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Property Type: Detached HouseOwnership: Freehold
154 FALCONRIDGE Drive
Kitchener, ON N2K4J9
MLS® 40858950
$1,119,900
5 bed4.5 bath4 parking3,885 sqftBuilt 2004
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
- $7,231
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 9'7'' x 20'6'' |
| Recreation room | Basement | 19'5'' x 35'9'' |
| 3pc Bathroom | Basement | 4'1'' x 8'4'' |
| Bedroom | Basement | 11'9'' x 11'10'' |
| Sitting room | Second level | 9'7'' x 12'11'' |
| 5pc Ensuite bath | Second level | 8'8'' x 13'0'' |
| 4pc Bathroom | Second level | 6'7'' x 8'8'' |
| Primary Bedroom | Second level | 14'10'' x 19'0'' |
| Bedroom | Second level | 12'5'' x 13'0'' |
| Bedroom | Second level | 13'3'' x 13'0'' |
| Bedroom | Second level | 12'2'' x 13'4'' |
| Family room | Main level | 11'11'' x 17'11'' |
| Laundry room | Main level | 7'2'' x 8'5'' |
Description
No Holding Offers! Welcome to this beautifully updated 3,885 sq. ft. home in the prestigious Kiwanis Park neighbourhood. Carpet-free throughout, this spacious home offers an ideal blend of comfort, style, and functionality. The main floor features 9-ft ceilings and numerous pot lights, creating a bright and inviting atmosphere. The open-concept living room and formal dining area are complemented by large windows that fill the space with natural light. The updated kitchen offers quartz countertops and stainless-steel appliances, while the family room features a cozy gas fireplace. The breakfast area provides direct access through sliding doors to a spacious patio and fully fenced backyard, complete with a gazebo—perfect for entertaining or relaxing outdoors. Upstairs, you'll find four generously sized bedrooms, two full bathrooms, and a versatile bonus sitting area/study lounge. The spacious primary suite features a walk-in closet and a luxurious 5pc en-suite. The fully finished basement adds valuable living space with a large recreation room, a 5th bedroom, a 4th bathroom, and ample storage space. Recent updates include: Roof (2021), Main Floor Porcelain Tiles and Hardwood Staircase (2021), Numerous Pot Lights (2021), Basement Fully Finished in 2021, Furnace (2025), Fence and Gazebo (2025), Washer (2021), Dishwasher (2022), Range Hood (2019), 2 Bedrooms Freshly Painted in 2026, Remaining Interior newly painted in 2022. Enjoy an exceptional location within walking distance of parks, a dog park, expansive greenspaces, trails, and the Grand River. Conveniently located just a short drive from both universities, Conestoga Mall, RIM Park, Grey Silo Golf Course, and Highway 85 with easy access to 401. (id:63161)
Listing Information
- MLS®
- 40858950
- Data last synced
- October 26, 2026
Royal LePage Peaceland Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Peaceland Realty
MLS® Number: 40858950
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
$288/sqft
Building average
—
No other active listings in this building
122 - Bridgeport average
$345/sqft
7 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: 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
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Mortgage & Ownership Cost Calculator
Minimum required: 7.8% ($86,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$895,920.00
Periodic payment — Principal & Interest (monthly)$5,780.17
Additional monthly expenses (condo fees, tax, utilities, etc.)$796.58
Total monthly cost$6,576.76
Interest paid over 5-yr term$256,773.25
Balance at end of term$805,882.94
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$86,990
Stress test qualifying rate8.19%
Payment you must qualify for$8,008.92
Cash Needed at Closing
Minimum down payment$86,990
Estimated Land Transfer Tax (LTT)$18,873
Legal / closing costs (typical estimate)$1,500
Total cash needed$107,363
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.
