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Property Type: Detached HouseOwnership: Freehold
245 EIGHTH Avenue
Kitchener, ON N2C1S6
MLS® 40837390
$669,900
3 bed2.5 bath3 parking1,431 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 50 feet
RES-4
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,812
Interior
- Basement
- Partially finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 9'4'' x 11'8'' |
| 4pc Bathroom | Main level | — |
| Primary Bedroom | Main level | 8'0'' x 13'7'' |
| Living room | Main level | 13'6'' x 14'6'' |
| Utility room | Basement | — |
| Cold room | Basement | — |
| 2pc Bathroom | Basement | — |
| Recreation room | Basement | 12'8'' x 29'0'' |
| Eat in kitchen | Main level | 11'2'' x 18'5'' |
| Bedroom | Main level | 9'2'' x 9'5'' |
Description
Charming Brick Bungalow in a Prime Location! Welcome to this all-brick bungalow situated on a generous 50 x 132-foot lot in a desirable, family-friendly neighbourhood. The bright, sunlit main floor features a spacious living room and an eat-in kitchen with sliding doors leading to a private deck and a fully fenced backyard—perfect for entertaining. With 3 comfortable bedrooms and a finished lower level boasting a large recreation room. A separate side entrance provides direct access to both the kitchen and basement, creating excellent potential for an in-law suite. Enjoy peace of mind with a new roof (2025) and A/C (2024), plus a charming covered front porch, 3-car driveway, and included appliances. Minutes from schools, parks, shopping, and Highway 8. This house is perfect for families, downsizers, or investors. Book your viewing today! (id:63159)
Listing Information
- MLS®
- 40837390
- Data last synced
- October 10, 2026
RE/MAX SOLID GOLD REALTY (II) LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX SOLID GOLD REALTY (II) LTD.
MLS® Number: 40837390
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
$468/sqft
Building average
—
No other active listings in this building
327 - Fairview/Kingsdale average
$439/sqft
18 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: 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: 6.3% ($41,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$535,920.00
Periodic payment — Principal & Interest (monthly)$3,457.57
Additional monthly expenses (condo fees, tax, utilities, etc.)$389.67
Total monthly cost$3,847.24
Interest paid over 5-yr term$153,596.21
Balance at end of term$482,061.77
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$41,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,868.65
Cash Needed at Closing
Minimum down payment$41,990
Estimated Land Transfer Tax (LTT)$9,873
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,363
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.
