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Property Type: Detached HouseOwnership: Freehold
507 MANCHESTER Road
Kitchener, ON N2B1A7
MLS® 40870383
$699,900
4 bed2 bath5 parking2,805 sqftBuilt 1960
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 53 feet
R2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Condo / maintenance fee
- $0/mo
- Annual property tax
- $4,738.2
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | 4'0'' x 7'11'' |
| Utility room | Basement | 17'9'' x 38'3'' |
| Bedroom | Basement | 11'2'' x 16'8'' |
| Recreation room | Basement | 14'8'' x 20'6'' |
| Bedroom | Main level | 9'2'' x 8'11'' |
| 4pc Bathroom | Main level | 6'7'' x 10'2'' |
| Primary Bedroom | Main level | 13'5'' x 10'0'' |
| Bedroom | Main level | 9'11'' x 12'6'' |
| Family room | Main level | 12'1'' x 25'6'' |
| Kitchen | Main level | 10'6'' x 11'6'' |
| Dining room | Main level | 9'8'' x 16'4'' |
| Living room | Main level | 13'5'' x 18'0'' |
Description
Super cute and well-cared-for 3 bedroom bungalow situated on a fabulous lot in Kitchener’s established Rosemount neighbourhood. Offering 1,571 sq. ft. on the main level, this home combines the convenience of one-floor living with generous living space and plenty of room to grow. A covered front porch welcomes you into a bright living room featuring hardwood floors and a large window. The well sized dining room is perfect for family gatherings and entertaining, and has been opened up into the kitchen which has been updated with warm oak cabinetry and enjoys a beautiful bay window—perfect for your herb garden! What sets this bungalow apart from others in the neighbourhood is the main floor family room addition featuring vaulted ceilings, bright windows, and a walkout to the rear deck. Main-floor laundry adds everyday convenience, or there is downstairs laundry too! Like most bungalows, the lower level provides a huge amount of space. Here you will find a recreation room, guest bedroom, new three-piece bathroom and an abundance of storage and utility space. A separate entrance from the driveway to the basement adds flexibility for easy access for guests, hobbies or future use. Outside, enjoy the privacy of mature landscaping, lovingly nurtured gardens and a charming water fountain creating a lovely backdrop for relaxing or entertaining. The detached garage is ideal for additional parking, storage or a workshop, while the large driveway accommodates approx. 5 cars. Located close to parks, trails, great schools, shopping, public transit routes, and with convenient access to the highway just minutes away. This home checks off a lot of boxes for families, first time home buyers, and down sizers! Lots of updates include furnace, a/c, garage roof, refinished hardwood, and more... (id:63159)
Listing Information
- MLS®
- 40870383
- Data last synced
- October 10, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40870383
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
$250/sqft
Building average
—
No other active listings in this building
224 - Heritage Park/Rosemount average
$409/sqft
20 active listing(s)
Parking: 5 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
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$534.85
Total monthly cost$4,147.26
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$44,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,078.00
Cash Needed at Closing
Minimum down payment$44,990
Estimated Land Transfer Tax (LTT)$10,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,963
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.
