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Property Type: Detached HouseOwnership: Freehold
521 FALCONRIDGE CRESCENT
Kitchener, ON N2K4H9
MLS® X13803108
$1,899,900
6 bed5.5 bath6 parking
Amenities
Also listed: Fireplace(s)
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 58 x 120 FT ; 119.95Ft X53.20Ft X5.11Ft X5.11Ftx132.87
- Frontage
- 58 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $10,935
Interior
- Basement
- Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 4 | Second level | — |
| Laundry room | Main level | — |
| Bedroom 5 | Basement | — |
| Bathroom | Main level | — |
| Bedroom 3 | Second level | — |
| Kitchen | Basement | — |
| Bedroom 2 | Second level | — |
| Bathroom | Basement | — |
| Office | Main level | — |
| Bathroom | Basement | — |
| Primary Bedroom | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Recreational, Games room | Basement | — |
Description
Welcome to 521 Falconridge Crescent, an exceptional custom-built home in Kitchener's coveted Kiwanis Park community. Situated on a premium -acre lot surrounded by beautiful homes, parks, and trails, this one-of-a-kind residence offers over 4,800 sq. ft. of finished living space with 6 bedrooms and 5 bathrooms.Designed for modern and multi-generational living, this home features a fully self-contained basement apartment with a separate entrance, custom kitchen, and private laundry. A dedicated nanny/in-law suite provides additional flexibility, complete with rough-ins for a third kitchen and laundry area.The stunning main floor is highlighted by soaring 17-foot coffered ceilings, a dramatic marble-surround fireplace, and expansive windows that flood the home with natural light. The chef-inspired kitchen overlooks the family room and features a 10-foot island with seating for four, premium stainless steel appliances, custom cabinetry, drawer organizers, and abundant storage.The main-floor primary retreat offers a cathedral ceiling, custom walk-in closet, luxurious 5-piece ensuite with heated floors, and direct access to the backyard. A private den with cathedral ceilings creates the perfect work-from-home space, while the mudroom features built-in storage and convenient main-floor laundry. Upstairs, you'll find a second primary bedroom with soaring ceilings, two additional spacious bedrooms, and a beautifully appointed main bathroom with heated floors, double sinks, and ample storage. Premium features include custom European windows and doors, electric blinds throughout, heated bathroom floors, irrigation and quality finishes throughout the home. Outside, the professionally landscaped backyard provides exceptional privacy and plenty of space for entertaining, family gatherings, or a future pool. A rare opportunity to own a truly unique home that perfectly blends luxury, comfort, and versatility in one of Kitchener's most sought-after neighbourhoods. "LUXURY CERTIFIED (id:63159)
Listing Information
- MLS®
- X13803108
- Data last synced
- September 27, 2026
RE/MAX ESCARPMENT - THE HOUSE WHISPERERS
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX ESCARPMENT - THE HOUSE WHISPERERS
MLS® Number: X13803108
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: 6 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: 20.0% ($379,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,519,920.00
Periodic payment — Principal & Interest (monthly)$9,806.01
Additional monthly expenses (condo fees, tax, utilities, etc.)$911.25
Total monthly cost$10,717.26
Interest paid over 5-yr term$435,613.44
Balance at end of term$1,367,172.96
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$379,980
Stress test qualifying rate8.19%
Payment you must qualify for$11,785.07
Cash Needed at Closing
Minimum down payment$379,980
Estimated Land Transfer Tax (LTT)$34,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$415,953
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.
