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Property Type: Detached HouseOwnership: Freehold
209 FRANKLIN Street S
Kitchener, ON N2C1R8
MLS® 40855539
$599,900
3 bed1 bath4 parking1,470 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 52 feet
R2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,711.83
Interior
- Basement
- Partially finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 12'9'' x 13'10'' |
| Laundry room | Basement | 12'8'' x 20'11'' |
| Recreation room | Basement | 12'6'' x 35'2'' |
| Bedroom | Main level | 9'6'' x 11'9'' |
| Bedroom | Main level | 9'6'' x 9'10'' |
| Primary Bedroom | Main level | 10'4'' x 13'0'' |
| 4pc Bathroom | Main level | 4'11'' x 8'3'' |
| Breakfast | Main level | 8'5'' x 11'0'' |
| Kitchen | Main level | 7'5'' x 11'1'' |
| Living room | Main level | 13'0'' x 18'5'' |
Description
There’s something special about a home that has been cared for over the years—and still leaves room for you to make it your own. Welcome to 209 Franklin Street S., a solid brick bungalow on a generous 52' x 132' lot in Kitchener’s established Fairview/Kingsdale neighbourhood. Step inside and you’ll find a bright, comfortable home with the character of a classic bungalow. A large front window fills the living room with natural light, while crown moulding and an easy-flowing one-level layout create a welcoming place to call home. The bedrooms feature hardwood flooring, and the spacious kitchen offers abundant cabinetry and workspace, with potential to refresh or reimagine to suit your style. Downstairs, the full basement with a separate entrance extends the possibilities. With approximately 438 sq. ft. of finished lower-level space, plus unfinished space, laundry and storage, there is flexibility for recreation, hobbies, extended family or future improvements. Outside may be where this property truly surprises you. The deep backyard offers mature trees, a large lawn, patio, fencing and storage shed—room for barbecues, gardens, kids or pets to play, or simply a quiet place to relax. A private driveway provides parking for up to four vehicles. And then there’s the location. Shopping, schools, parks and public transit are nearby, with convenient connections to Fairway Road, Fairway Station and the ION LRT, Highway 7/8 and the broader Kitchener-Waterloo area. Whether you’re a first-time buyer looking for a home to grow into, a right-sizer who appreciates bungalow living, or someone who sees the potential in a solid home on a mature lot, 209 Franklin Street S. offers something increasingly difficult to find: good bones, genuine outdoor space, an established neighbourhood and the freedom to make it uniquely yours. Come see the possibilities—and imagine what the next chapter could look like here. (id:63161)
Listing Information
- MLS®
- 40855539
- Data last synced
- October 25, 2026
RE/MAX REAL ESTATE CENTRE INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX REAL ESTATE CENTRE INC.
MLS® Number: 40855539
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
$408/sqft
Building average
—
No other active listings in this building
327 - Fairview/Kingsdale average
$446/sqft
18 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
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (condo fees, tax, utilities, etc.)$383.32
Total monthly cost$3,479.60
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$34,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,380.17
Cash Needed at Closing
Minimum down payment$34,990
Estimated Land Transfer Tax (LTT)$8,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,963
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.
