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Property Type: Detached HouseOwnership: Freehold
40 PERTH Road
Kitchener, ON N2M3G5
MLS® 40867998
$515,000
3 bed1 bath4 parking1,081 sqftBuilt 1948
Open House
Saturday, October 31
2:00 PM – 4:00 PM
Sunday, November 1
2:00 PM – 4:00 PM
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 40 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,769.81
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 12'5'' x 9'11'' |
| Bedroom | Second level | 12'4'' x 10'9'' |
| Laundry room | Main level | 9'6'' x 9'5'' |
| Living room/Dining room | Main level | 11'3'' x 16'2'' |
| Kitchen | Main level | 13'5'' x 7'5'' |
| Bedroom | Main level | 11'4'' x 9'10'' |
| 4pc Bathroom | Main level | 5'8'' x 7'5'' |
Description
Welcome to 40 Perth Road, a charming and pristine 1 1/2-storey home with 1,080 sq. ft. of renovated living space, a large private yard, and all of the important updates already completed. This move-in-ready home is an ideal fit for first-time buyers, young families, or anyone looking for a manageable home with room to grow. Conveniently located near St. Mary's General Hospital, schools, parks, shopping, everyday amenities, public transit, and quick expressway access. Step inside to an inviting main floor where large windows fill the living room with natural light, and warm-toned flooring creates a welcoming feel. The kitchen offers a classic white subway-tile backsplash set against stylish navy blue cabinetry and an abundance of natural light. Across the hall, a versatile additional room may serve as a third bedroom, home office, or dedicated dining room depending on your needs. Also on the main level is a beautifully updated 4-piece bathroom, along with a spacious laundry and mudroom with its own sink and convenient access to the backyard. Upstairs, you'll find two generously sized bedrooms tucked beneath the home's charming sloped rooflines, each with large windows and plenty of natural light. Downstairs, the clean and spacious basement provides excellent storage and additional possibilities for a workshop, home gym, or hobby space. Set on a large, mature lot, the expansive backyard offers plenty of room for kids and pets to play, summer entertaining, gardening, or simply relaxing beneath the surrounding mature trees. An 8’x 12’ storage shed adds useful outdoor storage, while the private driveway accommodates up to four vehicles. Major updates include furnace (2025), A/C (2021), roof (2018), Washer & Dryer 2022, plumbing, painting, windows and electrical. 40 Perth Road is all ready for you—just unpack and make it yours. (id:63161)
Listing Information
- MLS®
- 40867998
- Data last synced
- October 29, 2026
Flux Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Flux Realty
MLS® Number: 40867998
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
$476/sqft
Building average
—
No other active listings in this building
325 - Forest Hill average
$427/sqft
38 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: 5.1% ($26,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$412,000.00
Periodic payment — Principal & Interest (monthly)$2,658.08
Additional monthly expenses (condo fees, tax, utilities, etc.)$284.82
Total monthly cost$2,942.90
Interest paid over 5-yr term$118,080.38
Balance at end of term$370,595.33
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$26,500
Stress test qualifying rate8.19%
Payment you must qualify for$3,787.70
Cash Needed at Closing
Minimum down payment$26,500
Estimated Land Transfer Tax (LTT)$6,775
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,775
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.
