$ 699,999

Greenspace Backing Family Home Near Chicopee

Property details for 508 Veronica Drive, Kitchener

Type
Residential
Style
Other
Bedrooms
3
Bathrooms
4
Living Area
2,333 square feet
Stories
2
Basement
Finished, Full
Parking
Attached Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick, Vinyl siding
Ownership
Freehold
Annual Taxes
$4,355

Backing onto greenspace, this 2-storey on Veronica sits in Stanley Park/Centreville, just under a km from Chicopee Ski & Summer Resort and a short drive to Fairview Park Mall. Built in 2000, it's a solid 2,162 sq ft layout with brick and vinyl exterior. Inside, no carpet anywhere, which keeps things simple. Main floor flows from living room (16'2" x 11') to dining to a kitchen featuring gas stove (2025) and dishwasher (2021). Three bedrooms up top, including a primary with ensuite and decent closet space. Basement's finished with a huge rec room (21'3" x 19'11") plus a half bath and cold room. Parking's easy: attached garage and three spots total. The backyard's fully fenced with a deck and gazebo, and you'll have greenspace right behind. New furnace and A/C in 2025. Property taxes run $4,355 annually. List price $749,999, which undercuts the $824,900 median sold price in the area, though homes here average 32 days on market. Schools nearby include Eastwood Collegiate (2.5 km) and Rockway Mennonite (2.8 km).

About 508 Veronica Drive, Kitchener — Property Score

67
Prime Location
Score: 67/100
Value
66
Priced 1.7% above area median of $737,450 based on 132 comparable properties nearby 67
$347/sqft - 8.2% below the $378/sqft area median 82
Stable pricing - no price changes since original listing date 50
Size
71
2,162 sqft - 13% more space than similarly priced homes (1,914 sqft median) 70
3 bedrooms - typical for similarly priced homes 60
4 bathrooms - 2 more than similarly priced properties nearby 84
Location
85
$85K median household income - above the Canadian average of $70K 73
82% of residents hold postsecondary credentials - a highly educated neighbourhood 90
79% homeownership rate - indicating a stable, owner-occupied community 85
76% of residents commute under 30 minutes - excellent commuter accessibility 91
1,670/km² population density - a well-balanced suburban area 87
Market
47
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
74
3-car garage - area average is 4.4 spots 80
Finished, Full basement - adds valuable living space 85
efficient gas forced air heating 80
Central air conditioning - whole-home cooling 90
Built in 2000 (26 years old) - may benefit from selective updates, newer than the area average (1975) 58
No premium extras like pool, waterfront, or view 50
Investment
69
0.58% effective tax rate ($4,355/yr) - very low tax burden 83
21% renter population - primarily owner-occupied area 55
Quality
50
Condition
50
Listing
89
37 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.

Full Listing Description

All Property Details

Neighbourhood Census Data

Kitchener, Ontario

Population
921
Median Age
34.8
Median Income
$37,376
Dwelling Value
$340,541

Housing Tenure

Owners 79%
Renters 21%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.9
Pop. Density: 1,670.3/km²
Avg Shelter Cost: $1,413/mo
Owners with Mortgage: 77.6%
Owners Spending 30%+: 16.3%
Tenants Spending 30%+: 46.2%
English only: 89.6%
French only: 0.5%
English and French: 5.5%
Neither: 3.8%
Median Household Income: $85,312
Median Employment Income: $37,984

Price History

Contact Agent Get in touch about 508 Veronica Drive, Kitchener

TONY JOHAL
TONY JOHAL
RE/MAX TWIN CITY REALTY INC.