$2,099,900 - 945 RIVERSTONE Court, Kitchener
Detached for Sale in Kitchener
54 days on market- MLS Number
- X13021250
- Property Type
- Detached
- Status
- active
- Days on Site
- 54
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Set on a quiet cul de sac in Deer Ridge Estates, 945 Riverstone Drive sits on an expansive pie-shaped lot of a third of an acre, where lots of this size, privacy, and no rear neighbours are rarely found in Deer Ridge Estates. Built entirely in stone, this bungalow offers over 5,200 sq ft of fully finished living space and presents with quiet confidence from the street, surrounded by mature landscaping. Inside, the home opens with 10 foot ceilings and a layout that flows naturally from one space to the next. The kitchen is the focal point of the main living area. A full 9 foot quartz island anchors the space, paired with custom cabinetry, a Sub Zero fridge, and a Viking six burner gas range. It connects directly to the dining area and main living space, where a stone fireplace and large windows overlook the backyard. The main level offers three well proportioned bedrooms, including a primary suite set apart with dual walk-in closets and a spacious ensuite with heated floors, double vanity, and soaker tub. The lower level is fully finished and thoughtfully designed as a natural extension of the home, with a large recreation area, guest suite, full bathroom, and wet bar. A covered stone porch extends the living space outdoors, designed for both dining and lounging, and opens to a fully fenced backyard enclosed with iron rod fencing, making full use of the third of an acre lot, framed by mature evergreens and complemented by raised garden beds. Steps to the Walter Bean Grand River Trail, minutes from Deer Ridge Golf Club, and with easy access to highways, restaurants, entertainment, and shopping, this is a one-of-a-kind offering in one of Kitchener's most established neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$9,288.57/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.
945 RIVERSTONE Court, 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
Fair Market Value
At $840/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 54 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $8,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.