882 FAIRWAY Road
Kitchener, Ontario
3 bed • 2 bath • Single Family
A Rare Opportunity in the Heart of Kitchener – 2.9 Acres, 2 Homes, Endless Potential Discover an exceptional and truly one-of-a-kind property nestled on 2.9 acres in central Kitchener. This unique offering features two separate residences surrounded by mature trees and backing onto the scenic Lackner Woods Natural Area—a private oasis just minutes from every convenience. The main home, a beautifully updated 2,700 sq. ft. bungalow, offers 3 spacious bedrooms, 3 full bathrooms, and a host of high-end features including attached 4-car garage, heated floors, invisible fencing, 2 fireplaces, large sunroom with views of your own pond and manicured garden and a detached workshop and shed for added functionality and storage. The second residence is a charming 2-bedroom, 1-bathroom, 800 sq. ft. home currently operating as a successful Airbnb, complete with stainless steel appliances, separate hydro and gas meters, detached workout studio and surrounded by lush greenery and mature landscaping. Located within walking distance to a public elementary school and shopping, and just minutes to the highway, Chicopee Ski Club, Fairview Park Mall, and all major amenities. Whether you're seeking a multigenerational living setup, income potential, or a peaceful retreat with city conveniences—this property is a rare gem with limitless possibilities.
Price History
Schools
Elementary
- Chicopee Hills Public School0.2 km
Public · Waterloo Region DSB · 795 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 57% met the provincial standard
- Saint John Paul II Catholic Elementary School0.4 km
Catholic · Waterloo CDSB · 655 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 74% met the provincial standard
- Notre Dame Catholic Intermediate School0.8 km
Catholic · Waterloo CDSB
Secondary
- Notre Dame Catholic High School0.8 km
Catholic · Waterloo CDSB
- École secondaire David Saint-Jacques1.5 km
French public · CS Viamonde · 105 students
Grade 10 literacy: 100% met the provincial standard
- Grand River Collegiate Institute2.4 km
Public · Waterloo Region DSB · 1560 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2A
- Population
- 32,454
- Private dwellings
- 12,178
- Median age
- 39.2
- Average household size
- 2.7
- Median household income
- $96,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,923
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,923 recorded sales of single family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$430,000
Estimated Monthly Payment
$10,562
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $10,562/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $538/mo
Estimates only. Consult a financial advisor.
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