49 OVERLEA Drive

About this home.

Welcome to this well-maintained 3-bedroom, 3-bathroom semi-detached home offering a carpet-free interior, finished basement, and a premium rear yard backing onto Queensmount Park with no rear neighbours. Located in Kitchener’s established Forest Hill neighbourhood, this home is minutes from schools, shopping, walking trails, transit, the Expressway, Downtown Kitchener, St. Mary’s Hospital, recreation centres, and everyday amenities. Inside, the bright living room features large windows, engineered hardwood flooring, and pot lights. The updated kitchen offers modern cabinetry, laminate countertops, backsplash, and is open to the dinette with sliding doors to the rear yard. The main floor also includes a 3-piece bathroom with walk-in shower and stackable washer/dryer connections, plus a separate side entrance with direct access to the garage and basement. An updated wood staircase with modern black spindles leads to the second level with 3 bedrooms and a 4-piece bathroom. The fully finished basement adds valuable living space with a spacious rec room, laundry room with sink, 3-piece bathroom with walk-in shower, and multiple storage closets. Outside, the attached garage and private 3-car driveway provide ample parking and storage. The fully fenced rear yard features a large stone patio, direct park access, and peaceful green space views. This is a move-in ready opportunity ideal for first-time buyers, families, downsizers, or investors seeking a convenient West Kitchener location. *Please note: Some photos contain virtual staging* (id:59491)

The full record.

How this listing prices against Forest Hill.

Forest Hill recorded 7 sales and 36 active listings, so supply is considerably higher than recent deal flow. The average price was $651,786, below the city average, and homes sold in 16 days, but at just 95.14 percent of list, showing that buyers still had leverage on price. This is a neighbourhood where homes can move fairly quickly when priced right, but sellers are not commanding full ask. Overall conditions look mixed, with decent activity but soft negotiating outcomes.

Estimate the monthly carry.