$749,000
For sale: Detached

Fantastic opportunity in Kitchener's sought-after Rosemount Heritage Park community! Welcome to16 Monterey Road, a spacious detached backsplit situated on a premium 55' x 110' lot andfeaturing a private in-ground swimming pool. Offering approximately 1,938 sq. ft. of finishedliving space (1,573 sq. ft. above grade plus approximately 365 sq. ft. in the finished lowerlevel), this home features 3 spacious bedrooms, 1.5 bathrooms and a functional split-levellayout with minimal stairs. Enjoy a large separate family room with fireplace, separate diningroom and dedicated Art Room offering additional space to personalize to your lifestyle. Theupgraded kitchen features quartz countertops, backsplash, upgraded appliances and amplecabinetry, complemented by modern luxury vinyl flooring. The bright lower level offers largewindows providing plenty of natural light, a spacious recreation room with home bar and pooltable, powder room, and patio doors with direct access to the backyard. The basement levelfeatures laundry and a furnace room, along with a large unfinished crawl space under thebedroom area providing additional storage.Step outside to your private backyard oasis featuring an in-ground swimming pool and patio,perfect for summer entertaining and family gatherings. The pool is currently closed for theseason; listing photos and video showcase the pool while open. Additional features include awater softener, side entrance, direct access to the double-car garage, and parking for up to 6vehicles. Conveniently located close to schools, parks, shopping, public transit and majoramenities.Great opportunity to own a spacious detached home with a private pool and premium lot-come seeeverything this home has to offer! As per Seller, the in-ground pool is a concrete chlorinepool, and the pool surface was redone approximately 3 years ago. The pool is equipped with aheater. The furnace was replaced in 2023.
Sold data
Detached homes in Kitchener took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 31, across 288 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.
The median sale price was $699,900.
Homes sold for about 1.0% below asking on average, so there was room to negotiate.
About 39% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 288 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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