HN
498 BANKSIDE Drive, Kitchener, ON N2N 3J3, Kitchener, ON
$749,000

498 BANKSIDE Drive, Kitchener, ON N2N 3J3, Kitchener, ON

Kitchener, ON N2N 3J3
4 beds 4 baths Att/Row/Townhouse

About this home

Welcome to 498 Bankside Drive an impeccably renovated 3+1 bedroom corner townhouse that masterfully combines modern elegance with functional living. This home boasts a host of luxurious upgrades, including brand-new appliances, a state-of-the-art AC system, and energy-efficient windows backed by a 25-year warranty, ensuring unparalleled comfort and peace of mind. The fully finished walk-out basement, featuring a separate entrance, offers endless possibilities from additional living space to an ideal in-law suite. Inside, you'll be captivated by the expansive, freshly updated interior that effortlessly flows from room to room, each bathed in natural light thanks to the home's corner lot position. The private backyard oasis is perfect for both relaxation and entertaining, and the thoughtfully designed storage shed is ideal for all your tools and outdoor essentials. Nestled in the highly coveted Beechwood Forest neighborhood, this home enjoys the added benefit of backing onto serene greenspace with no rear neighbors. Experience the tranquility and privacy, while still being just minutes from top-rated schools, parks, shopping, and convenient access to Hwy 401 for easy commuting. With every detail meticulously designed, this move-in-ready gem is a rare find. Seize the opportunity to call this exceptional home yours schedule your private tour today!

Property Score

53/ 100
Overall Property Score
fair

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
75/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
75/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
101% of city avggood
Priced above Kitchener's average of $745,000.
Appreciation Trend
+1.7%/yrgreat
Kitchener has seen +1.7% YoY price change.
Monthly Cash Flow
-$2,378/mopoor
Estimated -$2,378/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
1.80%poor
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13106060
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.