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Property Type: Detached HouseOwnership: Freehold
79 GAY Crescent
Kitchener, ON N2A2C2
MLS® 40853132
$674,900
3 bed2.5 bath2 parking1,750 sqftBuilt 1968
Property Details
Property & Lot
- Sub-type
- House
- Style
- Raised bungalow
- Stories
- 1
- Frontage
- 66 feet
R2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,611.88
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 5pc Bathroom | Main level | — |
| Laundry room | Basement | 13'3'' x 15'10'' |
| Recreation room | Basement | 26'11'' x 12'3'' |
| Bedroom | Main level | 8'10'' x 11'0'' |
| Bedroom | Main level | 9'7'' x 13'8'' |
| Primary Bedroom | Main level | 10'0'' x 13'9'' |
| Dining room | Main level | 10'4'' x 9'2'' |
| Living room | Main level | 17'0'' x 12'4'' |
| Kitchen | Main level | 9'10'' x 13'2'' |
| 2pc Bathroom | Basement | — |
| Living room | Main level | 12'6'' x 17'1'' |
Description
Welcome to 79 Gay Crescent. This 3 bedroom, 2 bathroom raised bungalow has a lot to offer in a quiet mature Stanley Park neighborhood. This home features a fully finished lower level with a separate entrance, 2 piece bathroom, an oversized laundry room great for storage plus an additional shower, a home office/den area with huge windows and a cozy fireplace. Main floor offers 3 good sized bedrooms all with natural hardwood flooring, an updated main bath with double sinks, bright eat in kitchen, dining room and large living room perfect for entertaining or simply relaxing. Large fenced private back yard with a deck, shed and room for gardening. Close to shopping, schools and parks. Available for a quick closing this home shows very clean and inviting for a growing family or for the empty nesters looking to downsize. (id:63159)
Listing Information
- MLS®
- 40853132
- Data last synced
- October 19, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40853132
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
$386/sqft
Building average
—
No other active listings in this building
226 - Stanley Park/Centreville average
$367/sqft
21 active listing(s)
Parking: 2 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% ($42,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$539,920.00
Periodic payment — Principal & Interest (monthly)$3,483.38
Additional monthly expenses (condo fees, tax, utilities, etc.)$472.32
Total monthly cost$3,955.70
Interest paid over 5-yr term$154,742.62
Balance at end of term$485,659.79
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$42,490
Stress test qualifying rate8.19%
Payment you must qualify for$4,903.54
Cash Needed at Closing
Minimum down payment$42,490
Estimated Land Transfer Tax (LTT)$9,973
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,963
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.
