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Property Type: TownhouseOwnership: Condominium
525 ERINBROOK Drive Unit# C052
Kitchener, ON N2E3T1
MLS® 40835062
$455,900
2 bed2.5 bath1 parking1,222 sqft
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 1
RES-3
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $246/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 | Lower level | — |
| Laundry room | Lower level | — |
| Bedroom | Lower level | 11'4'' x 11'3'' |
| 5pc Bathroom | Lower level | — |
| Primary Bedroom | Lower level | 11'4'' x 11'3'' |
| 2pc Bathroom | Main level | — |
| Kitchen/Dining room | Main level | 10'4'' x 15'6'' |
| Living room | Main level | 12'3'' x 12'2'' |
| Foyer | Main level | — |
Description
Now Registered - no occupancy fees. Welcome to modern, maintenance-free living at the Erinbrook Towns! Perfect for first-time buyers, downsizers, or investors, this brand-new Bobby floorplan by award-winning Activa offers a premium lock-and-go lifestyle. The main ground floor level features a bright, carpet-free open concept layout with durable laminate flooring. The chef-inspired kitchen boasts modern dark cabinetry, quartz countertops, a large center island with a breakfast bar, a subway tile backsplash, and stainless steel appliances. The kitchen flows seamlessly into a spacious, light-filled great room with large sliding doors that lead out to a private covered balcony. A convenient powder room completes the main level. The fully finished garden level features large windows that allow natural light to pour in, offering two generous bedrooms and a shared luxury bathroom complete with a double-sink vanity and quartz counters. This level also provides a dedicated laundry closet, under-stairs storage, and a utility room. Built as an ENERGY STAR certified home, this high-efficiency unit keeps utility costs low. Incredibly convenient location just off Westmount & Fischer-Hallman Road, minutes to Highway 7/8, transit, shopping, parks, and schools. Move right in and enjoy the peace of mind of a brand-new build! 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 rebates to the builder. (id:63161)
Listing Information
- MLS®
- 40835062
- Data last synced
- October 26, 2026
Royal Lepage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal Lepage Wolle Realty
MLS® Number: 40835062
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
$373/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% ($22,795) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$364,720.00
Periodic payment — Principal & Interest (monthly)$2,353.05
Additional monthly expenses (condo fees, tax, utilities, etc.)$307.12
Total monthly cost$2,660.17
Interest paid over 5-yr term$104,529.80
Balance at end of term$328,066.82
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$22,795
Stress test qualifying rate8.19%
Payment you must qualify for$3,358.18
Cash Needed at Closing
Minimum down payment$22,795
Estimated Land Transfer Tax (LTT)$5,593
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,888
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.
