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Property Type: Detached HouseOwnership: Freehold
71 IAN ORMSTON Drive
Kitchener, ON N2P2J6
MLS® 40847302
$1,429,900
4 bed4.5 bath4 parking2,796 sqft
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Frontage
- 81 feet
R-4
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,534
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Second level | 14'0'' x 9'2'' |
| 4pc Bathroom | Second level | 6'8'' x 10'8'' |
| Bedroom | Second level | 17'6'' x 14'4'' |
| Bedroom | Second level | 19'8'' x 14'0'' |
| 4pc Bathroom | Second level | 14'4'' x 7'8'' |
| Bedroom | Second level | 14'2'' x 17'0'' |
| 5pc Ensuite bath | Second level | 17'6'' x 12'3'' |
| Primary Bedroom | Second level | 20'6'' x 16'6'' |
| 2pc Bathroom | Main level | — |
| Great room | Main level | 14'6'' x 16'1'' |
| Dining room | Main level | 13'8'' x 16'1'' |
| Eat in kitchen | Main level | 13'6'' x 20'8'' |
Description
Welcome to this stunning Activa-built 4-bedroom home with a walk-out basement in the highly sought-after Doon community. Backing onto a peaceful greenbelt and situated on a large reverse pie-shaped lot, this exceptional property offers privacy, beautiful views, and an outstanding setting for family living. Designed for entertaining, the heart of the home is the spectacular custom kitchen featuring an oversized quartz island with built-in cooktop, built-in wall ovens, two sinks, abundant custom cabinetry, and extensive counter space. The open-concept main floor seamlessly connects the kitchen to the spacious living and formal dining areas. Hardwood flooring extends throughout the main level, while sliding patio doors lead to a custom engineered wood deck overlooking the tranquil greenbelt. A welcoming front entrance has an oversized door and generous closet. The second level offers four spacious bedrooms, including a luxurious primary retreat with a large walk-in closet and spa-inspired 5-piece ensuite featuring double quartz vanities, a glass and tile shower, and a standalone soaker tub overlooking the greenbelt. A second oversized bedroom includes its own private 4-piece ensuite with quartz countertops and a walk-in closet, ideal for guests or multi-generational living. Two additional generous bedrooms, another full 4-piece bathroom, and a convenient second-floor laundry room complete this level. The bright walk-out basement is filled with natural light from three oversized windows and includes a 3-piece bathroom rough-in. Its functional layout is ideal for a future two-bedroom in-law suite, recreation room, or additional living space. Perfectly located for families, this home is just a two-minute walk to a nearby school and close to parks, trails, shopping, and all the amenities that make Doon one of Kitchener's most desirable neighbourhoods. This exceptional home offers luxury finishes, thoughtful design, and a premium greenbelt location. (id:63159)
Listing Information
- MLS®
- 40847302
- Data last synced
- September 15, 2026
THE REALTY DEN
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: THE REALTY DEN
MLS® Number: 40847302
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
$511/sqft
Building average
—
No other active listings in this building
335 - Pioneer Park/Doon/Wyldwoods average
$388/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: 8.3% ($117,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,143,920.00
Periodic payment — Principal & Interest (monthly)$7,380.18
Additional monthly expenses (condo fees, tax, utilities, etc.)$851.17
Total monthly cost$8,231.35
Interest paid over 5-yr term$327,850.76
Balance at end of term$1,028,959.74
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$117,990
Stress test qualifying rate8.19%
Payment you must qualify for$10,172.21
Cash Needed at Closing
Minimum down payment$117,990
Estimated Land Transfer Tax (LTT)$25,073
Legal / closing costs (typical estimate)$1,500
Total cash needed$144,563
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.
