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Property Type: Detached HouseOwnership: Freehold
42 SHANLEY Street
Kitchener, ON N2H5N0
MLS® 40860114
$629,900
3 bed3.5 bath2 parking2,268 sqftBuilt 1913
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 3
- Frontage
- 24 feet
R2B
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,270
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 12'4'' x 6'3'' |
| Attic | Third level | 29'2'' x 14'5'' |
| 3pc Bathroom | Basement | — |
| Recreation room | Basement | 23'6'' x 12'4'' |
| Kitchen | Basement | 10'8'' x 8'8'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 9'4'' x 7'5'' |
| Bedroom | Second level | 10'4'' x 11'2'' |
| Primary Bedroom | Second level | 8'0'' x 13'2'' |
| 2pc Bathroom | Main level | — |
| Dining room | Main level | 12'2'' x 9'8'' |
| Living room | Main level | 12'6'' x 13'0'' |
| Kitchen | Main level | 12'2'' x 16'7'' |
Description
Welcome to 42 Shanley St., an updated century home in the heart of Downtown Kitchener with original charm preserved and investment potential with basement apartment. Inside this 3 bed, 3 bath home is laminate flooring with original wood trim to keep the cozy feel of the Victorian era. Enjoy family dinners and friendly gatherings in the gorgeous dining room with large windows surrounding to let in the natural light. From the welcoming living room is the bright eat-in kitchen where you'll find the hall to the main floor laundry and powder room as well as access to your private fully fenced backyard, perfect for relaxing or gardening. Upstairs there is a 4 pce main bathroom and 3 spacious bedrooms including the master with its own private balcony where you can enjoy the peaceful tranquility of the lush, treed yard. As a bonus you will absolutely love the finished loft - use it as an office, a family room or 4th bedroom! Downstairs in the full size, fully finished basement is a perfect mortgage helper or in-law suite with a 3 pce bath, full kitchen and bedroom area as well as a separate entrance. Don't miss your chance to live in this vibrant neighbourhood between downtown Kitchener and Uptown Waterloo, with convenient transportation such as LRT, bus and Go Train and walkable distance to restaurants and shops. (id:63159)
Listing Information
- MLS®
- 40860114
- Data last synced
- September 15, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40860114
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
$278/sqft
Building average
—
No other active listings in this building
114 - Uptown Waterloo/North Ward average
$405/sqft
36 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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
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: 6.0% ($37,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$503,920.00
Periodic payment — Principal & Interest (monthly)$3,251.12
Additional monthly expenses (condo fees, tax, utilities, etc.)$385.50
Total monthly cost$3,636.62
Interest paid over 5-yr term$144,424.92
Balance at end of term$453,277.67
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$37,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,589.52
Cash Needed at Closing
Minimum down payment$37,990
Estimated Land Transfer Tax (LTT)$9,073
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,563
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.
