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Property Type: Detached HouseOwnership: Freehold
56 SUFFOLK AVENUE
Kitchener, ON N2B1H5
MLS® X13833728
$675,000
3 bed2 bath5 parking
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 61.6 x 135.3 FT
- Frontage
- 61.7 feet
R2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,569.49 (2026)
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Bathroom | Lower level | — |
| Laundry room | Lower level | — |
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | — |
| Kitchen | Lower level | — |
| Dining room | Lower level | — |
| Family room | Lower level | — |
Description
Beautifully updated, incredibly versatile and surrounded by gardens that would take a lifetime to recreate, 56 Suffolk Avenue offers something truly special in Kitchener's established Rosemount neighbourhood. Set on an impressive 61 x 135 ft lot, this move-in-ready bungalow is equally suited to everyday family living, multigenerational needs or those who love to entertain. From the moment you arrive, the curb appeal stands out. Mature flower beds, a redesigned front porch, updated concrete walkway and spacious interlock driveway create a welcoming first impression and set the tone for the care that has gone into this home over the years. Inside, the carpet-free main floor features bright living spaces, an updated kitchen and three well-sized bedrooms. Downstairs, the layout offers exceptional flexibility with a large second kitchen, generous dining area and spacious recreation room. It is an ideal setup for extended family or in-law living, while also creating an incredible space for hosting holidays, family dinners and larger gatherings with ease. Outside is where this property truly becomes unforgettable. The backyard is filled with mature greenery, established grapevines and beautifully cultivated flower beds, creating a private oasis that feels lush, peaceful and full of character. Whether you love gardening, entertaining outdoors or simply enjoying a quiet backyard retreat, this is a space that has been lovingly established and is ready to be enjoyed. A detached garage adds additional room for storage, hobbies and projects, while the oversized lot provides the kind of space that is increasingly difficult to find. Significant updates include the redesigned front porch (2011), furnace and A/C (2015), kitchen (2016), Bavarian windows (2016), roof (2018), concrete walkway (2024). Thoughtfully modernized, beautifully maintained and designed with both connection and flexibility in mind, 56 Suffolk Avenue is ready for its next chapter. (id:63161)
Listing Information
- MLS®
- X13833728
- Tax assessment year
- 2026
- Data last synced
- October 24, 2026
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
MLS® Number: X13833728
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: 5 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: 6.3% ($42,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$540,000.00
Periodic payment — Principal & Interest (monthly)$3,483.90
Additional monthly expenses (condo fees, tax, utilities, etc.)$380.79
Total monthly cost$3,864.69
Interest paid over 5-yr term$154,765.55
Balance at end of term$485,731.75
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$42,500
Stress test qualifying rate8.19%
Payment you must qualify for$4,904.24
Cash Needed at Closing
Minimum down payment$42,500
Estimated Land Transfer Tax (LTT)$9,975
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,975
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.
