$499,000
For sale: Detached

Gerard Avenue sits on the quieter side of Kitchener, in a pocket of the city that doesn't get talked about enough. The street is lined with mature trees and homes that have been well-rooted here for decades, on lots that give neighbours actual breathing room between them. It's the kind of place people move to and stay. This 1956 bungalow offers three bedrooms, a 4-piece bath, and a layout that keeps everything on one level without feeling cramped. The living room is generous by bungalow standards, anchored by a gas fireplace, with a separate dining area and a breakfast nook behind it that make the main floor feel bigger and more livable than you might expect. The natural light through the front-facing windows is easy to underestimate until you're standing in it. The kitchen is functional and practical, with everything you need to work with. The full basement adds meaningful square footage below grade: a large rec room, a dedicated workshop for the projects that never quite fit in a standard garage, and laundry tucked away where it belongs. A detached home on a quiet street with more going for it than the price suggests. The lot is level with a yard that has real outdoor space, a garage and private driveway out front, and fresh sod already laid. Minutes from Fairview Park Mall, excellent schools, parks, and transit. For the buyer who wants a real neighbourhood at a price that's increasingly hard to find on a detached home in this city, this one is worth a serious look.
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 12 days and the slowest quarter taking more than 34, across 321 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 33 days.
The median sale price was $714,800.
Homes sold for about 1.0% below asking on average, so there was room to negotiate.
About 42% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 321 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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