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Property Type: Detached HouseOwnership: Freehold
468 HIGHLAND ROAD
Kitchener, ON N2M3W7
MLS® X14028738
$575,000
3 bed2 bath4 parking
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 40 x 110 FT
- Frontage
- 40 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,065
Interior
- Basement
- Finished, N/A
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Bedroom | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | — |
| Family room | Basement | — |
| Kitchen | Basement | — |
| Bedroom | Basement | — |
| Bathroom | Basement | — |
Description
Welcome to 468 Highland Road East, Kitchener, a beautifully updated brick bungalow with a fully finished in-law suite, perfect for the first-time buyer looking to offset their mortgage from day one. Upstairs you'll find two well sized bedrooms, one with a walkout to the backyard, an updated kitchen with tiled backsplash, a large bright living room and a fully updated main bath. While the lower level offers a self-contained space with its own entrance, a third bedroom, heated bathroom floors, and a separate laundry. This isn't a project, it's a move-in ready home with potential income built in. Outside, a double-wide driveway gives you plenty of parking, a fully fenced yard for privacy, a poured concrete pad with shed for extra storage, and the oversized backyard has room to breathe, play, or build. Located minutes from Highway 7 and close to downtown Kitchener, transit, and everyday amenities. (id:63161)
Listing Information
- MLS®
- X14028738
- Data last synced
- October 21, 2026
SHAW REALTY GROUP INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: SHAW REALTY GROUP INC.
MLS® Number: X14028738
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Kitchener average
$400/sqft
504 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: 5.7% ($32,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$460,000.00
Periodic payment — Principal & Interest (monthly)$2,967.76
Additional monthly expenses (condo fees, tax, utilities, etc.)$255.42
Total monthly cost$3,223.18
Interest paid over 5-yr term$131,837.32
Balance at end of term$413,771.49
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$32,500
Stress test qualifying rate8.19%
Payment you must qualify for$4,206.40
Cash Needed at Closing
Minimum down payment$32,500
Estimated Land Transfer Tax (LTT)$7,975
Legal / closing costs (typical estimate)$1,500
Total cash needed$41,975
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.
