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Property Type: TownhouseOwnership: Condominium
185 HIGHLAND Crescent Unit# 2
Kitchener, ON N2M5P8
MLS® 40850714
$565,000
3 bed2.5 bath2 parking1,716 sqftBuilt 1998
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
R6
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $385/mo
- Annual property tax
- $3,053
Maintenance Fee Includes
Management
Also included: Landscaping, Insurance, Parking
Interior
- Basement
- Finished, Full
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 8'3'' x 13'6'' |
| Recreation room | Basement | 17'10'' x 16'9'' |
| 4pc Bathroom | Second level | 5'1'' x 10'1'' |
| Bedroom | Second level | 10'3'' x 8'0'' |
| Bedroom | Second level | 14'8'' x 8'11'' |
| Primary Bedroom | Second level | 12'7'' x 17'3'' |
| 2pc Bathroom | Main level | 6'7'' x 3'0'' |
| Dining room | Main level | 9'5'' x 8'7'' |
| Kitchen | Main level | 10'9'' x 10'3'' |
| Living room | Main level | 18'6'' x 8'7'' |
Description
Welcome to this bright and inviting 3-bedroom, 2-bathroom home at 185 Highland Crescent Unit #2 in Kitchener. Nestled in a safe, quiet neighborhood close to highly regarded schools and everyday amenities, this property offers the perfect blend of comfort and convenience. Step inside to a spacious, open-concept living area filled with natural light, creating a warm and welcoming atmosphere. The light wood finishes throughout add a modern, airy feel while maintaining a sense of coziness. The layout is ideal for both relaxing and entertaining, with seamless flow between the living, dining, and kitchen spaces. Upstairs, you’ll find well-sized bedrooms designed for comfort and functionality. The fully finished basement features a recreation area, offering additional space for family time, entertaining, or casual relaxation. Enjoy outdoor living with a multi-level deck, complete with space for a BBQ—ideal for hosting gatherings or unwinding in your private outdoor retreat. Whether you’re a growing family, first-time buyer, or investor, this home offers incredible value in a desirable location. (id:63159)
Listing Information
- MLS®
- 40850714
- Data last synced
- September 18, 2026
Real Broker Ontario Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Real Broker Ontario Ltd.
MLS® Number: 40850714
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
$329/sqft
Building average
—
No other active listings in this building
323 - Victoria Hills average
$320/sqft
6 active listing(s)
Parking: 2 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: 5.6% ($31,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$452,000.00
Periodic payment — Principal & Interest (monthly)$2,916.15
Additional monthly expenses (condo fees, tax, utilities, etc.)$725.42
Total monthly cost$3,641.57
Interest paid over 5-yr term$129,544.50
Balance at end of term$406,575.46
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$31,500
Stress test qualifying rate8.19%
Payment you must qualify for$4,136.62
Cash Needed at Closing
Minimum down payment$31,500
Estimated Land Transfer Tax (LTT)$7,775
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,775
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.
