Modern 2022 build with forest views in Grand River North

Property details for 320 Otterbein Road, Kitchener

Type: Residential
Style: Contemporary
Bedrooms: 5
Bathrooms: 5
Living Area: 3,936 square feet
Stories: 2
Basement: Finished, Full
Parking: Attached Garage
Heating: Forced air
Cooling: Central air conditioning
Exterior: Brick, Stucco
Ownership: Freehold
Annual Taxes: $9,954

Grand River North puts you 3.6 km from the Kitchener Aud and 3.7 km from Chicopee Ski Resort. This 2022 build is a 4,006 sq ft two-storey with brick and stucco outside. It's got 5 beds and 5 baths, with 4 beds upstairs and one in the finished basement. Main floor has 10-foot ceilings. Photos show a kitchen with floor-to-ceiling cabinets, stainless appliances, and a built-in double fridge. Hardwood floors run throughout. There's a glass railing on the wood staircase. Two fireplaces. Upstairs, 9-foot ceilings and two balconies look out to the greenbelt. Basement is fully finished with 9-foot ceilings, a rec room that's 53'8" by 18'5", a bedroom, a full bath, and two cold rooms. There's a large covered porch. The lot is 51 ft wide and partially fenced, backing onto greenbelt. An attached garage fits 4 cars with a concrete driveway. Taxes are $9,605. It's listed at $1,675,000, which matches the nearby median price.

About 320 Otterbein Road, Kitchener — Property Score

Prime Location Feature Rich Hot Market

Score: 67/100

Value

Priced 34% above area median of $1,249,850 based on 54 comparable properties nearby 19

$418/sqft - 13.6% above the $368/sqft area median 50

Stable pricing - no price changes since original listing date 50

Size

4,006 sqft - 14% more space than similarly priced homes (3,518 sqft median) 71

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

5 bathrooms - 1 more than similarly priced properties nearby 72

Location

$104K median household income - above the Canadian average of $70K 82

87% of residents hold postsecondary credentials - a highly educated neighbourhood 94

96% homeownership rate - indicating a stable, owner-occupied community 97

72% of residents commute under 30 minutes - excellent commuter accessibility 88

738/km² population density - a low-density residential area 65

Market

Just listed - area average is 53 days on market 100

+40.5% median price change over 1 month - rising prices in the area 100

20.2 months of housing supply - 363 active listings with 18 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.3 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

2 fireplaces - a desirable feature for Canadian winters 85

Built in 2022 (4 years old) - nearly new build with modern standards, newer than the area average (1986) 88

No premium extras like pool, waterfront, or view 50

Investment

0.57% effective tax rate ($9,605/yr) - very low tax burden 83

5% renter population - primarily owner-occupied area 36

Quality

Condition

Listing

46 photos provided - 24% more than the area average of 37 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.