Loading…
Property Type: Detached HouseOwnership: Freehold
16 MONTEREY ROAD
Kitchener, ON N2B1V3
MLS® X13852260
$749,000
3 bed2.5 bath6 parking
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 55 x 110 FT
- Frontage
- 55 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,384.97
Interior
- Basement
- Finished, Walk out, N/A
- Heating
- Forced air, Electric, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 2 | Upper Level | — |
| Media | Main level | — |
| Family room | Main level | — |
| Primary Bedroom | Upper Level | — |
| Kitchen | Main level | — |
| Recreational, Games room | Lower level | — |
| Bedroom 3 | Upper Level | — |
| Dining room | Main level | — |
Description
Fantastic opportunity in Kitchener's sought-after Rosemount Heritage Park community! Welcome to16 Monterey Road, a spacious detached backsplit situated on a premium 55' x 110' lot andfeaturing a private in-ground swimming pool. Offering approximately 1,938 sq. ft. of finishedliving space (1,573 sq. ft. above grade plus approximately 365 sq. ft. in the finished lowerlevel), this home features 3 spacious bedrooms, 1.5 bathrooms and a functional split-levellayout with minimal stairs. Enjoy a large separate family room with fireplace, separate diningroom and dedicated Art Room offering additional space to personalize to your lifestyle. Theupgraded kitchen features quartz countertops, backsplash, upgraded appliances and amplecabinetry, complemented by modern luxury vinyl flooring. The bright lower level offers largewindows providing plenty of natural light, a spacious recreation room with home bar and pooltable, powder room, and patio doors with direct access to the backyard. The basement levelfeatures laundry and a furnace room, along with a large unfinished crawl space under thebedroom area providing additional storage.Step outside to your private backyard oasis featuring an in-ground swimming pool and patio,perfect for summer entertaining and family gatherings. The pool is currently closed for theseason; listing photos and video showcase the pool while open. Additional features include awater softener, side entrance, direct access to the double-car garage, and parking for up to 6vehicles. Conveniently located close to schools, parks, shopping, public transit and majoramenities.Great opportunity to own a spacious detached home with a private pool and premium lot-come seeeverything this home has to offer! As per Seller, the in-ground pool is a concrete chlorinepool, and the pool surface was redone approximately 3 years ago. The pool is equipped with aheater. The furnace was replaced in 2023. (id:63159)
Listing Information
- MLS®
- X13852260
- Data last synced
- October 15, 2026
RE/MAX GOLD REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX GOLD REALTY INC.
MLS® Number: X13852260
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: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$599,200.00
Periodic payment — Principal & Interest (monthly)$3,865.84
Additional monthly expenses (condo fees, tax, utilities, etc.)$448.75
Total monthly cost$4,314.58
Interest paid over 5-yr term$171,732.44
Balance at end of term$538,982.34
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$49,900
Stress test qualifying rate8.19%
Payment you must qualify for$5,420.64
Cash Needed at Closing
Minimum down payment$49,900
Estimated Land Transfer Tax (LTT)$11,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$62,855
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.
