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Property Type: Detached HouseOwnership: Freehold
37 GOTTSCHEER Court
Kitchener, ON N2M3L3
MLS® 40868298
$670,000
3 bed2 bath5 parking1,300 sqftBuilt 1968
Property Details
Property & Lot
- Sub-type
- House
- Style
- Multi-level
- Stories
- 2
- Frontage
- 50 feet
R2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,676
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Basement | — |
| Kitchen | Basement | 8'0'' x 11'0'' |
| Recreation room | Basement | 12'0'' x 21'0'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 10'0'' x 11'0'' |
| Bedroom | Second level | 9'0'' x 14'0'' |
| Primary Bedroom | Second level | 11'5'' x 14'0'' |
| Dining room | Main level | 10'0'' x 12'0'' |
| Living room | Main level | 11'0'' x 15'0'' |
| Kitchen | Main level | 11'0'' x 14'0'' |
Description
Welcome to this Legal Duplex, property located on a quiet court in family-friendly Forest Hill!, just minutes away from the mall, shopping plazas, schools, restaurants, parks, trails, LRT transit, Highway 8 and Highway 401. This home offers two self-contained units, each with its own kitchen and laundry, making it an ideal opportunity for investors or multi-generational families. The upper-level unit features 3 bedrooms and 1 bathroom, a spacious living room, and large windows that fill the space with natural light. The kitchen is generously sized, while the upgraded bathroom. The lower-level unit comes with a large family room and 1 bathroom, accessible through a separate entrance via the righ side of the building. The lower unit is currently rented to reliable tenants. The entire home is carpet-free for easy maintenance. (id:63159)
Listing Information
- MLS®
- 40868298
- Data last synced
- October 10, 2026
RE/MAX Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Twin City Realty Inc.
MLS® Number: 40868298
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
$515/sqft
Building average
—
No other active listings in this building
325 - Forest Hill average
$425/sqft
38 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
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 6.3% ($42,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$536,000.00
Periodic payment — Principal & Interest (monthly)$3,458.09
Additional monthly expenses (condo fees, tax, utilities, etc.)$371.33
Total monthly cost$3,829.42
Interest paid over 5-yr term$153,619.14
Balance at end of term$482,133.73
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$42,000
Stress test qualifying rate8.19%
Payment you must qualify for$4,869.35
Cash Needed at Closing
Minimum down payment$42,000
Estimated Land Transfer Tax (LTT)$9,875
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,375
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.
