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Property Type: Detached HouseOwnership: Freehold
385 VILLAGE CRESCENT
Kitchener, ON N2M4V2
MLS® X13867438
$939,900
6 bed3 bath5 parking
Amenities
Also listed: Fireplace(s)
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 50 x 115 FT
- Frontage
- 50 feet
R2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,555.43 (2026)
Interior
- Basement
- Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Bedroom | Lower level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
| Bedroom 3 | Second level | — |
| Bedroom 4 | Second level | — |
| Recreational, Games room | Lower level | — |
| Kitchen | Lower level | — |
| Bedroom | Lower level | — |
Description
Stunning Fully Renovated Sidesplit with Legal Basement Suite in Forest Hill. Welcome to this beautifully reimagined home, where thoughtful design meets exceptional craftsmanship at every turn. With over $180,000 invested in premium upgrades, this home has been professionally renovated down to the last detail and is truly move-in ready. Offering 2,232 sq ft of well-planned living space, the upper unit features 4 spacious bedrooms and 2 full bathrooms, including a private ensuite - ideal for growing families or those who love room to spread out. Gorgeous hardwood flooring flows throughout the main floor, while the brand-new kitchen showcases premium quartz countertops, a matching backsplash, and sleek stainless steel appliances. Bathrooms are finished to the highest standard, complete with elegant touch LED mirrors, and electric zebra blinds add a modern, effortless touch of comfort and privacy throughout. Downstairs, you'll find a brand-new legal basement unit with its own garden door walk-out entrance - a rare and valuable addition. This fully self-contained 2-bedroom suite includes its own kitchen, laundry, and oversized above-grade windows that flood the space with natural light, making it feel anything but "basement." Whether you're looking to generate rental income, accommodate extended family, or simply enjoy extra flexible living space, this legal duplex setup delivers outstanding versatility. Perfectly situated in Forest Hill, you'll enjoy convenient access to shopping, dining, and everyday amenities, with easy connections to Fischer-Hallman Road and Highway 7 for effortless commuting. This is a rare opportunity to own a fully renovated, turn-key home with income potential and space for everyone - all wrapped up in warm, welcoming style. Book your showing today and experience it for yourself! Furnace & A/C replaced 2014, Roof replaced 2017. Some images are virtually staged. (id:63161)
Listing Information
- MLS®
- X13867438
- Tax assessment year
- 2026
- Data last synced
- October 28, 2026
GREEN HEDGE REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: GREEN HEDGE REALTY INC.
MLS® Number: X13867438
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Kitchener average
$400/sqft
504 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: 7.3% ($68,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$751,920.00
Periodic payment — Principal & Interest (monthly)$4,851.13
Additional monthly expenses (condo fees, tax, utilities, etc.)$379.62
Total monthly cost$5,230.75
Interest paid over 5-yr term$215,502.43
Balance at end of term$676,354.47
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$68,990
Stress test qualifying rate8.19%
Payment you must qualify for$6,752.81
Cash Needed at Closing
Minimum down payment$68,990
Estimated Land Transfer Tax (LTT)$15,273
Legal / closing costs (typical estimate)$1,500
Total cash needed$85,763
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.
