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Property Type: Detached HouseOwnership: FreeholdNEW LISTING
141 FALCONRIDGE Drive
Kitchener, ON N2K4J9
MLS® 40873912
33
Walk Score
18
Transit
31
Bike
$1,449,999
4 bed3.5 bath6 parking3,650 sqft
33
Walk Score
18
Transit
31
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 50 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $10,549.5
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 13'3'' x 15'2'' |
| Storage | Basement | 13'3'' x 12'0'' |
| Other | Basement | 51'3'' x 40'7'' |
| Bedroom | Second level | 16'7'' x 12'5'' |
| 4pc Bathroom | Second level | 7'10'' x 6'5'' |
| Bedroom | Second level | 12'10'' x 12'4'' |
| Bedroom | Second level | 13'0'' x 19'0'' |
| 5pc Bathroom | Second level | 10'4'' x 14'3'' |
| Primary Bedroom | Second level | 15'11'' x 27'10'' |
| 2pc Bathroom | Main level | 5'2'' x 4'6'' |
| Laundry room | Main level | 9'1'' x 8'11'' |
| Family room | Main level | 17'11'' x 15'5'' |
| Breakfast | Main level | 13'11'' x 13'2'' |
Description
Welcome to 141 Falconridge Drive, a stunning Laurelview Homes masterpiece nestled in one of Kitchener-Waterloo's most desirable and peaceful neighbourhoods. Offering approximately 3,625 sq. ft. of beautifully finished living space, plus an expansive unfinished basement awaiting your personal finishing touches, this home combines timeless design, exceptional craftsmanship, and the perfect balance of luxury and everyday functionality. Step inside to an impressive two-storey foyer, where a grand staircase and elegant second-floor gallery create a striking first impression. Every detail has been carefully considered, from the porcelain tile flooring and rounded corner mouldings to the impressive 10-inch main-floor baseboards and granite countertops that elevate the home's sophisticated feel. Designed with family living in mind, this spacious layout features four generously sized bedrooms, 2.5 bathrooms, and a dedicated main-floor office that's perfect for working from home or creating a quiet retreat. The primary suite is a true sanctuary, complete with two walk-in closets and a beautifully renovated ensuite that offers a spa-like escape at the end of the day. The unfinished basement presents an exciting opportunity to further enhance this already impressive home, offering endless possibilities to create additional living space tailored to your needs, whether it's a recreation room, home gym, entertainment area, or the ultimate family retreat. Set in one of the region's most sought-after communities, this exceptional home offers the space, quality, and lifestyle today's buyers are searching for. Whether you're entertaining guests or enjoying everyday moments with family, 141 Falconridge Drive is a home you'll be proud to make your own. (id:63161)
Listing Information
- MLS®
- 40873912
- Data last synced
- October 27, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40873912
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 Brantford Regional Real Estate Assn Inc.
Values & Trends
This listing
$397/sqft
Building average
—
No other active listings in this building
120 - Lexington/Lincoln Village average
$409/sqft
21 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: 8.3% ($120,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,159,999.00
Periodic payment — Principal & Interest (monthly)$7,483.92
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,062.13
Total monthly cost$8,546.04
Interest paid over 5-yr term$332,459.05
Balance at end of term$1,043,422.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$120,000
Stress test qualifying rate8.19%
Payment you must qualify for$10,312.47
Cash Needed at Closing
Minimum down payment$120,000
Estimated Land Transfer Tax (LTT)$25,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$146,975
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.
