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Property Type: Detached HouseOwnership: Freehold
118 WHEATFIELD Crescent
Kitchener, ON N2P1P7
MLS® 40871687
41
Walk Score
42
Transit
35
Bike
$699,000
3 bed2 bath3 parking1,657 sqftBuilt 1979
41
Walk Score
42
Transit
35
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Raised bungalow
- Stories
- 1
- Frontage
- 48 feet
R2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,260
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | 5'8'' x 11'7'' |
| 3pc Bathroom | Basement | — |
| Office | Basement | 11'4'' x 12'2'' |
| Recreation room | Basement | 13'3'' x 24'2'' |
| 4pc Bathroom | Main level | 4'11'' x 10'6'' |
| Bedroom | Main level | 9'0'' x 11'6'' |
| Bedroom | Main level | 8'5'' x 11'6'' |
| Primary Bedroom | Main level | 10'6'' x 12'5'' |
| Kitchen | Main level | 9'8'' x 10'6'' |
| Dining room | Main level | 8'0'' x 9'1'' |
| Living room | Main level | 11'3'' x 17'3'' |
Description
Welcome to 118 Wheatfield Crescent, Kitchener! This beautifully maintained, carpet-free raised bungalow offers modern comfort, thoughtful updates, and move-in-ready appeal. Located on a quiet, family-friendly crescent just steps from parks and schools, this inviting home is sure to impress! The bright main level features beautiful hardwood flooring, newer windows, and an abundance of natural light. The updated kitchen boasts stylish cabinetry and elegant granite countertops, while spacious bedrooms and a renovated main bathroom add to the home's appeal. Downstairs, the cozy family room features a gas fireplace and large windows, complemented by a full bathroom and private office space. Step outside to the fully fenced backyard, where a spacious deck is perfect for summer barbecues, entertaining, or enjoying your morning coffee in a peaceful setting. Enjoy peace of mind with numerous important updates, including GAF 50-year architectural roof shingles, updated fascia and soffits, an updated electrical panel, central air conditioning (2021), a water softener (2021), an owned water heater (2025), and upgraded attic insulation to R-60 (March 2025). Newer windows throughout and a washing machine replaced in 2020 add even more value. The location is ideal, with parks, schools, shopping, and everyday amenities nearby. Public transit is just around the corner, and Highway 401 is less than 10 minutes away for easy commuting. Whether you're a first-time buyer, downsizing, or looking for a wonderful place to grow, this lovingly cared-for home offers comfort, convenience, and a welcoming neighbourhood to call home. Well maintained, thoughtfully updated, and ready for its next chapter! Don't miss your opportunity to make 118 Wheatfield Crescent yours. Offers accepted anytime! (id:63161)
Listing Information
- MLS®
- 40871687
- Data last synced
- October 26, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40871687
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
$422/sqft
Building average
—
No other active listings in this building
335 - Pioneer Park/Doon/Wyldwoods average
$389/sqft
75 active listing(s)
Parking: 3 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% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (condo fees, tax, utilities, etc.)$438.00
Total monthly cost$4,045.77
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$44,900
Stress test qualifying rate8.19%
Payment you must qualify for$5,071.72
Cash Needed at Closing
Minimum down payment$44,900
Estimated Land Transfer Tax (LTT)$10,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,855
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.
