20 days on Market

56 Steepleridge St, Kitchener, Ontario N2P 2W3

Detached
4 + 1
4
~2000-2500 sqft
$1,099,000
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Detached
4 + 1
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$494/sqft

Monthly cost

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CMA Subject Property

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+7

Properties sold*

$1.1M

Median sold price*

*Based on last 30 days

Description

Rare opportunity to own a detached 4-bedroom home with a fully separate, walkout basement apartment - ideal for rental income (aprox $2000/month), multi-generational living, or added flexibility. Walkout basements like this are hard to come by in the area, making this a stand out option for homeowners and investors alike. The main level offers a spacious layout with a large living room, separate family room, generous eat-in kitchen, and a full laundry room. Upstairs, you'll find four bright bedrooms, including a massive primary suite with cathedral ceilings, a walk-in closet, and a private ensuite. Downstairs, the bright, above-grade basement apartment features its own entrance, full kitchen, private laundry, and large windows that make it feel nothing like a typical basement. It walks directly out to the backyard - perfect for tenants or extended family. Located in a family-friendly Kitchener neighbourhood just minutes from the 401, schools, shopping, and parks, this home blends everyday comfort with real investment potential.


Property Details

Style2-Storey
View-
Age of property16-30
SqFt~2000-2500 SqFt
Lot Size4,608 SqFt(144 x 32)
Parking Spaces4
MLS ®NumberX12253646
Community NameDoon South
Data SourceTRREB
Listing byRE/MAX EXPERTS

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Fin W/O

Main Floor

Kitchen

0.0 x 0.0

Porcelain Floor / Combined W/Dining / Combined W/Family

Family

0.0 x 0.0

Cathedral Ceiling / Large Window / Combined W/Kitchen

5th Br

0.0 x 0.0

Window / Closet

Laundry

0.0 x 0.0

Window / W/O To Garage


Features

Lot size: 4,608 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Market Data - Doon South

Geo Zone Map ThumbnailDoon South

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

41 days

Compared to

2024

27 days

2023

13 days

2022

11 days

New Listings

Past 30 days

45 listings

Compared to

2024

23 listings

2023

37 listings

2022

55 listings

Units sold

Past 30 days

15 units

Compared to

2024

7 units

2023

16 units

2022

18 units

Median Sold Price

Past 30 days

$1,222,500

Compared to

2024

$1,075,000

2023

$1,051,000

2022

$1,105,001


Population and Demographics

Overview

Total population 13235
Average household income $160,126

Age (%)

0 to 19
31%
20 to 34
20%
35 to 49
25%
50 to 64
16%
65 and plus
8%

Household composition (%)

Single family
85%
Single person
11%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
68%
Punjabi (Panjabi)
10%
Mandarin
3%
Arabic
3%
Romanian
2%
Urdu
2%
Portuguese
2%
Spanish
2%
Gujarati
2%
Others
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget