7 days on Market

882-888 Fairway Rd, Kitchener, Ontario N2A 0C2

Detached
3
2
~4511 sqft
$2,295,000
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Detached
3
2
~4511 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$508/sqft

Monthly cost

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CMA Subject Property

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+9

Properties sold*

$975K

Median sold price*

*Based on last 30 days

Description

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 and 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.


Property Details

StyleBungalow
ViewPond
Age of property1954
SqFt~4511 SqFt
Lot Size128,017 SqFt(433.12 x 295.57)
Parking Spaces19
MLS ®Number40749937
Community NameGrand River South
Data SourceITSO
Listing byC M A REALTY LTD.

Features

Heating: Fireplace(s), Fireplace-Gas, Forced Air
Cooling: Central Air
Basement: Crawl Space, Unfinished

Main Floor

Living Room

7.11 x 7.75

Dining Room

3.78 x 3.76

Kitchen

3.30 x 3.73

Bedroom Primary

4.42 x 4.55


Features

Lot size: 128,017 SqFt
Sewer (Municipal)

Parking

Garage spaces 4

Garage type -

Other parking spaces 15

Total parking spaces 19


Market Data - Grand River South

Geo Zone Map ThumbnailGrand River 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

12 days

Compared to

2024

14 days

2023

14 days

2022

7 days

New Listings

Past 30 days

20 listings

Compared to

2024

15 listings

2023

11 listings

2022

28 listings

Units sold

Past 30 days

7 units

Compared to

2024

9 units

2023

9 units

2022

8 units

Median Sold Price

Past 30 days

$1,100,000

Compared to

2024

$975,000

2023

$1,200,000

2022

$1,010,000


Population and Demographics

Overview

Total population 8635
Average household income $153,406

Age (%)

0 to 19
30%
20 to 34
17%
35 to 49
26%
50 to 64
17%
65 and plus
11%

Household composition (%)

Single family
82%
Single person
14%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
73%
Punjabi (Panjabi)
4%
Serbian
4%
Others
3%
Gujarati
2%
Romanian
2%
Arabic
2%
Spanish
2%
Vietnamese
1%
Mandarin
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget