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Property Type: Detached HouseOwnership: Freehold
129 FLORENCE Avenue
Kitchener, ON N2A2L1
MLS® 40872041
68
Walk Score
56
Transit
51
Bike
$590,000
3 bed1 bath4 parking1,254 sqftBuilt 1955
68
Walk Score
56
Transit
51
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 1.5
- Frontage
- 54 feet
R2B
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,786
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 30'5'' x 22'5'' |
| Bedroom | Second level | 11'10'' x 11'1'' |
| Bedroom | Second level | 10'1'' x 11'1'' |
| Primary Bedroom | Main level | 10'5'' x 11'1'' |
| 4pc Bathroom | Main level | 8'5'' x 7'2'' |
| Kitchen | Main level | 15'0'' x 14'4'' |
| Living room | Main level | 11'10'' x 14'1'' |
Description
This charming and immaculate detached family home sits on a desirable large corner lot in the sought-after Centreville community, offering lots of character, updates, and a detached garage/workshop with second driveway. The main floor features a beautifully updated eat-in kitchen with custom maple cabinetry, glass backsplash, and ceramic tile flooring, a formal living room with hardwood floors, an updated 4-piece bathroom, and a flexible third bedroom or den. The kitchen walks out to an oversized covered deck overlooking a large, fully fenced private yard. Upstairs holds two additional large bedrooms, while the basement offers excellent future rec room potential. A standout detached 1.5-storey garage and workshop - approximately 14' x 29' - complete with a loft mezzanine, 220V electrical panel, and two separate entrances adds exceptional versatility. With parking for 4+ vehicles and just minutes to Hwy 8, Hwy 401, GRT/LRT transit, Fairview Mall, parks, schools, and all amenities - this is a must-see in a quiet, family-friendly neighbourhood. (id:63159)
Listing Information
- MLS®
- 40872041
- Data last synced
- October 20, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40872041
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
$470/sqft
Building average
—
No other active listings in this building
226 - Stanley Park/Centreville average
$361/sqft
21 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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
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: 5.8% ($34,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$472,000.00
Periodic payment — Principal & Interest (monthly)$3,045.18
Additional monthly expenses (condo fees, tax, utilities, etc.)$378.50
Total monthly cost$3,423.68
Interest paid over 5-yr term$135,276.56
Balance at end of term$424,565.53
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$34,000
Stress test qualifying rate8.19%
Payment you must qualify for$4,311.08
Cash Needed at Closing
Minimum down payment$34,000
Estimated Land Transfer Tax (LTT)$8,275
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,775
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.
