Versatile Investment or Multi-Family Opportunity in Forest Hill – 218 Overlea Drive, Kitchener Welcome to 218 Overlea Drive — a spacious and well-maintained 4-level backsplit in Kitchener’s established Forest Hill neighbourhood. With 3+ bedrooms, 1.5 bathrooms, and multiple living areas across four finished levels, this detached home offers excellent flexibility for investors, large families, or multi-generational living. The main floor features a bright living room with oversized windows and an open flow through the dining area to the eat-in kitchen — creating a warm and functional space for everyday living. A charming sunroom at the back of the home offers year-round enjoyment, overlooking a private backyard that’s perfect for gatherings or relaxation. Upstairs, three well-sized bedrooms and a full bathroom provide comfortable accommodations for a family. The lower level adds even more living space with a large family room, additional bedroom/office/den, 2-piece bath, and a separate side entrance — ideal for an in-law suite, private guest quarters, or income-generating potential. The basement level offers flexibility for use as a rec room, storage, or future expansion, with a large crawl space for extra seasonal storage. Key updates include: Furnace & A/C (2018), Water Softener (2024). The home also features a single-car garage, generous driveway parking, and a location minutes to schools, hospitals, parks, shopping, and highway access. Whether you’re a savvy investor looking for rental income or a large/extended family in need of flexible living space, this property presents a fantastic opportunity in one of Kitchener’s most convenient neighbourhoods.
Under contract
C$709,999
218 Overlea Dr, Kitchener, ON N2M 1T3
4beds
1,573sqft
Single Family Residence, Residential
Built in 1968
5,516.71 Square Feet Lot
$-- Zestimate®
C$451/sqft
C$-- HOA
What's special
Functional layoutBright main living spaceLarge front-facing windowsWelcoming flowDining areaEat in kitchenAdditional sunroom
- 15 days
- on Zillow |
- 48 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 01:54pm
Listed by:
Margaret Yong Ping, Salesperson,
Royal LePage Wolle Realty
Source: ITSO,MLS®#: 40752942Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Second
Other
- Level: Second
Bathroom
- Features: 4-Piece
- Level: Second
Bathroom
- Features: 2-Piece
- Level: Lower
Other
- Level: Basement
Family room
- Level: Lower
Kitchen
- Level: Main
Laundry
- Level: Lower
Other
- Level: Main
Mud room
- Level: Lower
Sunroom
- Level: Lower
Utility room
- Description: Could be used as a Rec Room
- Level: Basement
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove, Washer
- Laundry: Lower Level
Features
- Central Vacuum, Central Vacuum Roughed-in, In-law Capability
- Basement: Full,Unfinished
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,573
- Total interior livable area: 1,573 sqft
- Finished area above ground: 1,573
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached Garage, Garage Door Opener, Asphalt, Private Drive Single Wide
- Attached garage spaces: 1
- Uncovered spaces: 3
Features
- Fencing: Full
- Frontage type: South
- Frontage length: 50.07
Lot
- Size: 5,516.71 Square Feet
- Dimensions: 50.07 x 110.18
- Features: Urban, Hospital, Library, Park, Place of Worship, Public Transit, Quiet Area, Schools, Shopping Nearby
Details
- Parcel number: 224780067
- Zoning: R2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Backsplit
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Vinyl Siding
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Kitchener
Financial & listing details
- Price per square foot: C$451/sqft
- Annual tax amount: C$4,314
- Date on market: 7/23/2025
- Inclusions: Central Vac, Dishwasher, Dryer, Garage Door Opener, Refrigerator, Stove, Washer
- Exclusions: Dehumidifier
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