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Property Type: TownhouseOwnership: Condominium
525 ERINBROOK Drive Unit# B047
Kitchener, ON N2E0L4
MLS® 40856706
$507,900
3 bed2.5 bath1 parking1,430 sqft
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 3
RES-3
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $279/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 |
|---|---|---|
| Utility room | Second level | — |
| Foyer | Main level | — |
| Laundry room | Third level | — |
| 4pc Bathroom | Third level | — |
| Bedroom | Third level | 9'2'' x 10'1'' |
| Bedroom | Third level | 9'2'' x 10'3'' |
| Primary Bedroom | Third level | 10'3'' x 11'10'' |
| Kitchen | Second level | 9'10'' x 11'11'' |
| 2pc Bathroom | Second level | — |
| Dinette | Second level | 8'0'' x 9'10'' |
| Living room | Second level | 13'4'' x 16'5'' |
Description
BRAND NEW & MOVE-IN READY! Welcome to the Renee model at The Erinbrook Towns, built by Activa — a bright and beautifully finished 3-bedroom corner-unit stacked townhome offering 1,430 sq. ft. of modern, low-maintenance living. With a fresh, light colour palette and expansive windows that bring an abundance of natural light into the home, the entire space feels bright, airy and inviting. A thoughtfully designed layout offers the style of a new build with the space and functionality to suit families, couples and professionals alike. The contemporary kitchen features crisp white cabinetry, quartz countertops, a large island with breakfast bar and a full stainless steel kitchen appliance package, plus a stackable washer and dryer. The open-concept main level flows naturally between the kitchen, dining and living areas, with plenty of space for a dining table and a spacious living room — a comfortable place to unwind at the end of the day. Sliding glass doors lead to a private covered balcony, creating an inviting extension of the living space for relaxing outdoors. Upstairs, 9' ceilings continue the bright and airy feel, with a spacious primary bedroom, two additional bedrooms, a 5-piece main bath and convenient upper-level laundry. Enjoy all the benefits of a brand-new, ENERGY STAR® certified home combined with the convenience of an established, fully developed neighbourhood — no waiting for the community around you to take shape. Ideally located just off Westmount Rd and Fischer-Hallman Rd, you're surrounded by everyday amenities, including shopping, restaurants, grocery stores, schools, parks, transit and services, with quick access to Hwy 7/8. Bell Internet is included in the monthly condo fees, and one dedicated parking space is included. Several 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 applicable rebates to the builder. (id:63161)
Listing Information
- MLS®
- 40856706
- Data last synced
- October 26, 2026
Royal Lepage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal Lepage Wolle Realty
MLS® Number: 40856706
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
$355/sqft
Building average
—
No other active listings in this building
333 - Laurentian Hills/Country Hills W average
$357/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: 5.1% ($25,790) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$406,320.00
Periodic payment — Principal & Interest (monthly)$2,621.44
Additional monthly expenses (condo fees, tax, utilities, etc.)$350.73
Total monthly cost$2,972.17
Interest paid over 5-yr term$116,452.48
Balance at end of term$365,486.15
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$25,790
Stress test qualifying rate8.19%
Payment you must qualify for$3,738.16
Cash Needed at Closing
Minimum down payment$25,790
Estimated Land Transfer Tax (LTT)$6,633
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,923
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.
