$2,999,000 - 47 Pioneer Ridge Drive, Kitchener
Detached for Sale in Kitchener
103 days on market- MLS Number
- X12652966
- Property Type
- Detached
- Status
- active
- Days on Site
- 103
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
BRAND NEW latest build just completed by the acclaimed Surducan Custom Homes, with all the fine finishes that discerning buyers have come to expect from Surducan. Transitional modern luxury in prestigious Deer Ridge Estates. Boasting just under 4800 feet finished living space and featuring latest European tilt and turn high-end technology in windows and steel door systems. 5 bedrooms, 5 baths, including second ensuite, bath and a jack and Jill bath. 9 foot ceilings on the upper level. Main floor office, with built-in shelving. Separate designated dining room. Minimalistic design offering seamless flow and high-end finishes, wide spacious hallways, wide plank light oak hardwood flooring and contemporary over sized hardwood staircase w/built in lighting & black wrought iron. Built-in cabinets beside artistic featured fireplace wall. Open gourmet kitchen/dinette, featuring walk-in pantry with second sink area for kitchen prep or bar. For the chef an awesome large Gas stove range w/ high powered fan & over-sized gourmet fridge. Walk out off dinette to covered porch with gas line bbq. Fully fenced backyard. Rarely found tandem triple car garage, w/large steel and glass door system walkout to backyard. Fully finished basement with private 5th bedroom and bathroom. Lots of great finished storage space. Full irrigation system. Security cameras included. Tankless hot water heater. All equipment is owned. Tarion Warranty. Book your private viewing now, this is your dream home! Note: Some pictures are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$13,265.59/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.
47 Pioneer Ridge 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
Fair Market Value
At $1000/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 103 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kitchener.
Bathroom Count Matters
With 5 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.