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Property Type: Condo / ApartmentOwnership: Condominium
243 CHAPEL HILL Drive
Kitchener, ON N2R1N3
MLS® 40870590
$349,900
2 bed1 bath1 parking865 sqftBuilt 2022
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 0
R6
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $211/mo
- Annual property tax
- $3,093
Maintenance Fee Includes
Management
Also included: Landscaping, Insurance
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Lower level | 13'0'' x 13'6'' |
| Kitchen | Lower level | 9'9'' x 9'7'' |
| Bedroom | Lower level | 12'0'' x 8'11'' |
| Primary Bedroom | Lower level | 16'8'' x 9'0'' |
| 4pc Bathroom | Lower level | — |
Description
Welcome to this beautifully maintained 2-bedroom, 1-bathroom stacked townhome, ideally located in a sought-after community. Featuring a bright and spacious open-concept layout, the home seamlessly combines the living, dining, and kitchen areas—perfect for everyday living and entertaining. The contemporary kitchen offers stainless steel appliances, ample cabinetry, and generous counter space. Additional highlights include in-suite laundry with a washer and dryer, neutral finishes throughout, and large windows that fill the home with a natural light. Enjoy a convenient location close to Homer Watson Boulevard, providing easy access to Highway 401 via the Homer Watson interchange. Conestoga College is also nearby, making this an excellent choice for first-time buyers, students, professionals, or investors. A fantastic opportunity to own a stylish, low-maintenance home in a convenient and well-connected location! (id:63159)
Listing Information
- MLS®
- 40870590
- Data last synced
- October 15, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40870590
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
$405/sqft
Building average
—
No other active listings in this building
335 - Pioneer Park/Doon/Wyldwoods average
$480/sqft
22 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% ($17,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$279,920.00
Periodic payment — Principal & Interest (monthly)$1,805.95
Additional monthly expenses (condo fees, tax, utilities, etc.)$511.75
Total monthly cost$2,317.70
Interest paid over 5-yr term$80,225.88
Balance at end of term$251,788.95
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$17,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,577.38
Cash Needed at Closing
Minimum down payment$17,495
Estimated Land Transfer Tax (LTT)$3,724
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,719
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.
