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Property Type: Detached HouseOwnership: Freehold
285 STONYBROOK Drive
Kitchener, ON N2M4L8
MLS® 40856997
$699,900
3 bed2 bath6 parking1,544 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 79 feet
R2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,188.8
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | — |
| Bonus Room | Basement | — |
| Bonus Room | Basement | 8'6'' x 4'0'' |
| 3pc Bathroom | Basement | — |
| Recreation room | Basement | 12'2'' x 17'0'' |
| Dining room | Main level | 8'10'' x 11'6'' |
| Living room | Main level | 10'7'' x 19'8'' |
| Kitchen | Main level | 10'10'' x 9'2'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 10'0'' x 8'7'' |
| Bedroom | Second level | 10'5'' x 11'1'' |
| Primary Bedroom | Second level | 10'10'' x 11'8'' |
Description
Welcome to this charming side-split home in the sought-after Forest Hill area! Nestled in a mature, tree-lined neighbourhood, this well located 3 bedrooms,2- bathrooms home offers wonderful combination of comfort, space and potential. The property features beautiful landscaping and a spacious backyard overlooking the park, creating a peaceful for relaxing and entertaining. the versatile layout also offers potential for an in-law suite, making this home an excellent opportunity for families looking for an additional living space. Recent updates include a brand new steel roof, offering both style and peace of mind. Parking is plentiful with ample street parking plus a private driveway accomodating 5 vehicles. Conveniently located close to shopping, schools, parks, restaurants and many other amenities, with easy access to the highway for commuters. A wonderful opportunity to enjoy the charm of forest Hill in a beautiful maintained and ideally situated home. (id:63159)
Listing Information
- MLS®
- 40856997
- Data last synced
- October 10, 2026
GRAND WEST REALTY INC., BROKERAGE
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: GRAND WEST REALTY INC., BROKERAGE
MLS® Number: 40856997
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
$453/sqft
Building average
—
No other active listings in this building
325 - Forest Hill average
$428/sqft
38 active listing(s)
Parking: 6 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: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$426.07
Total monthly cost$4,038.48
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$44,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,078.00
Cash Needed at Closing
Minimum down payment$44,990
Estimated Land Transfer Tax (LTT)$10,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,963
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.
