Loading…
Property Type: Detached HouseOwnership: Freehold
38 YULE Place
Kitchener, ON N2B2J8
MLS® 40871164
$1,200,000
5 bed3.5 bath4 parking3,109 sqftBuilt 1964
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 2
- Frontage
- 45 feet
R2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,497.45
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 2pc Bathroom | Main level | — |
| Storage | Basement | 11'5'' x 12'11'' |
| Laundry room | Basement | 11'4'' x 8'5'' |
| Utility room | Basement | 2'7'' x 7'0'' |
| Recreation room | Basement | 14'11'' x 23'5'' |
| Other | Basement | 17'10'' x 14'8'' |
| Storage | Basement | 3'6'' x 4'1'' |
| 3pc Bathroom | Basement | 6'11'' x 12'3'' |
| Storage | Basement | 3'6'' x 4'1'' |
| Cold room | Basement | 6'5'' x 8'1'' |
| Bedroom | Basement | 14'2'' x 9'8'' |
| Bedroom | Second level | 15'6'' x 13'0'' |
| 5pc Bathroom | Main level | 8'1'' x 7'3'' |
| Primary Bedroom |
Description
Welcome to this exceptional all-brick bungaloft, tucked away on a quiet court in Kitchener's desirable Heritage Park neighbourhood! Set on a beautifully treed, private property of approximately 1/3 of an acre, this home has undergone an incredible transformation, with over $400,000 invested in quality renovations that combine timeless character with modern sophistication. Inside, discover gorgeous new engineered hardwood flooring, updated trim, two gas fireplaces and a stunning kitchen renovation. The completely transformed lower level is an absolute standout! The spacious recreation room features a stunning stone fireplace, custom built-ins and a gorgeous beverage centre with bar fridge, perfect for entertaining or relaxing. An additional bedroom with a proper egress window offers flexibility for guests or family, while the beautifully finished full bathroom with heated floors adds comfort and luxury. Other significant improvements include a renovated main bathroom, updated siding, a new front entrance and updated windows. Outside, the expansive, fully fenced backyard offers exceptional privacy and an incredible setting for entertaining or unwinding. A beautiful cedar deck, hot tub and gazebo create your own private retreat, with plenty of space for children, pets and outdoor activities. This much space and privacy within the city is increasingly hard to find! Enjoy nearby woodland trails and walking distance to schools, shopping, Stanley Park Community Centre and the Kitchener Memorial Auditorium. Chicopee Ski Hill, Lyle Hallman Pool, Grand River Arena and Stanley Park Library are minutes away, with convenient access to the expressway and Highway 401. Beautifully renovated, exceptionally private and filled with character, this is a rare opportunity to enjoy an established neighbourhood with the comfort and style of a thoughtfully transformed home. A property that truly stands apart! (id:63161)
Listing Information
- MLS®
- 40871164
- Data last synced
- October 26, 2026
RE/MAX SOLID GOLD REALTY (II) LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX SOLID GOLD REALTY (II) LTD.
MLS® Number: 40871164
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
$386/sqft
Building average
—
No other active listings in this building
224 - Heritage Park/Rosemount average
$400/sqft
20 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: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (condo fees, tax, utilities, etc.)$613.12
Total monthly cost$6,806.72
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$95,000
Stress test qualifying rate8.19%
Payment you must qualify for$8,567.88
Cash Needed at Closing
Minimum down payment$95,000
Estimated Land Transfer Tax (LTT)$20,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$116,975
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.
