$975,000
For sale: Detached

MULTI-GENERATIONAL LIVING AT ITS BEST! Welcome to 275 Falconridge Drive, a spacious 2-storey home in Kitchener's desirable Lexington neighbourhood offering exceptional flexibility for growing and extended families. With nearly 2,000 sq. ft. above grade plus a fully finished basement, 5 bedrooms, 4 bathrooms, TWO kitchens and multiple living areas, this home provides the space to bring everyone together while still giving family members room and privacy of their own. The main floor features a bright, functional layout with an open-concept kitchen, dining and living area, perfect for everyday family life and entertaining. Upstairs, you'll find 4 spacious bedrooms, including a generous primary suite with its own ensuite. The finished basement takes this home to another level, featuring a SECOND KITCHEN, additional bedroom, full bathroom and recreation/living space. Whether you have parents, adult children, extended family or frequent overnight guests, the lower level provides incredible flexibility for how your family lives today and in the future. Outside, enjoy a private, fully fenced backyard and deck with plenty of room for summer BBQs, kids, pets and family gatherings. Located on a quiet, family-friendly street close to schools, parks, walking trails, shopping, restaurants and transit, with convenient access to Highway 7/8. 5 bedrooms. 4 bathrooms. 2 kitchens. Multiple living spaces. One home with room for everyone. If you've been searching for a property that can comfortably accommodate a larger or multi-generational family, 275 Falconridge Drive deserves to be seen.
Sold data
Detached homes in Waterloo took a median of 15 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 34, across 151 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 23 days.
The median sale price was $799,900.
Homes sold for about 0.7% below asking on average, so there was room to negotiate.
About 41% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 151 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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