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43.73° N · 79.40° W — Toronto & nearby · 9,739 homes for sale today43.73° N · 79.40° W — 9,739 homes today(647) 554-7436Saved

43.4580° N · 80.4613° W — Kitchener — MLS® #X14154824

242 Sherwood Ave

$549,900

Kitchener, Ontario N2B 1K3

3
BedroomsBeds
1
BathroomsBaths
1100-1500 sqft1100-1500
SizeSq ft
60.36 x 118 ft
Lot sizeLot

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
Or call Shemeer Ahmad(647) 554-7436

In short · from the listing record

242 Sherwood Ave is a 3-bedroom, 1-bathroom detached house in Kitchener, listed for sale at an asking price of $549,900 (MLS® X14154824).

Welcome to 242 Sherwood Avenue, Kitchener! This charming home offers many updates throughout, making it a fantastic opportunity for first-time home buyers, empty nesters, and downsizers alike! Step inside to discover a bright and spacious newly updated kitchen featuring plenty of cabinetry, generous prep space, and a convenient breakfast bar for casual dining. A side entrance off the kitchen provides easy access to the detached garage and parking area. The inviting dining area flows seamlessly into the kitchen and features a stunning double-sided wood-burning fireplace that connects to the cozy living room. With soaring ceilings, plenty of natural light, and the warmth of the fireplace, the living room is the perfect place to relax and unwind. New flooring throughout the main level adds a fresh, modern feel. The main floor also offers three generously sized bedrooms, all featuring stylish sliding barn door closets, along with a 4-piece bathroom. The unspoiled basement offers endless possibilities and plenty of potential to create additional living space to suit your needs. Outside, enjoy a spacious side yard with room for outdoor entertaining, gardening, or simply relaxing. A detached single-car garage and driveway parking for two vehicles add to the convenience of this property. With its many updates, functional layout, and inviting atmosphere, this home is ideal for those looking to enter the market or enjoy the convenience of main-floor living. Don't miss your chance to call 242 Sherwood Avenue home!

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 78Good

    Condition score

    2 documented update signals

    Listing age, structured features and disclosed update language; not an inspection.

  • 51Near break-even

    Cash flow quality

    −$262/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 42 detached homes with 3 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$4,232 / 2026
MLS® number
X14154824
Board
TRREB MLS®
Property Type
Detached
Time on market
Size
1100-1500 sqft
Lot Size
60.36 x 118 ft
Listed on
Parking
1 Detached, 3 Parking

Listing history

Listing activity for 242 Sherwood Ave, Kitchener, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$549,900N/AFor SaleX14154824

Inside

Room by room

From the listing.

Main7 rooms
  • Bathroom1.68 × 3.12 m4 Pc Bath
  • Br3.3 × 3.45 m
  • Br3.23 × 3.12 m
  • Dining2.82 × 3.56 m
  • Kitchen4.04 × 3.48 m
  • Living6.07 × 3.48 m
  • Br3.53 × 3.48 m

Property

Property Type
Detached
Style
Bungalow
Municipality
Kitchener

Building

Size
1100-1500 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
1
Bathroom Details
1 × 4pc Main
Basement Type
Unfinished
Kitchens
1

Parking

Garage Type
Detached
Garage
1
Additional Parking
2
Total Parking
3

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
60.36 ft
Depth
118 ft
Lot Size
60.36 x 118 ft

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
BordenGRT light rail: ION light rail2.1 km
Kitchener MarketGRT light rail: ION light rail2.2 km
FrederickGRT light rail: ION light rail2.3 km
Kitchener City HallGRT light rail: ION light rail2.5 km
Kitchener GOGO Transit train: Kitchener2.6 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.

Around it

Detached in Kitchener

Active listings only, today.

Detached homes for sale in Kitchener right now

For sale now
333
Median asking price
$800K

Middle half: $670K to $1.05M

New in 7 days
43

153 in 28 days

Price cuts
19%

63 listings

This home is asking 31% below the median, lower than three quarters of them.

See all homes in Kitchener

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

Lot

Lot area
7,122 sq ft662 m²
Street frontage
60.36 ft18.4 m
Depth
118 ft36 m
60.36 × 118 ftSHERWOOD AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land transfer tax on this home

Ontario land transfer tax
$7,473
Total land transfer tax
$7,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $549,900
$2,998
Ontario total
$7,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • Smithson Public SchoolWaterloo Region DSBPublic · grades JK–668%Grade 6 average450 m
  • Rosemount Grand RiverWaterloo Region DSBPublic · grades JK–8—550 m
  • St Anne Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8 · French Immersion72%Grade 6 average1.1 km
  • École élémentaire L'HarmonieConseil scolaire ViamondeFrench-language public · grades JK–884%Grade 6 average4.1 km

SecondaryGrade 9 math 2024–25

  • Rosemount - U Turn SchoolWaterloo Region DSBPublic · grades 9–12—550 m
  • Grand River Collegiate InstituteWaterloo Region DSBPublic · grades 9–1258%Grade 9 math1.9 km
  • St Mary's High SchoolWaterloo CDSBCatholic · grades 9–1248%Grade 9 math4.3 km
  • École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–1270%Grade 9 math4.8 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$549,900

A month, all in

$2,862

  • Mortgage$2,509
  • Property tax$353

A planning figure, not a quote.

Land transfer tax

$7,473

$3,473 for first-time buyers.

Rent, similar homes

$2,600

a month, median asking rent of 42 similar homes in Kitchener.

Community

Who lives around it

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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(647) 554-7436

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