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Property Type: Detached HouseOwnership: Freehold
176 AVALON Place
Kitchener, ON N2M4N8
MLS® 40866130
$548,000
3 bed2 bath7 parking1,227 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 1.5
- Frontage
- 62 feet
RR2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,768.08
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | 8'11'' x 11'' |
| 4pc Bathroom | Main level | 4'11'' x 7'3'' |
| 4pc Bathroom | Main level | 10'4'' x 7'' |
| Recreation room | Basement | 10' x 24'7'' |
| Bedroom | Second level | 10'2'' x 13'2'' |
| Bedroom | Second level | 10'2'' x 13'1'' |
| Bedroom | Main level | 10'2'' x 15'2'' |
| Kitchen | Main level | 11'1'' x 12'1'' |
| Living room | Main level | 11'6'' x 19'9'' |
Description
Unlimited opportunity awaits! It may be your first home, future dream home, investment 2 property for two 31-ft detached custom homes or a multiplex. This upgraded & renovated home sits on a quiet cul-de-sac with a huge front yard, no sidewalk or hydro pole, plus a large driveway with parking for up to 6 cars. The garage provides additional parking & storage space. The main floor provides a great layout with a bright living room, picture window & no house directly in front, open-concept dining area, space for a breakfast bar, and a modern kitchen featuring numerous maple cabinets, gas stove, granite countertops, backsplash, double sink, stainless steel appliances & walkout to the backyard. The main-floor primary bedroom features a walk-in closet & ensuite washroom, providing privacy and convenience-also ideal for a senior family member. A second full washroom adds extra comfort. Upstairs features 2 spacious bedrooms with a short staircase, giving kids their own comfortable space. The basement provides a huge recreation room, perfect for hosting large gatherings, a spacious laundry room with room for natural clothes drying, plus a large storage room. Enjoy summer BBQs on the huge patio overlooking a large fenced backyard with plenty of space for family & guests. Public transit is less than a 10-minute walk, with easy access to the expressway and a public school within walking distance. Lovely Concordia Park is approx. a 5-minute walk away-perfect for hiking, enjoying nature, or morning & evening walks. Banks, hospital, Tim Hortons, McDonald's, Walmart, restaurants, grocery stores, daycares, gas stations, community centre, library, places of worship & ethnic markets are all nearby. More than just a home-style, functionality, affordability & future potential come together here. Book your showing today! (id:63159)
Listing Information
- MLS®
- 40866130
- Data last synced
- October 4, 2026
HOMELIFE MIRACLE REALTY LTD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HOMELIFE MIRACLE REALTY LTD
MLS® Number: 40866130
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
$447/sqft
Building average
—
No other active listings in this building
325 - Forest Hill average
$428/sqft
38 active listing(s)
Parking: 7 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: 5.4% ($29,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$438,400.00
Periodic payment — Principal & Interest (monthly)$2,828.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$375.01
Total monthly cost$3,203.41
Interest paid over 5-yr term$125,646.70
Balance at end of term$394,342.22
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$29,800
Stress test qualifying rate8.19%
Payment you must qualify for$4,017.99
Cash Needed at Closing
Minimum down payment$29,800
Estimated Land Transfer Tax (LTT)$7,435
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,735
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.
