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Property Type: Detached HouseOwnership: Freehold
341 RIVERTRAIL Avenue
Kitchener, ON N2A0K4
MLS® 40872817
7
Walk Score
27
Transit
36
Bike
$1,399,999
5 bed4.5 bath4 parking3,270 sqftBuilt 2019
7
Walk Score
27
Transit
36
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 49 feet
R4-597R
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $9,538
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Basement | 52'10'' x 36'2'' |
| Storage | Basement | 5'6'' x 5'2'' |
| Cold room | Basement | 7'0'' x 6'2'' |
| Other | Second level | 5'4'' x 8'9'' |
| Other | Second level | 15'9'' x 6'2'' |
| Primary Bedroom | Second level | 15'9'' x 19'6'' |
| Laundry room | Second level | 6'0'' x 8'6'' |
| Bedroom | Second level | 11'11'' x 9'10'' |
| Bedroom | Second level | 12'8'' x 12'11'' |
| Bedroom | Second level | 11'11'' x 12'2'' |
| Bedroom | Second level | 17'4'' x 10'9'' |
| 5pc Bathroom | Second level | 13'2'' x 13'0'' |
| 4pc Bathroom | Second level | 7'0'' x 10'9'' |
Description
Rare Opportunity Backing Onto Protected Green Space & the Grand River Stunning 3,200+ sq. ft. home in a prime Waterloo Region location, offering peaceful views, direct access to walking trails, and frequent wildlife sightings right in your backyard. This 5-bedroom, 4-bathroom home features numerous upgrades, including hardwood and tile flooring, a modern kitchen with upgraded cabinetry, quartz countertops, and a gas stove line, plus elegant French doors and upgraded lighting throughout. The spacious layout includes well-appointed bathrooms, a Jack & Jill with seating, and a beautifully finished primary ensuite. Recent updates include a new A/C, range hood. Enjoy impressive curb appeal with an exposed aggregate concrete driveway, front patio, and backyard access. Conveniently located near Hwy 401 and the local airport, this home offers the perfect blend of nature, luxury, and accessibility. (id:63161)
Listing Information
- MLS®
- 40872817
- Data last synced
- October 22, 2026
Re/Max Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Twin City Realty Inc.
MLS® Number: 40872817
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
$428/sqft
Building average
—
No other active listings in this building
232 - Idlewood/Lackner Woods average
$394/sqft
22 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: 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: 8.2% ($115,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,119,999.00
Periodic payment — Principal & Interest (monthly)$7,225.85
Additional monthly expenses (condo fees, tax, utilities, etc.)$958.83
Total monthly cost$8,184.69
Interest paid over 5-yr term$320,994.93
Balance at end of term$1,007,442.72
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$115,000
Stress test qualifying rate8.19%
Payment you must qualify for$9,963.55
Cash Needed at Closing
Minimum down payment$115,000
Estimated Land Transfer Tax (LTT)$24,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$140,975
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.
