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Property Type: Detached HouseOwnership: Freehold
3 CORA Drive
Kitchener, ON N2N3C6
MLS® 40856869
$759,000
4 bed2 bath4 parking2,108 sqftBuilt 1990
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 66 feet
RES-2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,005.35
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 18'7'' x 10'3'' |
| Recreation room | Basement | 16'6'' x 26'4'' |
| Family room | Lower level | 16'8'' x 18'9'' |
| Bedroom | Lower level | 10'8'' x 12'5'' |
| 4pc Bathroom | Lower level | — |
| Primary Bedroom | Second level | 16'3'' x 12'0'' |
| Bedroom | Second level | 12'3'' x 12'8'' |
| Bedroom | Second level | 11'3'' x 8'5'' |
| 4pc Bathroom | Second level | — |
| Living room | Main level | 11'1'' x 8'11'' |
| Kitchen | Main level | 17'0'' x 11'0'' |
| Dining room | Main level | 10'11'' x 15'4'' |
Description
Welcome home to this fully finished backsplit situated on a generous corner lot in Forest Heights. The large corner lot offers plenty of space to enjoy the outdoors, with a large backyard that could even accommodate a future pool. There’s lots of room for summer barbecues, entertaining, and family fun. The main level features a comfortable living room and dining area with plenty of space for family gatherings. The kitchen offers a large island, granite countertops, ample storage, and convenient access to the backyard patio. Upstairs, you’ll find three good-sized bedrooms, including a primary bedroom with a walk-in closet, along with a four-piece bathroom. The lower level offers a spacious family room with a gas fireplace, creating a cozy spot for movie or game nights. There is also an additional room and a four-piece bathroom, providing plenty of flexibility for a guest room, alternate primary bedroom, home office, or in-law space. The finished basement provides even more usable space that could be used as a home gym, games room, play area, or whatever works best for your family. A large cold cellar and utility room complete the basement. A great family home in a convenient Forest Heights location, with plenty of space inside and out. Come take a look and see if it’s the right fit for you! (id:63159)
Listing Information
- MLS®
- 40856869
- Data last synced
- October 10, 2026
Chestnut Park Realty Southwestern Ontario Limited
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Chestnut Park Realty Southwestern Ontario Limited
MLS® Number: 40856869
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
$360/sqft
Building average
—
No other active listings in this building
337 - Forest Heights average
$360/sqft
25 active listing(s)
Parking: 4 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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Population
256,885
(2021 Census)
+10.1% since 2016
Similar Listings Nearby
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Mortgage & Ownership Cost Calculator
Minimum required: 6.7% ($50,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$607,200.00
Periodic payment — Principal & Interest (monthly)$3,917.45
Additional monthly expenses (condo fees, tax, utilities, etc.)$522.11
Total monthly cost$4,439.56
Interest paid over 5-yr term$174,025.27
Balance at end of term$546,178.36
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$50,900
Stress test qualifying rate8.19%
Payment you must qualify for$5,490.42
Cash Needed at Closing
Minimum down payment$50,900
Estimated Land Transfer Tax (LTT)$11,655
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,055
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.
