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Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED
508 VERONICA DRIVE
Kitchener, ON N2A4E8
MLS® X14106266
46
Walk Score
39
Transit
48
Bike
$699,999
3 bed4 full, 2 half bath3 parking
46
Walk Score
39
Transit
48
Bike
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 33.3 x 95.6 FT
- Frontage
- 33.3 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,355
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Description
Welcome to 508 Veronica Drive, a beautifully maintained 2-storey detached home offering over 2000 sq ft tucked away on a quiet, family-friendly street in Stanley Park with no through traffic and a peaceful greenspace setting behind. Offering 3 bedrooms, 2 full bathrooms, plus a convenient powder room on the main floor and another in the finished basement, this home has plenty of space for families to grow. Inside, you'll find a bright, functional layout with hardwood flooring on the main and basement level and laminate on the upper level, making the home easy to maintain and move-in ready. The spacious main floor offers an inviting flow between the living and dining areas, with plenty of natural light and views of the surrounding greenery. The kitchen features ample cabinetry and updated appliances, including a new gas stove (2025) and dishwasher (2021). Upstairs, three generous bedrooms provide comfortable living space, including a primary bedroom with its own private ensuite and 2 closets. A second full bathroom serves the additional bedrooms. The finished basement adds valuable living space with a large recreation room and convenient 2-piece bathroom-perfect for movie nights, a playroom, home office or gym. Step outside to your fully fenced backyard and enjoy the privacy of greenspace directly behind the home, complete with a deck and gazebo. With trails right nearby and easy access to Chicopee Ski & Summer Resort, outdoor adventure is just steps from home. Recent updates include a new furnace and A/C (2025) and new gas stove (2025). Located close to top-rated schools, parks, trails, shopping and amenities, this is a wonderful opportunity to own a home in one of Kitchener's established and sought-after family neighbourhoods. Quiet street. Greenspace. Trails. Great schools. Move-in ready. 508 Veronica Drive has it all. (id:63161)
Listing Information
- MLS®
- X14106266
- Data last synced
- October 23, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: X14106266
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: 3 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: 6.4% ($45,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,999.00
Periodic payment — Principal & Interest (monthly)$3,612.92
Additional monthly expenses (condo fees, tax, utilities, etc.)$362.92
Total monthly cost$3,975.84
Interest paid over 5-yr term$160,497.32
Balance at end of term$503,720.91
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$45,000
Stress test qualifying rate8.19%
Payment you must qualify for$5,078.69
Cash Needed at Closing
Minimum down payment$45,000
Estimated Land Transfer Tax (LTT)$10,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,975
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.
