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Property Type: Detached HouseOwnership: Freehold
54 ROYAL ORCHARD Place
Kitchener, ON N2N1Z6
MLS® 40870411
$699,900
3 bed3.5 bath3 parking2,137 sqftBuilt 1982
Property Details
Property & Lot
- Sub-type
- House
- Style
- Contemporary
- Stories
- 1
- Frontage
- 40 feet
R2C
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,043
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 9'9'' x 17'9'' |
| Recreation room | Basement | 17'7'' x 26'7'' |
| 3pc Bathroom | Basement | 7'5'' x 7'8'' |
| Primary Bedroom | Second level | 10'7'' x 15'3'' |
| Bedroom | Second level | 9'1'' x 12'0'' |
| Bedroom | Second level | 9'0'' x 10'1'' |
| 4pc Bathroom | Second level | 13'2'' x 5'11'' |
| Living room | Main level | 10'6'' x 20'1'' |
| Kitchen | Main level | 10'2'' x 18'8'' |
| Dining room | Main level | 9'0'' x 9'4'' |
| 2pc Bathroom | Main level | 4'6'' x 4'11'' |
Description
Welcome home to this beautifully updated 3-bedroom, 3-bathroom detached home on a quiet cul-de- sac in family-friendly Forest Heights! Featuring a bright, welcoming interior with neutral finishes and extensive updates throughout. The spacious eat-in kitchen offers plenty of room for family living and entertaining, with a walkout to the fully fenced backyard complete with an above-ground pool—perfect for summer fun and BBQs. Enjoy the incredible bonus of a newly enhanced park directly behind the property, featuring newly paved trails, natural play and nature exploration areas, quiet seating spaces, expanded pollinator gardens and 700 newly planted trees, along with a major stormwater management improvement. Upstairs offers three comfortable bedrooms, including a spacious primary with cheater ensuite access. The fully finished basement adds valuable living space with a full bathroom—perfect for a family room, office, gym or playroom. Ideally located close to schools, parks, trails, shopping, Forest Heights Community Centre, pool and library. Move-in ready with an impressive list of updates including Furnace- 2025, A/C-2025, Sump Pump-2025, Painted-2026, floors refinished-2025, windows-2015, Kitchen -2025, Pool-2019, Carpet - 2026, Bathroom upstairs- 2026, bathroom basement -2026, Basement-2025, Duct Cleaning-2026 and Dishwasher-2024 (id:63161)
Listing Information
- MLS®
- 40870411
- Data last synced
- October 28, 2026
Re/Max Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Twin City Realty Inc.
MLS® Number: 40870411
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
$328/sqft
Building average
—
No other active listings in this building
337 - Forest Heights average
$362/sqft
25 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% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$443.92
Total monthly cost$4,056.33
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$44,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,078.00
Cash Needed at Closing
Minimum down payment$44,990
Estimated Land Transfer Tax (LTT)$10,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,963
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.
