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Property Type: Detached HouseOwnership: Freehold
25 MEINZINGER Avenue
Kitchener, ON N2M3T3
MLS® 40868224
$629,900
4 bed2 bath3 parking1,551 sqftBuilt 1958
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 1.5
- Frontage
- 51 feet
SGA-1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,471.07
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 11'0'' x 32'1'' |
| Storage | Basement | 12'8'' x 10'3'' |
| Laundry room | Basement | 12'8'' x 6'5'' |
| Utility room | Basement | 12'8'' x 14'9'' |
| 4pc Bathroom | Second level | 7'7'' x 5'2'' |
| Bedroom | Second level | 9'5'' x 14'9'' |
| Other | Second level | 7'7'' x 17'0'' |
| Bedroom | Second level | 13'2'' x 14'8'' |
| Kitchen | Second level | 12'8'' x 9'3'' |
| Bedroom | Main level | 12'2'' x 10'3'' |
| Bedroom | Main level | 10'11'' x 11'4'' |
| Living room | Main level | 12'0'' x 13'5'' |
| Eat in kitchen | Main level | 13'2'' x 9'3'' |
Description
Investors and house hackers, take note! 25 Meinzinger Ave. is an updated duplex on a generous 51 x 131 ft lot, with the cities new flexible zoning (SGA-1) in Kitchener's established Southdale neighbourhood. Featuring two self-contained, income-ready suites, that previous generated almost $50,000.00 in gross annual rent, that provide the flexibility to live in one while the other pays down your mortgage, plus a separate entrance to the basement, offering potential for a future third suite and added income! Each suite features their own private entry, 2 bedrooms, a full bathroom, and separate living and dining areas, all finished with carpet-free flooring, a modern kitchen with generous cabinetry, and an updated bathroom. Dedicated parking for each unit, on-site laundry, and an expansive shared backyard round out a setup designed for easy management and long term tenant appeal. Minutes to Highway 8, local transit, Zehrs, Queen Elizabeth Public School, and neighbourhood parks, this is a turn-key, centrally located multi-family asset with strong fundamentals and real upside. (id:63159)
Listing Information
- MLS®
- 40868224
- Data last synced
- October 8, 2026
ROYAL LEPAGE CROWN REALTY SERVICES INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: ROYAL LEPAGE CROWN REALTY SERVICES INC.
MLS® Number: 40868224
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
$406/sqft
Building average
—
No other active listings in this building
311 - Downtown/Rockway/S. Ward average
$395/sqft
20 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: 6.0% ($37,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$503,920.00
Periodic payment — Principal & Interest (monthly)$3,251.12
Additional monthly expenses (condo fees, tax, utilities, etc.)$450.59
Total monthly cost$3,701.71
Interest paid over 5-yr term$144,424.92
Balance at end of term$453,277.67
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$37,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,589.52
Cash Needed at Closing
Minimum down payment$37,990
Estimated Land Transfer Tax (LTT)$9,073
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,563
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.
