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Property Type: Detached HouseOwnership: Freehold
344 DRIFTWOOD Drive
Kitchener, ON N2N1Y7
MLS® 40864860
$749,905
3 bed2.5 bath5 parking2,017 sqftBuilt 1980
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 47 feet
R2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,409
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 13'5'' x 17'5'' |
| Recreation room | Basement | 21'4'' x 19'0'' |
| Primary Bedroom | Second level | 12'0'' x 13'1'' |
| Bedroom | Second level | 8'7'' x 9'9'' |
| Bedroom | Second level | 8'11'' x 16'2'' |
| Attic | Second level | 15'10'' x 18'0'' |
| Attic | Second level | 15'2'' x 18'3'' |
| 3pc Bathroom | Second level | 7'6'' x 5'0'' |
| Living room | Main level | 16'1'' x 11'1'' |
| Laundry room | Main level | 7'10'' x 7'10'' |
| Kitchen | Main level | 9'1'' x 10'3'' |
| Other | Main level | 50'2'' x 18'0'' |
| Dining room | Main level | 8'3'' x 9'6'' |
Description
RARE OVERSIZED 50 feet long HEATED GARAGE + EXCEPTIONAL LIVING SPACE! Charming curb appeal, thoughtful updates, and incredible versatility come together in this beautifully presented 3-bedroom 2-bathroom home. Large windows fill the home with natural light, complemented by updated flooring and lighting throughout. The bathrooms have also been refreshed with new vanities, mirrors, and fixtures.The inviting main floor features a bright eat-in kitchen with sliders overlooking the beautifully hardscaped backyard for low maintenance living, a separate dining room, convenient main-floor laundry, and a warm, welcoming living space. Upstairs, you'll find three comfortable bedrooms, and a 3pc bath, offering a practical layout for families. The finished lower level adds even more versatility with a spacious recreation room featuring a charming fireplace, plus a separate utility area. Something truly unique is the heated oversized garage, extending approximately 50 feet deep with two floor drains and complete with its own gas furnace. The garage's second storey offers a huge attic-style space, perfect for storage or, with the appropriate finishing, the potential to create additional living space. This incredible garage provides room for vehicles, hobby mechanic, a workshop, storage, and possibilities rarely found at this price point. Outside, enjoy a private, mature and beautifully hardscaped backyard featuring established gardens. Ideally situated close to schools, parks, playgrounds, shopping plazas, public transit, walking trails, and major expressways, with everyday amenities and conveniences just moments away. Main and second floor Painted - 2026, Main and upper flooring - 2025, Upstairs Washroom renovated - 2025, Roof - 2023, A/C - 2020. With its charming street presence, generous living space, extensive updates, and extraordinary garage, this is a rare opportunity you won't want to miss! (id:63159)
Listing Information
- MLS®
- 40864860
- Data last synced
- October 19, 2026
Affinity Real Estate Inc
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Affinity Real Estate Inc
MLS® Number: 40864860
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
$372/sqft
Building average
—
No other active listings in this building
337 - Forest Heights average
$360/sqft
25 active listing(s)
Parking: 5 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
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Mortgage & Ownership Cost Calculator
Minimum required: 6.7% ($49,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$599,924.00
Periodic payment — Principal & Interest (monthly)$3,870.51
Additional monthly expenses (condo fees, tax, utilities, etc.)$468.42
Total monthly cost$4,338.92
Interest paid over 5-yr term$171,939.94
Balance at end of term$539,633.58
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$49,991
Stress test qualifying rate8.19%
Payment you must qualify for$5,426.96
Cash Needed at Closing
Minimum down payment$49,991
Estimated Land Transfer Tax (LTT)$11,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$62,964
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.
