.