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Property Type: Detached HouseOwnership: Freehold
127 CARSON DRIVE
Kitchener, ON N2B2Z4
MLS® X13673440
$875,000
4 bed3.5 bath6 parking
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 61.9 x 179.4 FT
- Frontage
- 61.1 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,156.31
Interior
- Basement
- Apartment in basement, Separate entrance, Walk-up, N/A, N/A, N/A
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom | Other | — |
| Recreational, Games room | Basement | — |
| Kitchen | Basement | — |
| Bedroom | Basement | — |
| Bedroom | Basement | — |
Description
Prime Income Opportunity! Solid Brick 2+2 Bedroom Bungalow with Sunroom and Private Basement Apartment. Welcome to this exceptional property featuring 2 Main-floor Bedrooms, 1.5 baths and a light filled sunroom that serves as an ideal multi-season retreat or relaxing lounge space. The main level boasts a functional layout with bright living spaces, while a private separate entrance leads directly to a spacious 2 Bedroom, 1 bath basement apartment. An ideal setup for a mortgage-helper rental, multi-generational living or dual tenant income generation. Outdoors, the generous 60 ft x 180 ft deep lot boasts a fully fenced backyard for entertaining and pets, a double car garage and driveway that can accommodate 4 cars. Properties offering this degree of income potential and structural quality don't stay on the market long! Book your showing today!! (id:63159)
Listing Information
- MLS®
- X13673440
- Data last synced
- September 28, 2026
Crown North Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Crown North Realty Inc.
MLS® Number: X13673440
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: 6 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: 7.1% ($62,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$700,000.00
Periodic payment — Principal & Interest (monthly)$4,516.16
Additional monthly expenses (condo fees, tax, utilities, etc.)$513.03
Total monthly cost$5,029.19
Interest paid over 5-yr term$200,622.01
Balance at end of term$629,652.26
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$62,500
Stress test qualifying rate8.19%
Payment you must qualify for$6,299.91
Cash Needed at Closing
Minimum down payment$62,500
Estimated Land Transfer Tax (LTT)$13,975
Legal / closing costs (typical estimate)$1,500
Total cash needed$77,975
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.
