$1,899,900
For sale: Detached

Welcome to 521 Falconridge Crescent, an exceptional custom-built home in Kitchener's coveted Kiwanis Park community. Situated on a premium -acre lot surrounded by beautiful homes, parks, and trails, this one-of-a-kind residence offers over 4,800 sq. ft. of finished living space with 6 bedrooms and 5 bathrooms.Designed for modern and multi-generational living, this home features a fully self-contained basement apartment with a separate entrance, custom kitchen, and private laundry. A dedicated nanny/in-law suite provides additional flexibility, complete with rough-ins for a third kitchen and laundry area.The stunning main floor is highlighted by soaring 17-foot coffered ceilings, a dramatic marble-surround fireplace, and expansive windows that flood the home with natural light. The chef-inspired kitchen overlooks the family room and features a 10-foot island with seating for four, premium stainless steel appliances, custom cabinetry, drawer organizers, and abundant storage.The main-floor primary retreat offers a cathedral ceiling, custom walk-in closet, luxurious 5-piece ensuite with heated floors, and direct access to the backyard. A private den with cathedral ceilings creates the perfect work-from-home space, while the mudroom features built-in storage and convenient main-floor laundry. Upstairs, you'll find a second primary bedroom with soaring ceilings, two additional spacious bedrooms, and a beautifully appointed main bathroom with heated floors, double sinks, and ample storage. Premium features include custom European windows and doors, electric blinds throughout, heated bathroom floors, irrigation and quality finishes throughout the home. Outside, the professionally landscaped backyard provides exceptional privacy and plenty of space for entertaining, family gatherings, or a future pool. A rare opportunity to own a truly unique home that perfectly blends luxury, comfort, and versatility in one of Kitchener's most sought-after neighbourhoods. "LUXURY CERTIFIED
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 32, across 277 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.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 $700,000.
Homes sold for about 1.1% below asking on average, so there was room to negotiate.
About 38% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 277 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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