$1,119,000 - 387 Gravel Ridge Trail, Kitchener
Detached for Sale in Kitchener
39 days on market- MLS Number
- X13114144
- Property Type
- Detached
- Status
- active
- Days on Site
- 39
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Kitchener
- Lot Size
- 5,608 sqft
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
From the moment you walk through the front door, you're greeted by soaring ceilings and a sense of grandeur that feels like coming home to something truly special. This is not just another house its a statement. The kitchen? A showstopper. Unlike anything else in the neighborhood, it demands to be seen a culinary dream where no detail has been spared. The main unit offers a luxurious primary suite with its own private ensuite, generously sized secondary bedrooms, a main-floor office perfect for remote work or quiet focus, and an elegant formal dining room made for memorable gatherings. Wrap-around porch? Absolutely. Multi-tiered deck? Of course, designed for entertaining, relaxing, and everything in between. Downstairs, a bright and fully finished lower level features its own kitchen, bath, bedroom, and living area with a separate walk-out to the backyard. Whether you envision an in-law suite, a guest retreat, or an income opportunity, the space is ready. Need a home gym or an additional office? Youve got it. The possibilities are endless within the approximately 3,600 square feet of impeccably finished living space. This is more than a home its a lifestyle. And its waiting for you.
Estimate your monthly payments for this property
Estimated Payment
$4,949.71/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.
387 Gravel Ridge Trail, 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 $560/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.
Market Position
At 39 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $4,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.