882-888 FAIRWAY Road N

About this home.

A Rare Opportunity in the Heart of Kitchener – 2.9 Acres, 2 Homes, Endless Potential Discover an exceptional and truly one-of-a-kind property nestled on 2.9 acres in central Kitchener. This unique offering features two separate residences surrounded by mature trees and backing onto the scenic Lackner Woods Natural Area—a private oasis just minutes from every convenience. The main home, a beautifully updated 2,700 sq. ft. bungalow, offers 3 spacious bedrooms, 3 full bathrooms, and a host of high-end features including attached 4-car garage, heated floors, invisible fencing, 2 fireplaces, large sunroom with views of your own pond and manicured garden and a detached workshop and shed for added functionality and storage. The second residence is a charming 2-bedroom, 1-bathroom, 800 sq. ft. home currently operating as a successful Airbnb, complete with stainless steel appliances, separate hydro and gas meters, detached workout studio and surrounded by lush greenery and mature landscaping. Located within walking distance to a public elementary school and shopping, and just minutes to the highway, Chicopee Ski Club, Fairview Park Mall, and all major amenities. Whether you're seeking a multigenerational living setup, income potential, or a peaceful retreat with city conveniences—this property is a rare gem with limitless possibilities. (id:59491)

The full record.

How this listing prices against Idlewood/Lackner Woods.

Idlewood/Lackner Woods recorded 11 sales and 30 active listings, a moderate pace with more supply than closings. The average sale price was $811,577, above the city average, while homes sold in 23 days and at 96.8 percent of list, almost in line with city-wide conditions. This reads as a fairly balanced higher-priced neighbourhood rather than a strongly buyer- or seller-leaning one. Freeholds set the tone, with condos adding some variety at the margins.

Estimate the monthly carry.