$1,199,900 - 215 Terrace Wood Crescent, Kitchener
Detached for Sale in Kitchener
New — Listed 7 days ago- MLS Number
- X13506456
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kitchener
- Listing Brokerage
- RE/MAX Solid Gold Realty (II) Ltd
A very rare Deer Ridge opportunity. A one-owner, custom built bungalow ready for a new owner! This home was lovingly built by Charleston Homes in 2004 on a manicured, mature 60 x 131 foot lot that backs onto a serene walkway proving a buffer between you and Riverstone Court behind. The open concept kitchen/great room space will provide excellent family or entertainment space and are complimented by wide-plank oak hardwood floors! The kitchen offers abundant cabinets and counter space plus appliances included (Bosch dishwasher & LG fridge with ice/water features). Walkout from terrace doors directly from your dinette area to a generous sized pressure treated wood deck (rebuilt in 2025) and just admire your huge, fully fenced rear yard! The Great Room offers a cozy gas fireplace to warm the coldest winter nights. The main floor layout has 2 bedrooms and a large den/office at the front of the home. The Primary suite has a large walk-in closet and a 5 piece ensuite finished with double sinks, an oval soaker tub and a walk-in shower. The unspoiled lower level is just waiting for your imagination to run wild! Here is a list of the extras and updates. New hi-efficiency heat pump gas furnace and central air in 2023 with HRV, wide plank oak hardwood in the main hallway, great room, dining room, kitchen & dinette, garage door openers and central vacuum. The front exterior is eye catching with full landscaping and an attractive stamped concrete double wide driveway. There is a Direct Detect fire prevention system in the home. The monitoring fee is $50.52 semi-annually.
Estimate your monthly payments for this property
Estimated Payment
$5,307.56/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kitchener
Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kitchener
- •Convenient location in Kitchener
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
215 Terrace Wood Crescent, Kitchener
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Kitchener are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.