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Property Type: TownhouseOwnership: Condominium
525 ERINBROOK Drive Unit# B039
Kitchener, ON N2E0L4
MLS® 40763835
$490,900
2 bed3.5 bath1 parking1,368 sqft
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
RES-3
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $265/mo
Maintenance Fee Includes
Management
Also included: Common Area Maintenance, Landscaping, Insurance
Interior
- Basement
- None
- Heating
- Heat Pump, Forced air
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Third level | 10'1'' x 12'4'' |
| 4pc Bathroom | Third level | — |
| Laundry room | Third level | — |
| 3pc Bathroom | Third level | — |
| Primary Bedroom | Third level | 10'3'' x 12'4'' |
| Utility room | Second level | — |
| 2pc Bathroom | Second level | — |
| Kitchen | Second level | 10'10'' x 11'11'' |
| Living room | Second level | 13'4'' x 16'5'' |
| Dining room | Second level | 8'0'' x 10'0'' |
| Foyer | Main level | — |
Description
Property eligible for Ontario Enhanced HST Rebate for qualified purchasers. Welcome to the Aliya, a modern 1368 sq. ft. second and third floor unit in the Stacked Condo Townhomes at the Erinbrook Towns! This unit offers 2 bedrooms, 2.5 bathrooms, and a dedicated parking space. The second floor features an open-concept living room, a modern kitchen with a dinette, and a powder room. Enjoy the covered balcony for outdoor relaxation. The third floor features 9' ceilings and includes a spacious principal bedroom with a walk-in closet and ensuite, an additional bedroom, convenient laundry, and a main bathroom. Perfect for those who love a lock-and-go lifestyle — say goodbye to shoveling snow and mowing lawns, and spend more time doing what you enjoy most! Located close to shopping, restaurants, parks, and more, the Aliya combines comfort and convenience in an established, vibrant community. These ENERGY STAR certified homes also come with an appliance package and a Bell Internet Package included in your Condo Fees. Sales Centre is located at 49-525 Erinbrook Drive Kitchener and is open Monday-Wednesday from 4-7pm and Saturday and Sunday from 1-5pm, holidays excepted. Some images have been virtually staged. The builder is currently advertising an effective price after available HST rebates. Rebates are subject to purchaser eligibility, and assignment of rebates to the builder. (id:63161)
Listing Information
- MLS®
- 40763835
- Data last synced
- October 26, 2026
Royal Lepage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal Lepage Wolle Realty
MLS® Number: 40763835
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
$359/sqft
Building average
—
No other active listings in this building
333 - Laurentian Hills/Country Hills W average
$356/sqft
37 active listing(s)
Parking: 1 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: 5.0% ($24,545) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$392,720.00
Periodic payment — Principal & Interest (monthly)$2,533.70
Additional monthly expenses (condo fees, tax, utilities, etc.)$333.25
Total monthly cost$2,866.95
Interest paid over 5-yr term$112,554.68
Balance at end of term$353,252.91
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$24,545
Stress test qualifying rate8.19%
Payment you must qualify for$3,616.00
Cash Needed at Closing
Minimum down payment$24,545
Estimated Land Transfer Tax (LTT)$6,293
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,338
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.
