Loading…
Property Type: Detached HouseOwnership: Freehold
46 SHANLEY Street
Kitchener, ON N2H5N9
MLS® 40827870
$749,900
6 bed3.5 bath4 parking2,186 sqftBuilt 1887
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 62 feet
R2B
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,354
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Window air conditioner
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | — |
| Bedroom | Second level | 9'10'' x 12'3'' |
| Bedroom | Second level | 7'1'' x 12'1'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Main level | 8'10'' x 12'6'' |
| Living room | Main level | 18'10'' x 16'11'' |
| Kitchen | Main level | 8'10'' x 12'5'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 12'10'' x 13'9'' |
| Bedroom | Second level | 7'9'' x 10'1'' |
| Bedroom | Second level | 11'2'' x 12'10'' |
| 2pc Bathroom | Main level | — |
| Kitchen | Main level | 13'2'' x 10'4'' |
| Living room |
Description
Endless possibilities await with this unique Midtown property! Situated on an impressive 62 x 150 ft lot, this spacious home is currently configured as two separate side-by-side 2-storey residences, each featuring private front and rear entrances along with separate driveways. The seller has already completed many of the steps toward creating two semi-detached homes, with only separate water and sewer lines remaining. This property also offers excellent potential as a multi-family investment, making it an outstanding opportunity for future development or rental income in a highly desirable area. Perfect for multi-generational living, an in-law setup, or large families seeking both togetherness and privacy, each unit provides generous living space and flexibility to suit a variety of needs. Opportunities like this are rare. With the right vision and updates, this property could become an exceptional long-term investment. Priced with improvements in mind. Don’t miss your chance — book your private showing today! (id:63161)
Listing Information
- MLS®
- 40827870
- Data last synced
- October 23, 2026
Mcintyre Real Estate Services Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Mcintyre Real Estate Services Inc.
MLS® Number: 40827870
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
$343/sqft
Building average
—
No other active listings in this building
114 - Uptown Waterloo/North Ward average
$403/sqft
36 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: 6.7% ($49,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$599,920.00
Periodic payment — Principal & Interest (monthly)$3,870.48
Additional monthly expenses (condo fees, tax, utilities, etc.)$471.83
Total monthly cost$4,342.31
Interest paid over 5-yr term$171,938.80
Balance at end of term$539,629.98
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$49,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,426.92
Cash Needed at Closing
Minimum down payment$49,990
Estimated Land Transfer Tax (LTT)$11,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$62,963
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.
