$ 1.060.000

24 Edgewood Drive, Kitchener

47 Photos

Primary Bedroom - 24 Edgewood Drive, Kitchener, ON N2M2A1 Photo 2

4pc Bathroom - 24 Edgewood Drive, Kitchener, ON N2M2A1 Photo 3

Kitchen - 24 Edgewood Drive, Kitchener, ON N2M2A1 Photo 4

Dining room - 24 Edgewood Drive, Kitchener, ON N2M2A1 Photo 5

Living room - 24 Edgewood Drive, Kitchener, ON N2M2A1 Photo 6

Primary Bedroom - 24 Edgewood Drive, Kitchener, ON N2M2A1 Photo 7

Bedrooms: 4
Bathrooms: 2
Living area: 2522 sqft

MLS®: 40542540
Type: Residential
Added: 71 days ago

Property Details

Legal Duplex! Purpose-built new in 2022. Conveniently located in Victoria Hills, close to all amenities. Property backs onto Belmont Park. Timeless open concept layouts in both units, outfitted with 9-foot ceilings in the basement. Natural light soaks in through the large windows. Each unit features its own private deck. Other features you'll love include the walk-in closets and the designer kitchens with quartz counters. Both units have signed leases, boasting a gross annual income of $54,000. Each unit has 2 beds and 1 bath. Lower unit comprises main and basement levels and includes garage. Upper unit comprises second level. Utilities in each unit are separately metered and tenants pay their own utilities. The discerning investor will realize the income potential of this newer, low maintenance property with no interior common areas to maintain. The neighbouring property (26 Edgewood Drive) is also available. Photos of Unit #2 are from 26 Edgewood Drive (same layout and finishes, but mirror reversed). (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Baseboard heaters, Forced air, Electric, Natural gas
Stories: 2
Basement: Finished, Full
Year Built: 2022
Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave Built-in
Directions: Head south on Belmont Ave W from Victoria St S; turn right onto Edgewood Dr; the property is on the right hand side.
Living Area: 2522
Lot Features: Paved driveway, Sump Pump, In-Law Suite
Photos Count: 47
Water Source: Municipal water
Parking Total: 3
Bedrooms Total: 4
Structure Type: House
Common Interest: Freehold
Parking Features: Attached Garage
Subdivision Name: 323 - Victoria Hills
Tax Annual Amount: 4872.48
Exterior Features: Stone, Vinyl siding, Brick Veneer
Security Features: Smoke Detectors
Foundation Details: Poured Concrete
Zoning Description: RES-4
Architectural Style: 2 Level

Room Dimensions

Type	Level	Dimensions
Bedroom	Second level	9'6'' x 14'2''
Primary Bedroom	Second level	10'0'' x 14'2''
4pc Bathroom	Second level	7'5'' x 8'6''
Kitchen	Second level	8'0'' x 8'7''
Dining room	Second level	8'0'' x 10'0''
Living room	Second level	11'11'' x 19'10''
Primary Bedroom	Basement	9'6'' x 14'6''
Bedroom	Basement	9'3'' x 10'8''
Utility room	Basement	4'1'' x 5'5''
4pc Bathroom	Basement	5'8'' x 9'6''
Storage	Basement	7'2'' x 9'10''
Living room	Main level	10'4'' x 19'11''
Dining room	Main level	9'0'' x 19'11''
Kitchen	Main level	8'8'' x 15'8''

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Nearby Places

Name	Type	Address	Distance
Queensmount Public School	School	21 Westmount Rd W	0.8 km
Queensmount Public School	Townshend, Southridge Public School, Williamsburg ...		0.9 km
St. Mary's General Hospital	Hospital	911 Queen's Blvd	0.9 km
St. Mary's General Hospital	It is the site of the Regional Cardiac Care Centre...		0.9 km
Dominion Tire Plant	It is the largest independent rubber mixing plant ...		1.1 km
Victoria Park, Kitchener	A Berlin(Kitchener) map from 1879 has a park calle...		1.2 km
Joseph Schneider Haus	Art gallery	466 Queen St S	1.4 km
Kitchener-Waterloo Collegiate and Vocational School	The school dates from 1855, making it one of the o...		1.6 km
Kitchener Waterloo Collegiate and Vocational School	School	787 King St W	1.6 km
Grand River Hospital	The hospital has 15 specialized programs and servi...		1.6 km
Grand River Hospital	Hospital	835 King St W	1.6 km
Charles St. Transit Terminal	This terminal is also used by a number of intercit...		1.8 km

Similar Houses Stat in Kitchener

We have found 6 Houses that closely match the specifications of the property located at 24 Edgewood Drive with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 899,000 and 1,349,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N2M2A1 postal code area of Kitchener Ontario Canada.

24 Edgewood Drive mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 24 Edgewood Drive. The current price of the property is $1,060,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $848,000. This would result in a monthly mortgage payment of $4,957 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	40
Certificate of Qualification	10
College	60
University degree at bachelor level or above	45

Neighbourhood Marital Status Stat

Married	185
Widowed	20
Divorced	25
Separated	5
Never married	155
Living common law	55
Married or living common law	245
Not married and not living common law	210

Neighbourhood Construction Date

1961 to 1980	55
1991 to 2000	10
1960 or before	155

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