$1,450,000 - 308 Deer Ridge Drive, Kitchener
Detached for Sale in Kitchener
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- MLS Number
- X13828588
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kitchener
- Taxes (2026)
- $9,209
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Rare opportunity to own a home in Deer Ridge, one of Kitchener's most established upscale communities. This 4-bedroom, 3-bathroom bungalow with a 2-car garage is set on a beautifully landscaped lot with no immediate side or rear neighbours, offering excellent privacy, large windows, & plenty of natural light. The main floor features 9 ft ceilings & hardwood flooring. A large entry opens to the living room with a 15 ft vaulted ceiling, floor-to-ceiling windows, & gas fireplace. The eat-in kitchen includes a large island, stainless steel appliances, plenty of cupboard space, & a door to the backyard patio. A formal dining room provides additional space for entertaining. The spacious primary bedroom has a walk-in closet & updated 4-piece ensuite with a soaker tub. The 2nd main-floor bedroom can also be used as an office & has cheater access to the main 4-piece bathroom. A laundry/mudroom with a utility sink & garage access completes this level. The finished basement has high ceilings, a large rec-room with a gas fireplace, 2 additional bedrooms, & a 3-piece bathroom. With this layout, the lower level offers excellent in-law suite potential or a private space for extended family or guests. There is also a large utility room with plenty of storage & a spacious cold room. Outside, the fully fenced backyard features a fiberglass saltwater pool, large patio, BBQ gas line, landscaped grounds, & excellent privacy with no immediate side or rear neighbours. This Deer Ridge Kitchener home is close to Deer Ridge Golf Club, Pioneer Tower Natural Area, the Walter Bean Trail, parks, shopping, restaurants, & Costco at Gateway Park Drive. Quick access to Highway 8 & Highway 401 makes commuting throughout Kitchener-Waterloo, Cambridge, Guelph, & the GTA convenient.
Estimate your monthly payments for this property
Estimated Payment
$6,413.84/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.
308 Deer Ridge Drive, 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
Fair Market Value
At $967/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kitchener. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $6,042 (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.