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Property Type: TownhouseOwnership: CondominiumNEW LISTING
232 KINGSWOOD Drive Unit# 5
Kitchener, ON N2E2K2
MLS® 40874615
$514,775
2 bed3.5 bath3 parking1,814 sqftBuilt 1986
Open House
Saturday, October 31
2:00 PM – 4:00 PM
Sunday, November 1
2:00 PM – 4:00 PM
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
RES-6
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $892/mo
- Annual property tax
- $3,472.82
Maintenance Fee Includes
Also included: Insurance, Parking
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Lower level | — |
| 3pc Bathroom | Second level | 10'8'' x 5'0'' |
| Bedroom | Second level | 13'2'' x 11'6'' |
| Primary Bedroom | Second level | 15'3'' x 11'0'' |
| 2pc Bathroom | Main level | 5'4'' x 4'7'' |
| Living room | Main level | 15'4'' x 10'8'' |
| Dining room | Main level | 11'8'' x 10'7'' |
| Kitchen | Main level | 12'8'' x 11'3'' |
| Laundry room | Basement | 10'4'' x 7'4'' |
| Recreation room | Basement | 21'0'' x 10'9'' |
Description
Welcome to this beautifully maintained home tucked away in a desirable community set within a private enclave, surrounded by protected green space and close to local parks! This move-in-ready two-bedroom home offers a functional layout, inviting living spaces and a terrace for outdoor enjoyment. The bright living room features engineered hardwood flooring, a gas fireplace, crown moulding and pot lights, flowing into a separate dining area. The spacious kitchen offers abundant cabinetry, newer appliances and double sliding doors leading to the deck. An updated powder room completes the main level. Upstairs, you'll find two generously sized bedrooms, including a primary bedroom with a walk-in closet, a cheater ensuite and new luxury vinyl plank flooring on the second floor and stair landings. The finished lower level provides additional living space with a recreation room and a newly created bathroom/laundry room (2024), along with direct access to the garage. Further updates include a new air conditioner (spring 2026), water softener (2025), fresh paint throughout, new exterior stone steps and walkway, updated walkway and terrace railings, and waterproofing to the floor of the terrace above the garage. Complete with an attached single garage and two additional tandem parking spaces, this home offers three parking spaces in total. The condo fees cover water, lawn and garden maintenance, snow removal (including the walkway to the front door), roof, windows, exterior doors, garage door and building insurance, offering added convenience and peace of mind. This is an excellent opportunity for those who value privacy, comfort and low-maintenance living, surrounded by green space while enjoying convenient access to major shopping, highways, parks and everyday amenities. Come see for yourself today! (id:63161)
Listing Information
- MLS®
- 40874615
- Data last synced
- October 29, 2026
HOUSESIGMA INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HOUSESIGMA INC.
MLS® Number: 40874615
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
$284/sqft
Building average
—
No other active listings in this building
331 - Alpine Village/Country Hills average
$356/sqft
14 active listing(s)
Parking: 3 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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
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: 5.1% ($26,478) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$411,820.00
Periodic payment — Principal & Interest (monthly)$2,656.92
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,272.40
Total monthly cost$3,929.32
Interest paid over 5-yr term$118,028.80
Balance at end of term$370,433.42
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$26,478
Stress test qualifying rate8.19%
Payment you must qualify for$3,786.13
Cash Needed at Closing
Minimum down payment$26,478
Estimated Land Transfer Tax (LTT)$6,771
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,748
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.
