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Property Type: TownhouseOwnership: Condominium
403 WESTWOOD Drive Unit# 59
Kitchener, ON N2M0B5
MLS® 40866521
$482,900
3 bed2.5 bath2 parking1,292 sqftBuilt 2019
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
- Frontage
- 0 feet
R6
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $306/mo
- Annual property tax
- $3,323.82
Maintenance Fee Includes
Also included: Landscaping, Insurance
Interior
- Basement
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Ensuite bath | Second level | — |
| Bedroom | Second level | 10'6'' x 11'0'' |
| Primary Bedroom | Second level | 13'5'' x 17'6'' |
| Bedroom | Main level | 11'0'' x 11'9'' |
| 2pc Bathroom | Main level | — |
| Dining room | Main level | 18'0'' x 25'6'' |
| Kitchen | Main level | 18'1'' x 25'6'' |
| Living room | Main level | 18'1'' x 25'6'' |
Description
Welcome to #59-403 Westwood Drive, Kitchener! Located in the HIGHLY DESIRABLE WESTWOOD MEWS community, this modern townhome offers nearly 1,300 SQ FT of bright and functional living space with 3 BEDROOMS, 2 BATHROOMS, 3 COVERED BALCONIES, 2 PARKING SPACES and 1 CAR GARAGE !!! The OPEN-CONCEPT main floor features 9-FT CEILINGS, a stylish kitchen with STAINLESS STEEL APPLIANCES, QUARTZ COUNTERTOPS, AMPLE CABINETRY, and a LARGE ISLAND WITH BREAKFAST BAR SEATING. Spacious living and dining areas with FRENCH DOORS lead to a PRIVATE BALCONY, perfect for relaxing or entertaining. A versatile MAIN-FLOOR BEDROOM/OFFICE offers additional flexibility for today’s lifestyle. Upstairs features a SPACIOUS PRIMARY BEDROOM with WALK-IN CLOSET and PRIVATE COVERED BALCONY, an additional bright bedroom, CONVENIENT SECOND-FLOOR LAUNDRY, and a 4-PIECE BATHROOM. This property offers INCREDIBLE VALUE and is the perfect opportunity for buyers looking to add their own personal touches, as some MINOR UPDATES AND IMPROVEMENTS ARE NEEDED. LOW CONDO FEES add to the appeal.There Is Visitor Parking as well as street Parking nearby.Ideally located near the UNIVERSITY OF WATERLOO, WESTMOUNT GOLF & COUNTRY CLUB, BELMONT VILLAGE, THE BOARDWALK, PARKS, TRAILS, SHOPPING, DINING, TOP-RATED SCHOOLS, and QUICK EXPRESSWAY ACCESS. A fantastic opportunity for FIRST-TIME BUYERS, INVESTORS, or those seeking LOW-MAINTENANCE LIVING in an unbeatable location!ESTIMATED QUOTE to fix it back to a livable condition ,approximate 5000$( see suppliments) (id:63161)
Listing Information
- MLS®
- 40866521
- Data last synced
- October 29, 2026
Re/Max Icon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Icon Realty
MLS® Number: 40866521
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
$374/sqft
Building average
—
No other active listings in this building
415 - Uptown Waterloo/Westmount average
$338/sqft
7 active listing(s)
Parking: 2 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: 5.0% ($24,145) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$386,320.00
Periodic payment — Principal & Interest (monthly)$2,492.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$648.00
Total monthly cost$3,140.40
Interest paid over 5-yr term$110,720.42
Balance at end of term$347,496.09
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$24,145
Stress test qualifying rate8.19%
Payment you must qualify for$3,557.07
Cash Needed at Closing
Minimum down payment$24,145
Estimated Land Transfer Tax (LTT)$6,133
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,778
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.
