Loading…
Property Type: TownhouseOwnership: Condominium
227 FERGUS Avenue
Kitchener, ON N2A2H6
MLS® 40869927
$329,000
2 bed1 bath1 parking931 sqftBuilt 1968
Open House
Sunday, November 1
2:00 PM – 4:00 PM
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
R2B
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $520/mo
- Annual property tax
- $2,279
Maintenance Fee Includes
WaterManagement
Also included: Landscaping, Insurance
Interior
- Basement
- Finished, Full
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | — |
| Laundry room | Basement | 8'11'' x 13'9'' |
| Recreation room | Basement | 10'2'' x 14'5'' |
| Bedroom | Second level | 10'7'' x 15'2'' |
| Primary Bedroom | Second level | 10'7'' x 14'5'' |
| Living room | Main level | 11'0'' x 14'5'' |
| Kitchen | Main level | 10'2'' x 13'5'' |
Description
Wowza fully renovated top to bottom! Welcome to 227 Fergus Ave., a well-maintained 2-storey end-unit condo in a desirable Kitchener neighbourhood. Recent updates- new luxury vinyl floors throughout, new baseboards throughout, new stair treads, freshly painted, new lights, and so much more. Offering 2 bedrooms, 1 bathroom, a finished basement, and private outdoor space, this home is an excellent opportunity for first-time buyers, downsizers, or investors. The main floor features a bright and inviting living room along with a functional kitchen and dining area, creating a comfortable space for everyday living and entertaining. Upstairs, you'll find two generously sized bedrooms and a full bathroom. The fully finished basement provides valuable additional living space that can be used as a recreation room, home office, gym, guest area, or potential third bedroom. In-suite laundry is conveniently located in the basement. One of the standout features of this property is the private, fenced exclusive-use backyard, a rare find in condo living. Enjoy outdoor dining, gardening, or relaxing in your own private space, with direct access to your parking area from the backyard. The unit includes one parking space, with the ability to request a second parking space through the condominium corporation. Residents are just steps away from a community pool and Idlewood Park, offering playgrounds, walking trails, sports fields, and plenty of outdoor recreational opportunities. Commuters will appreciate the quick access to Highways 7 and 8, while shoppers and food lovers will enjoy being just minutes from Fairview Park Mall, Fairway Road amenities, restaurants, grocery stores, and public transit. Located within a well-managed condominium corporation, this home combines convenience, value, and lifestyle in one attractive package. Whether you're looking for your first home, a low-maintenance property, or a great investment opportunity, this condo is one you won't want to miss. (id:63161)
Listing Information
- MLS®
- 40869927
- Data last synced
- October 29, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40869927
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
$353/sqft
Building average
—
No other active listings in this building
226 - Stanley Park/Centreville average
$333/sqft
8 active listing(s)
Parking: 1 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% ($16,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$263,200.00
Periodic payment — Principal & Interest (monthly)$1,698.08
Additional monthly expenses (condo fees, tax, utilities, etc.)$756.92
Total monthly cost$2,454.99
Interest paid over 5-yr term$75,433.88
Balance at end of term$236,749.25
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$16,450
Stress test qualifying rate8.19%
Payment you must qualify for$2,423.43
Cash Needed at Closing
Minimum down payment$16,450
Estimated Land Transfer Tax (LTT)$3,410
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,360
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.
