Loading…
Property Type: TownhouseOwnership: FreeholdNEW LISTING
120 MONARCH WOODS Drive
Kitchener, ON N2P2N7
MLS® 40874182
16
Walk Score
28
Transit
32
Bike
$699,000
3 bed3.5 bath2 parking1,640 sqftBuilt 2021
16
Walk Score
28
Transit
32
Bike
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 3
- Frontage
- 18 feet
R-5 669R
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Freehold
- Annual property tax
- $4,653
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Lower level | 7'10'' x 6'11'' |
| Office | Lower level | 14'9'' x 10'0'' |
| Laundry room | Lower level | 10'9'' x 3'5'' |
| Foyer | Lower level | 7'3'' x 6'10'' |
| Primary Bedroom | Second level | 12'9'' x 13'5'' |
| Bedroom | Second level | 10'0'' x 8'4'' |
| Bedroom | Second level | 14'1'' x 8'5'' |
| 4pc Bathroom | Second level | 5'0'' x 9'9'' |
| 3pc Ensuite bath | Second level | 5'0'' x 9'8'' |
| Living room | Main level | 14'6'' x 17'2'' |
| Kitchen | Main level | 14'10'' x 17'2'' |
| Dining room | Main level | 8'3'' x 13'5'' |
| 2pc Bathroom | Main level | 5'7'' x 5'5'' |
Description
Looking for space, a good location and a home you can move right into? 120 Monarch Woods Drive is a freehold townhome with no condo fees, in Doon, a family neighbourhood in Kitchener that buyers keep coming back to. You’re only a few minutes from the 401, which makes commuting to Cambridge, Guelph or the GTA a lot easier, and everyday errands, shopping and Conestoga College’s Doon campus are a short drive away. Inside, there’s 1,640 sq. ft. of living space, and it feels even bigger thanks to the open layout and the light coming in from every side. The home has been nicely finished throughout, so there’s no project list waiting for you when you get the keys. Just unpack and settle in. The kitchen is the heart of the main floor. Its large island gives you room to cook, serve and sit, and it’s where everyone ends up gathering, whether it’s a quick breakfast before school or a long dinner with friends. The kitchen opens onto the dining area and living room, so whoever’s at the stove is never cut off from the rest of the house. The living room is a comfortable place to unwind at the end of the day, with big windows that keep it bright from morning to evening. When the weather’s nice, walk out to the deck and the backyard. The yard is fully fenced, which means kids and pets can play safely while you barbecue, garden or just sit outside with a coffee. With two separate walkouts, moving between inside and out is easy, whether you’re hosting a summer get-together or just letting the dog out on a busy morning. Upstairs are 3 bedrooms, giving everyone their own space, and the home has 2.5 bathrooms in total. It’s a layout that works for a young family, a couple who wants a home office or guest room, or anyone who needs a little more room than a condo can give. (id:63161)
Listing Information
- MLS®
- 40874182
- Data last synced
- October 27, 2026
Century 21 Right Time Real Estate Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Century 21 Right Time Real Estate Inc.
MLS® Number: 40874182
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
$426/sqft
Building average
—
No other active listings in this building
335 - Pioneer Park/Doon/Wyldwoods average
$377/sqft
41 active listing(s)
Parking: 2 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.)$469.75
Total monthly cost$4,077.52
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.
