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Property Type: Detached HouseOwnership: Freehold
59 NETHERWOOD Road
Kitchener, ON N2P0E4
MLS® 40852487
$1,024,900
5 bed4.5 bath4 parking3,516 sqftBuilt 2016
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Frontage
- 32 feet
R-4
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,272
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 7'4'' x 16'9'' |
| Foyer | Main level | 13'0'' x 8'0'' |
| Laundry room | Main level | 7'4'' x 7'10'' |
| 2pc Bathroom | Main level | — |
| 3pc Bathroom | Basement | — |
| Bedroom | Basement | 11'0'' x 12'2'' |
| Recreation room | Basement | 14'1'' x 29'1'' |
| Primary Bedroom | Second level | 14'9'' x 22'2'' |
| Bedroom | Second level | 8'8'' x 11'8'' |
| Bedroom | Second level | 9'11'' x 12'1'' |
| Bedroom | Second level | 11'1'' x 11'10'' |
| 4pc Bathroom | Second level | — |
| 4pc Bathroom | Second level | — |
| Family room |
Description
Welcome to 59 Netherwood Road—an exceptional, impeccably upgraded two-storey residence with a distinctive stucco and rustic facade situated in one of Kitchener’s most coveted neighbourhoods. Boasting approximately 3,516 sq. ft. of refined living space, this elegant home offers 5 bedrooms and 4 bathrooms, thoughtfully designed for those who appreciate both luxury and functionality. From the moment you enter, you’re greeted by a European inspired entryway, rich hardwood flooring, luxury tile and soaring 11-foot vaulted ceilings in the family room, complete with integrated audio for an elevated living experience. The heart of the home is a stunning open-concept chef’s kitchen featuring quartz countertops, a full slab backsplash, premium stainless steel appliances, a spacious pantry, and a striking accent wall. The adjoining dining area is enhanced by sophisticated coffered ceilings, creating an ideal setting for both intimate dinners and grand entertaining. The professionally finished lower level extends the home’s living space with a generous recreation room, an additional bedroom and a beautifully appointed 3-piece bath. Oversized windows invite natural light, adding warmth and comfort throughout. Set on a rare, oversized pie-shaped lot with no rear neighbors, the backyard offers a private, tranquil retreat. An expansive raised deck provides the perfect backdrop for outdoor gatherings and relaxation. Additional features include a double-car garage with ample driveway parking, a 200-amp electrical panel and a curated selection of premium upgrades: heavy duty garage door spring (2024), California shutters, pot lighting, security system, humidifier, HRV system and more. Ideally located just minutes from top-rated schools, scenic parks and trails, shopping, dining, golf courses, Conestoga College and Highway 401 for commuters, this residence delivers an unparalleled lifestyle of comfort, convenience and sophistication. (id:63159)
Listing Information
- MLS®
- 40852487
- Data last synced
- September 26, 2026
Re/Max Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Twin City Realty Inc.
MLS® Number: 40852487
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
$291/sqft
Building average
—
No other active listings in this building
335 - Pioneer Park/Doon/Wyldwoods average
$391/sqft
75 active listing(s)
Parking: 4 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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
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: 7.6% ($77,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$819,920.00
Periodic payment — Principal & Interest (monthly)$5,289.85
Additional monthly expenses (condo fees, tax, utilities, etc.)$782.00
Total monthly cost$6,071.85
Interest paid over 5-yr term$234,991.43
Balance at end of term$737,520.69
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$77,490
Stress test qualifying rate8.19%
Payment you must qualify for$7,345.97
Cash Needed at Closing
Minimum down payment$77,490
Estimated Land Transfer Tax (LTT)$16,973
Legal / closing costs (typical estimate)$1,500
Total cash needed$95,963
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.
