Renovated Walkout Basement 4-Bed in Laurentian Hills

Property details for 39 Reistview Street, Kitchener

Type: Residential
Bedrooms: 4
Bathrooms: 3
Lot Size: 29.9 x 98.4 FT
Stories: 2
Basement: Finished, Walk out, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick Facing
Ownership: Freehold
Annual Taxes: $4,124

The walkout basement is the real kicker here, it opens right onto the backyard, making the recreation room feel twice as big. Upstairs you've got four bedrooms, including a primary with a double-door closet, and they're all decent sizes. The main floor has that open-concept feel with a kitchen that's been done up with quartz counters and new appliances, plus there's a built-in microwave. You get central air and gas forced air heating, so the temperature's sorted year-round. It sits on a 29.9 x 98.4 foot lot with a custom deck off the back, and the brick front is low-maintenance. Parking's easy: attached garage plus room for two more out front. Just over a kilometre to Sobeys, and about 4 minutes' drive to the expressway. Taxes are reasonable at $4,124. Priced at $729,000, which is under the $814,500 median for this area, and with 20 active listings nearby, you've got a bit of room to negotiate.

About 39 Reistview Street, Kitchener — Property Score

Great Location

Score: 66/100

Value

Priced 6.5% below area median of $779,900 based on 382 comparable properties nearby 80

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

3 bathrooms - 1 more than similarly priced properties nearby 72

2,942 sqft lot - a compact lot for the area 55

Location

$94K median household income - above the Canadian average of $70K 77

82% of residents hold postsecondary credentials - a highly educated neighbourhood 90

79% homeownership rate - indicating a stable, owner-occupied community 85

73% of residents commute under 30 minutes - excellent commuter accessibility 88

6,771/km² population density - an urban neighbourhood 65

Market

Just listed - area average is 55 days on market 100

-9.7% median price change over 1 month - declining prices in the area 2

41 months of housing supply - 574 active listings with 14 sold last month (buyer's market) 40

Features

3-car garage - area average is 4.4 spots 80

Finished, Walk out, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.57% effective tax rate ($4,124/yr) - very low tax burden 83

22% renter population - primarily owner-occupied area 56

Quality

Condition

Listing

36 photos provided - below the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.