Loading…
Property Type: Detached HouseOwnership: Freehold
147 COURTLAND Avenue E
Kitchener, ON N2G2T9
MLS® 40857747
$649,900
4 bed2 bath5 parking1,890 sqftBuilt 1928
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 35 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,107.25
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Lower level | — |
| Bedroom | Lower level | 5'0'' x 10'8'' |
| Living room | Lower level | 7'10'' x 15'11'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 8'3'' x 8'11'' |
| Primary Bedroom | Second level | 9'9'' x 13'0'' |
| Bedroom | Second level | 10'11'' x 11'4'' |
| Laundry room | Main level | 7'3'' x 7'3'' |
| Kitchen | Main level | 9'4'' x 10'11'' |
| Dining room | Main level | 11'5'' x 9'4'' |
| Living room | Main level | 11'5'' x 13'11'' |
Description
Exceptional CASH FLOW Kitchener detached just minutes from downtown, public transit, LRT, schools, and everyday amenities. This versatile home features 3 spacious bedrooms, a bright and functional main floor with in-suite laundry, and a large sunroom. One bedroom includes a private balcony, while the expansive finished attic provides additional flexible space ideal for a home office, recreation area, or storage. A major highlight is the self-contained studio-style basement living space, creating an excellent opportunity for additional rental income and enhanced cash flow potential. With multiple living areas, generous room sizes, and four parking spaces included plus an garage, this property is well-suited for investors seeking a strong cash flowing rental asset or owner-occupants looking to offset expenses. Furnace (2023), A/C (2023), upgraded panel (200 Amps) and wiring, sump pump (2025). (id:63159)
Listing Information
- MLS®
- 40857747
- Data last synced
- September 15, 2026
eXp Realty, Brokerage
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: eXp Realty, Brokerage
MLS® Number: 40857747
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
$344/sqft
Building average
—
No other active listings in this building
311 - Downtown/Rockway/S. Ward average
$399/sqft
20 active listing(s)
Parking: 5 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: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$519,920.00
Periodic payment — Principal & Interest (monthly)$3,354.35
Additional monthly expenses (condo fees, tax, utilities, etc.)$353.94
Total monthly cost$3,708.28
Interest paid over 5-yr term$149,010.57
Balance at end of term$467,669.72
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$39,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,729.08
Cash Needed at Closing
Minimum down payment$39,990
Estimated Land Transfer Tax (LTT)$9,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$50,963
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.
