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Listed 26 days ago

320 Otterbein Road

, Kitchener

$1,549,000

Detached|2-Storey
4 | 5 | 4
About this home

No detail overlooked in this stunning modern luxury home! Located in Grand River North, offering 4+1 bedrooms, 5 bathrooms & is finished on all three levels: a beautiful display of design, quality, & style. Smooth stone, stucco, & glass come together to form the contemporary façade with an exposed aggregate driveway & stair leading to the front door. The 10' main floor ceilings & oversized windows create the bright canvas for the open tread, light oak staircase with glass railings; the impressive focal point of the home. The Spanish inspired rich foyer tile, beautifully contrasts the wide plank engineered hardwood, flowing throughout the main and second levels, and fluted feature wall. Floor to ceiling cabinets complete the two-tone kitchen with volumes of cupboard space, a waterfall centre island, & built-in stainless-steel appliances. Sharing the same open concept space with the kitchen, the dining room brings formality & the family room entertainment, showcasing an elegant feature wall with fireplace & decorative niches. A covered concrete patio spans the full width of the home & provides outdoor entertaining options. Accessible from the main level is the extra tall double garage, suitable for a car lift to stack & store your summer vehicle. A two-piece bathroom & office complete the main level. The second floor & basement both offer 9' ceiling heights, enhancing the finished spaces. The primary suite features a three-panel sliding glass door to a private balcony overlooking greenspace, a walk in closet,& luxury 5 piece ensuite with glass shower, soaker tub, & double vanity. Bedroom three also features its own 3-piece ensuite with the 5-piece main bathroom accessible from the hallway. Two bedrooms & laundry complete the second floor. The fully finished basement is the bonus space; offering a 5th bedroom, 3-piece bathroom, oversized recreation room & abundant storage space in the cold room under the entire covered patio space. A true masterpiece!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size3000-3500 sq. ft.
Property Tax$9,954
Lot Size44.77 ft x 112 ft
mls© NumberX13813782
Listed ByRE/MAX TWIN CITY REALTY INC.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,928
Property tax
$830
Heat allowance
$150
Housing costs
$8,908 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $309,800
25-yr amortization

Income needed

$274,000

gross annual household income

Payment at 4%
$6,518 / mo
Cash down
$309,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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