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Property Type: Detached HouseOwnership: Freehold
23 DOON CREEK STREET
Kitchener, ON N2R0B4
MLS® X12747464
$999,999
6 bed4.5 bath5 parking
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 38.1 x 105.2 FT ; 26.82ftx11.36ftx105.76 ftx44.94x105.18
- Frontage
- 38.1 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,729 (2025)
Interior
- Basement
- Finished, Full, Separate entrance, Walk out, N/A, N/A
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Main level | — |
| Foyer | Main level | — |
| Bedroom | Basement | — |
| Kitchen | Basement | — |
| Recreational, Games room | Basement | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
| Bedroom 4 | Second level | — |
| Laundry room | Second level | — |
| Bedroom 5 | Basement | — |
Description
*** LEGAL DUPLEX***Welcome to 23 Down Creek Street, Kitchener, a rare legal duplex backing onto a beautiful conservation area, offering an exceptional blend of space, income potential, and lifestyle. Surrounded by nature and filled with natural light, this home is ideal for families, multi-generational living, or investors looking for a strong mortgage helper. The main residence features 4 spacious bedrooms and 2 full bathrooms, thoughtfully laid out for everyday comfort. The main floor impresses with a large, open kitchen complete with a huge island, perfect for entertaining, along with a generous dining area that comfortably seats up to 10 people. The bright living room, highlighted by a stone fireplace, creates a warm and inviting atmosphere with plenty of windows throughout. Upstairs, you'll find 4 generously sized bedrooms, upper-floor laundry, and well-appointed bathrooms, making daily living convenient and functional for a busy household. The fully furnished walk-out basement apartment includes 2 bedrooms and 1 full bathroom, a separate entrance, and is ready to rent, offering an income potential of up to $2,000 per month. This space is ideal for extended family, guests, or tenants while maintaining privacy for both units. The home boasts a massive backyard with unobstructed views of the conservation area, filled with wildlife and natural beauty. Enjoy over 700 sq. ft. of upper + lower deck space with elegant glass railings, perfect for taking in the views for tenants or extended family to enjoy. Additional features include a double-car garage which is one foot wider than the standard, triple-car driveway, central vacuum system and excellent curb appeal. Conveniently located close to Conestoga College, steps to public transit, and minutes from schools, shopping, restaurants, trails, and all amenities, with easy access to Hwy 401 for commuters. This is a rare opportunity to own an income-generating property in a sought-after location. (id:63161)
Listing Information
- MLS®
- X12747464
- Tax assessment year
- 2025
- Data last synced
- October 27, 2026
EXP REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: EXP REALTY
MLS® Number: X12747464
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Kitchener average
$400/sqft
504 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: 7.5% ($75,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$799,999.00
Periodic payment — Principal & Interest (monthly)$5,161.32
Additional monthly expenses (condo fees, tax, utilities, etc.)$560.75
Total monthly cost$5,722.07
Interest paid over 5-yr term$229,282.01
Balance at end of term$719,601.69
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$75,000
Stress test qualifying rate8.19%
Payment you must qualify for$7,172.20
Cash Needed at Closing
Minimum down payment$75,000
Estimated Land Transfer Tax (LTT)$16,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,975
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.
