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Property Type: Detached HouseOwnership: Freehold
316 RISTAU Place S
Kitchener, ON N2E3B2
MLS® 40856573
$619,000
3 bed2.5 bath3 parking1,790 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 30 feet
R2B
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,908.68
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 2pc Bathroom | Basement | — |
| Recreation room | Basement | 10'2'' x 17'0'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 8'4'' x 11'4'' |
| Bedroom | Second level | 8'8'' x 9'7'' |
| Primary Bedroom | Second level | 10'2'' x 13'5'' |
| Dining room | Main level | 11'5'' x 8'5'' |
| Kitchen | Main level | 9'2'' x 11'5'' |
| Living room | Main level | 11'0'' x 16'2'' |
Description
Welcome to this beautifully maintained 3-bedroom, 2-bathroom detached two-storey home located in one of Kitchener's most desirable family-friendly neighbourhoods. Offering a perfect blend of comfort and functionality, this home features spacious principal rooms, a bright and inviting layout, and a fully finished basement providing additional living space for the whole family. Step outside to enjoy the impressive backyard retreat, complete with a large deck that's perfect for entertaining, summer barbecues, or simply relaxing outdoors. With parking for up to three vehicles, there's plenty of room for family and guests alike. Conveniently situated close to schools, parks, shopping, and major commuter routes, this property offers the ideal combination of neighbourhood charm and everyday convenience. Whether you're a growing family, first-time buyer, or looking for more space, this home is one you won't want to miss. (id:63159)
Listing Information
- MLS®
- 40856573
- Data last synced
- September 15, 2026
MAKEY REAL ESTATE INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: MAKEY REAL ESTATE INC.
MLS® Number: 40856573
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
$346/sqft
Building average
—
No other active listings in this building
333 - Laurentian Hills/Country Hills W average
$364/sqft
40 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% ($36,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$495,200.00
Periodic payment — Principal & Interest (monthly)$3,194.86
Additional monthly expenses (condo fees, tax, utilities, etc.)$415.72
Total monthly cost$3,610.59
Interest paid over 5-yr term$141,925.74
Balance at end of term$445,434.00
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$36,900
Stress test qualifying rate8.19%
Payment you must qualify for$4,513.45
Cash Needed at Closing
Minimum down payment$36,900
Estimated Land Transfer Tax (LTT)$8,855
Legal / closing costs (typical estimate)$1,500
Total cash needed$47,255
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.
