3-Bed 2015 House Backing onto Green Space in Kitchener's Moorlands

Property details for 242 Moorlands Crescent, Kitchener

Type: Residential
Style: Other
Bedrooms: 3
Bathrooms: 3
Living Area: 1,519 square feet
Stories: 2
Basement: Unfinished, Full
Parking: Attached Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $5,343

This 2015-built freehold in Kitchener's Moorlands area gives you 1,519 square feet of living space with a layout that actually works, and it backs directly onto green space. Three beds, 2.5 baths, plus a second-floor laundry that'll save you from hauling baskets up and down the stairs. The main floor has a powder room, a proper dining room with dimensions of 10'6" x 10'0", and a kitchen with a centre island and built-in pantry. The great room measures 13'11" x 10'3", and there's a walk-in closet in the primary bedroom along with a private ensuite. The unfinished basement is a blank canvas with a full footprint for future customization. But the real showstopper is outside: a 30-foot frontage lot with direct access to open green space, perfect for kids or dogs, and it's a quiet end-of-crescent spot. You're 2.9 km from Huron Heights Secondary School, 3.5 km from Conestoga College's Doon Campus, and about 5-6 km from prime spots like Costco, Fairview Park Mall, and a cluster of chain restaurants that'll give you options. Proximity to Highway 401 is a plus for commuters. Priced at $729,900 with annual property taxes of $5,343, it sits above the area's median sold price of $649,900, but the recent upgrades and backing green space justify the premium. Comparable homes nearby are selling within about 49 days, so before you know it, this one could be gone.

About 242 Moorlands Crescent, Kitchener — Property Score

Prime Location

Score: 64/100

Value

Priced 8.5% above area median of $672,450 based on 92 comparable properties nearby 57

$481/sqft - 10.6% above the $435/sqft area median 54

Stable pricing - no price changes since original listing date 50

Size

1,519 sqft - 19% less space than similarly priced homes (1,882 sqft median) 45

3 bedrooms - typical for similarly priced homes 60

3 bathrooms - 1 more than similarly priced properties nearby 72

Location

$130K median household income - well above the Canadian average of $70K 95

88% of residents hold postsecondary credentials - a highly educated neighbourhood 95

95% homeownership rate - indicating a stable, owner-occupied community 97

65% of residents commute under 30 minutes - excellent commuter accessibility 82

1,029/km² population density - a well-balanced suburban area 80

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

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Built in 2015 (11 years old) - well within modern building standards, newer than the area average (1975) 70

No premium extras like pool, waterfront, or view 50

Investment

0.73% effective tax rate ($5,343/yr) - below the Canadian average of ~1% 78

5% renter population - primarily owner-occupied area 36

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.