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Property Type: Detached HouseOwnership: FreeholdNEW LISTING
119 IAN ORMSTON DRIVE
Kitchener, ON N2P0K3
MLS® X14117052
16
Walk Score
28
Transit
32
Bike
$999,000
4 bed4.5 bath4 parking
16
Walk Score
28
Transit
32
Bike
Open House
Saturday, October 31
2:00 PM – 4:00 PM
Sunday, November 1
2:00 PM – 4:00 PM
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 36.1 x 103.6 M
- Frontage
- 36.06 meters
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,652 (2025)
Interior
- Basement
- Unfinished, N/A
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Family room | Second level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Bathroom | Main level | — |
| Primary Bedroom | Second level | — |
| Bathroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bathroom | Second level | — |
| Bedroom 3 | Second level | — |
| Bedroom 4 | Second level | — |
Description
Welcome to this well-maintained detached two-storey home featuring 4 spacious bedrooms, 3.5 bathrooms, and a thoughtfully designed layout that offers the perfect combination of comfort, functionality, and space for modern family living. With impressive 9-foot ceilings on the main floor, second floor, and basement, this home offers a bright, open, and spacious atmosphere throughout. The main floor features inviting living and dining areas, a functional kitchen, a convenient laundry room, and a powder room, providing an ideal setting for everyday living, family gatherings, and entertaining guests. The second floor offers 4 generously sized bedrooms, 3 full bathrooms, and an additional family room, creating a comfortable space for relaxation, entertainment, or quality family time. Additional highlights include ample parking for up to 4 vehicles, with 2 spaces in the garage and 2 on the driveway. The unfinished basement, also featuring 9-foot ceilings, provides valuable storage space and excellent potential for future customization to suit your family's evolving needs. Whether you envision a recreation room, home office, fitness area, or additional living space, the basement offers exciting possibilities. With its spacious layout, high ceilings throughout all three levels, practical features, and flexible living areas, this property presents a wonderful opportunity for growing families, first-time buyers, or anyone seeking a comfortable home with room to grow. (id:63161)
Listing Information
- MLS®
- X14117052
- Tax assessment year
- 2025
- Data last synced
- October 27, 2026
RE/MAX EXCELLENCE REAL ESTATE
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX EXCELLENCE REAL ESTATE
MLS® Number: X14117052
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Kitchener average
$400/sqft
504 active listing(s)
Parking: 4 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: 7.5% ($74,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$799,200.00
Periodic payment — Principal & Interest (monthly)$5,156.17
Additional monthly expenses (condo fees, tax, utilities, etc.)$637.67
Total monthly cost$5,793.83
Interest paid over 5-yr term$229,053.02
Balance at end of term$718,882.98
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$74,900
Stress test qualifying rate8.19%
Payment you must qualify for$7,165.23
Cash Needed at Closing
Minimum down payment$74,900
Estimated Land Transfer Tax (LTT)$16,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,855
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.
