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Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED
212 HERITAGE Drive
Kitchener, ON N2B3J6
MLS® 40869337
68
Walk Score
42
Transit
59
Bike
$499,900
4 bed2 bath5 parking2,000 sqftBuilt 1977
68
Walk Score
42
Transit
59
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 42 feet
R2C
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,758
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Lower level | 12'7'' x 12'3'' |
| 3pc Bathroom | Lower level | — |
| Bedroom | Lower level | 12'3'' x 12'7'' |
| Family room | Lower level | 10'9'' x 33'1'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 10'0'' x 9'11'' |
| Bedroom | Main level | 12'11'' x 8'8'' |
| Primary Bedroom | Main level | 9'6'' x 13'10'' |
| Kitchen | Main level | 7'6'' x 8'0'' |
| Dining room | Main level | 8'10'' x 11'7'' |
| Living room | Main level | 11'9'' x 16'11'' |
Description
Welcome to this inviting three-bedroom bungalow, offering comfortable living, a versatile layout, and plenty of potential for a variety of lifestyles. The main level features a spacious formal living room, a welcoming eat-in dining area, and a functional kitchen, all complemented by the convenience of carpet-free flooring throughout. The lower level, complete with a separate side entrance, was previously utilized as an in-law setup and offers additional living possibilities. Featuring a bedroom and two egress windows, this space provides flexibility for extended family, guests, or additional recreational use. Outside, enjoy a generously sized yard with plenty of room for gardening, entertaining, or simply relaxing. A double-wide driveway provides convenient parking for up to four vehicles. Ideally situated close to schools, public transit, and everyday amenities, this property offers a wonderful combination of space, convenience, and opportunity to make it your own. (id:63161)
Listing Information
- MLS®
- 40869337
- Data last synced
- October 24, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40869337
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
$250/sqft
Building average
—
No other active listings in this building
230 - Grand River North average
$448/sqft
7 active listing(s)
Parking: 5 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: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (condo fees, tax, utilities, etc.)$413.17
Total monthly cost$2,993.31
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$24,995
Stress test qualifying rate8.19%
Payment you must qualify for$3,682.29
Cash Needed at Closing
Minimum down payment$24,995
Estimated Land Transfer Tax (LTT)$6,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,968
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.
