As noted previously, houses that sell for a million dollars are rare in Kitchener and Waterloo. In fact, the MLS database for the Kitchener-Waterloo Real Estate Board goes back to 1988 and only 34 such sales are on record. It may then surprise you to learn that 7 million dollar homes have sold through MLS already this year versus 4 in all of 2009. This is certainly encouraging news for the owners of the 18 active listings on MLS in K-W currently for sale for a million plus.
The home pictured above is in the exclusive Kiwanis Park area of Kitchener. It boasts 11,000 square feet of living space, backs on the Grand River and recently sold at a significant discount to the asking price of $4,250,000. By my count, it is the most expensive home ever sold in K-W through MLS!
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Century 21 Home Realty Inc. Brokerage