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Property Type: TownhouseOwnership: Freehold
308 PARKVALE Drive
Kitchener, ON N2R1Y7
MLS® 40868846
$634,999
3 bed2.5 bath3 parking1,665 sqftBuilt 2007
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
- Frontage
- 130 feet
A
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Freehold
- Annual property tax
- $4,491
Interior
- Basement
- Finished, Full
- Heating
- Hot water radiator heat, Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 17'3'' x 20'8'' |
| Recreation room | Basement | 16'10'' x 16'3'' |
| 4pc Bathroom | Second level | 8'6'' x 10'10'' |
| Bedroom | Second level | 8'8'' x 12'11'' |
| Bedroom | Second level | 8'6'' x 17'0'' |
| Primary Bedroom | Second level | 12'2'' x 15'11'' |
| 2pc Bathroom | Main level | 2'7'' x 7'4'' |
| Family room | Main level | 17'2'' x 9'4'' |
| Dining room | Main level | 13'7'' x 7'9'' |
| Kitchen | Main level | 13'7'' x 11'1'' |
Description
END UNIT WITH LARGE LOT - This fantastic end-unit townhome offers something incredibly hard to find—an oversized side yard with plenty of room to enjoy the outdoors! With no direct rear neighbours, the property offers exceptional outdoor space while still giving you all the convenience of city living. Inside, the bright, open-concept main floor flows easily between the living, dining and kitchen areas, perfect for everyday life and entertaining. Upstairs you'll find three bedrooms and a full bathroom, including a spacious primary bedroom with a walk-in closet and convenient cheater ensuite access. The finished basement adds even more flexibility with space for a home office, playroom, rec room or potential fourth bedroom. A single-car garage plus driveway parking for two more vehicles provides room for three cars. Walk to shopping, restaurants, schools and everyday amenities, with a public school and beautiful neighbourhood park directly across the street. Easy access to Highway 7/8 and the 401 completes the package. A great home with outdoor space you simply don't expect to find in a townhome! (id:63161)
Listing Information
- MLS®
- 40868846
- Data last synced
- October 25, 2026
Real Broker Ontario Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Real Broker Ontario Ltd.
MLS® Number: 40868846
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
$381/sqft
Building average
—
No other active listings in this building
334 - Huron Park average
$387/sqft
28 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: 6.1% ($38,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$507,999.00
Periodic payment — Principal & Interest (monthly)$3,277.44
Additional monthly expenses (condo fees, tax, utilities, etc.)$457.25
Total monthly cost$3,734.69
Interest paid over 5-yr term$145,593.97
Balance at end of term$456,946.74
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$38,500
Stress test qualifying rate8.19%
Payment you must qualify for$4,625.10
Cash Needed at Closing
Minimum down payment$38,500
Estimated Land Transfer Tax (LTT)$9,175
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,175
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.
