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Property Type: Detached HouseOwnership: Freehold
104 MAUSSER Avenue
Kitchener, ON N2M3K5
MLS® 40861081
$700,000
4 bed2 bath5 parking2,252 sqftBuilt 1952
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
RES - 4
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,021.16
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 7'5'' x 4'3'' |
| 3pc Bathroom | Basement | 9'3'' x 5'9'' |
| Bedroom | Basement | 11'7'' x 10'7'' |
| Recreation room | Basement | 28'3'' x 12'0'' |
| Bedroom | Second level | 12'5'' x 13'10'' |
| Bedroom | Second level | 13'3'' x 12'11'' |
| 3pc Bathroom | Main level | 9'10'' x 8'0'' |
| Primary Bedroom | Main level | 14'2'' x 11'6'' |
| Living room | Main level | 14'2'' x 11'6'' |
| Dining room | Main level | 7'11'' x 11'6'' |
| Kitchen | Main level | 7'0'' x 15'7'' |
Description
This versatile 4-bedroom, 2-bathroom home offers the opportunity of modern family comfort, incredible investment potential, or an ideal mortgage-helper setup. The main floor welcomes you with a bright, open-concept layout that effortlessly connects the living spaces to a beautifully updated kitchen with granite countertop, creating the perfect hub for everyday family living. The smart layout features one bedroom on the main floor and two spacious bedrooms upstairs, while the fourth bedroom is located in the basement. The lower level serves as a massive asset, doubling as a spacious family room or converting easily into a completely separate duplex unit. This private basement space comes equipped with its own kitchen, living room, and bathroom, offering an exceptional opportunity to generate rental income to offset your mortgage or house extended family. Outside, the property shines with a large lot situated on a peaceful, quiet street, featuring a detached garage that is perfectly suited to park the car or become a dream workshop, man cave or she shack. (id:63159)
Listing Information
- MLS®
- 40861081
- Data last synced
- September 29, 2026
Re/Max Icon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Icon Realty
MLS® Number: 40861081
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$311/sqft
Building average
—
No other active listings in this building
325 - Forest Hill average
$433/sqft
38 active listing(s)
Parking: 5 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Kitchener-Waterloo
4°C
Mist
Humidity 97%
Wind N 4 km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
256,885
(2021 Census)
+10.1% since 2016
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($45,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$560,000.00
Periodic payment — Principal & Interest (monthly)$3,612.93
Additional monthly expenses (condo fees, tax, utilities, etc.)$448.10
Total monthly cost$4,061.03
Interest paid over 5-yr term$160,497.61
Balance at end of term$503,721.81
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$45,000
Stress test qualifying rate8.19%
Payment you must qualify for$5,078.70
Cash Needed at Closing
Minimum down payment$45,000
Estimated Land Transfer Tax (LTT)$10,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,975
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
