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24 JACOB GINGRICH Drive
Beds
5
Baths
5 full + 1 half
Sqft
5,631
Year
2009
Type
Single Family
On market
71d
Welcome to 24 Jacob Gingrich Drive!! A Luxury Masterpiece in Deer Ridge Estates. Experience refined living in this executive, custom built detached home nestled in the prestigious neighborhood. Offering over 5,600 sq. ft. of impeccably finished living space, this residence seamlessly blends modern elegance with exceptional craftsmanship. Step inside to discover an award winning gourmet kitchen, thoughtfully designed with premium appliances, sleek granite countertops, a built in breakfast nook, and soaring 10-foot coffered ceilings. Entertain effortlessly in the separate formal living and dining rooms, or unwind in the breathtaking family room highlighted by dramatic 22'ft high ceilings. Luxury is evident in every detail from in floor heating and custom glass insert doors to the stunning glass railed wooden staircase leading to a versatile loft space. The primary suite is a true private retreat, featuring a covered porch, direct backyard access through sliding doors, and a spa inspired ensuite complete with a glass steam sauna, rainfall shower with body jets, and a custom walk in closet. The fully finished basement is designed for ultimate entertaining, boasting 9'ft ceilings, large lookout windows, and a built in home theatre with surround sound. Enjoy a wet bar, wine cellar, home gym, and game room. A second master suite with ensuite offers excellent in-law suite potential. Step outside into your professionally landscaped backyard oasis, featuring a covered patio, built in Napoleon BBQ, luxury spa hot tub, and a full sprinkler system for effortless maintenance. Interlocked driveway with parking for up to 6 vehicles(no sidewalk) Oversized garage with a Tesla charger. Prime location just minutes to Highway 401, shopping, top rated schools, and three premier golf clubs. This is a rare opportunity to own a truly exceptional home in one of the area’s most sought after communities. Your dream home awaits!! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Bedroom | 15'1'' x 16'1'' | |
| Bedroom | 15'1'' x 12'4'' | |
| Media | 20'7'' x 17'7'' |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | — | |
| 2pc Bathroom | — | |
| Living room | 16'8'' x 12'1'' | |
| Dining room | 14'2'' x 11'1'' | |
| Mud room | 7'1'' x 13'1'' | |
| Kitchen | 21'9'' x 17'1'' | |
| Family room | 25'6'' x 21'8'' | |
| Primary Bedroom | 15'1'' x 16'1'' | |
| Foyer | 9'4'' x 6'8'' |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| 4pc Bathroom | — | |
| Bedroom | 16'1'' x 11'2'' | |
| Bedroom | 11'2'' x 16'1'' |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.63%
Cap rate
4.74%
GRM
13.9
Break-even rent
$11,304
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kitchener. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.