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Property Type: TownhouseOwnership: Condominium
25 BANKSIDE Drive Unit# 2
Kitchener, ON N2N3M6
MLS® 40865039
$639,900
3 bed3 bath2 parking2,042 sqftBuilt 1998
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Style
- Bungalow
- Stories
- 1
RES-6
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $580/mo
- Annual property tax
- $4,836.63
Maintenance Fee Includes
Management
Also included: Landscaping, Insurance
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 23'3'' x 18'3'' |
| Recreation room | Basement | 24'10'' x 28'8'' |
| Cold room | Basement | 6'5'' x 18'5'' |
| Bedroom | Basement | 15'2'' x 10'1'' |
| 3pc Bathroom | Basement | 5'2'' x 9'1'' |
| Primary Bedroom | Main level | 17'10'' x 11'2'' |
| Living room | Main level | 11'0'' x 17'3'' |
| Kitchen | Main level | 10'8'' x 17'3'' |
| Dining room | Main level | 7'0'' x 17'3'' |
| Bedroom | Main level | 11'6'' x 10'11'' |
| 4pc Bathroom | Main level | 7'2'' x 8'0'' |
| 4pc Bathroom | Main level | 9'0'' x 6'3'' |
Description
OPEN HOUSE SUNDAY OCTOBER 18TH AT 2PM - 4PM - Welcome to unit 2 at 25 Bankside Drive—a delightful bungalow condo situated in a highly sought-after community! Upon entering the foyer, you are greeted by a functional layout featuring a guest bathroom, direct interior access to the garage, and a bright second bedroom complete with a cozy bay window. The home opens up into an inviting, open-concept main living area, highlighting a spacious kitchen with a center island and a large family room centered around a gas fireplace. The main-floor primary suite features a walk-in closet, an ensuite bathroom, and brand-new carpeting. A newly carpeted staircase leads to the fully finished walkout basement, which extends your living space with a third bedroom, a 3-piece bathroom, dedicated storage, and an expansive rec room ideal for entertaining. Step outside to the newer deck to BBQ or relax while taking in the mature greenspace views. Conveniently located just minutes from walking trails, shopping at the Real Canadian Superstore, bank, and major highway access, this property offers low-maintenance, main floor living and a peaceful views. (id:63159)
Listing Information
- MLS®
- 40865039
- Data last synced
- October 19, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40865039
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
$313/sqft
Building average
—
No other active listings in this building
338 - Beechwood Forest/Highland W. average
$388/sqft
4 active listing(s)
Parking: 2 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: 6.1% ($38,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$511,920.00
Periodic payment — Principal & Interest (monthly)$3,302.73
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,085.05
Total monthly cost$4,387.79
Interest paid over 5-yr term$146,717.74
Balance at end of term$460,473.70
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$38,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,659.30
Cash Needed at Closing
Minimum down payment$38,990
Estimated Land Transfer Tax (LTT)$9,273
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,763
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.
