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Property Type: TownhouseOwnership: Condominium
423 WESTWOOD Drive Unit# 43
Kitchener, ON N2M5B5
MLS® 40868139
$399,999
3 bed3.5 bath1 parking1,160 sqftBuilt 1973
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
R2B
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $612/mo
- Annual property tax
- $2,333.95
Maintenance Fee Includes
Water
Also included: Landscaping, Parking
Interior
- Basement
- Finished, Full
- Heating
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 11'8'' x 12'7'' |
| 3pc Bathroom | Basement | — |
| Recreation room | Basement | 16'11'' x 18'4'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 9'11'' x 10'0'' |
| Bedroom | Second level | 7'11'' x 12'5'' |
| Primary Bedroom | Second level | 10'6'' x 13'5'' |
| 2pc Bathroom | Main level | — |
| Kitchen | Main level | 7'8'' x 9'9'' |
| Dining room | Main level | 7'6'' x 9'9'' |
| Living room | Main level | 19'1'' x 16'7'' |
Description
Welcome to 423 Westwood Drive, Unit #43, a beautifully maintained condo townhouse located in Kitchener’s established and desirable Westwood neighbourhood. Surrounded by mature trees and quiet residential streets, this home offers a wonderful blend of space, comfort, and low-maintenance living. Step inside to a bright and inviting main floor featuring a spacious living area that’s perfect for both everyday living and entertaining. The eat-in kitchen offers ample cabinetry and workspace, creating a practical and welcoming hub for family meals and gatherings. A convenient two-piece powder room completes the main level. Upstairs, you’ll find well-sized bedrooms and a full bathroom, providing comfortable and functional living space for families, professionals, or anyone seeking a move-in-ready home. The finished lower level adds valuable flexibility with additional living space ideal for a family room, home office, or recreation area. This level also features a three-piece bathroom, laundry area, and extra storage, enhancing the home’s practicality. Enjoy the benefits of easy condo living, where exterior maintenance is taken care of, while still having your own private outdoor space to relax and unwind. Residents also enjoy access to an in-ground pool and playground, making this a great community for families and those who appreciate outdoor amenities. The location is exceptional — just minutes to The Boardwalk shopping district, parks, schools, public transit, and both universities. Commuters and investors alike will appreciate the convenience and strong rental appeal of this area. Whether you’re a first-time buyer, downsizer, or investor, Unit #43 offers outstanding value and an opportunity to own in a well-established community. (2nd parking spot is by waitlist with a monthly rental of approximately $40/month) (id:63159)
Listing Information
- MLS®
- 40868139
- Data last synced
- October 2, 2026
RED AND WHITE REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RED AND WHITE REALTY INC.
MLS® Number: 40868139
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
$345/sqft
Building average
—
No other active listings in this building
415 - Uptown Waterloo/Westmount average
$343/sqft
7 active listing(s)
Parking: 1 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% ($20,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$319,999.00
Periodic payment — Principal & Interest (monthly)$2,064.52
Additional monthly expenses (condo fees, tax, utilities, etc.)$864.48
Total monthly cost$2,929.00
Interest paid over 5-yr term$91,712.63
Balance at end of term$287,840.14
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$20,000
Stress test qualifying rate8.19%
Payment you must qualify for$2,946.41
Cash Needed at Closing
Minimum down payment$20,000
Estimated Land Transfer Tax (LTT)$4,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,975
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.
