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Property Type: Detached HouseOwnership: Freehold
79 HOFFMAN Street
Kitchener, ON N2M3M8
MLS® 40871452
$549,900
2 bed1 bath3 parking1,232 sqftBuilt 1958
Open House
Sunday, November 1
2:00 PM – 4:00 PM
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 43 feet
R2B
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,500.94
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Main level | 9'7'' x 5'1'' |
| Office | Basement | 12'2'' x 7'11'' |
| Recreation room | Basement | 11'9'' x 27'3'' |
| 4pc Bathroom | Main level | 7'10'' x 6'7'' |
| Primary Bedroom | Main level | 13'7'' x 12'2'' |
| Bedroom | Main level | 10'6'' x 11'3'' |
| Kitchen | Main level | 10'4'' x 13'0'' |
| Living room | Main level | 14'1'' x 11'10'' |
Description
Welcome to 79 Hoffman Street! This updated bungalow offers comfortable living, thoughtful improvements, and a fantastic location in an established Kitchener neighbourhood. The bright, inviting main floor features a more open layout with updated ceilings, pot lights, fresh paint, modern trim, and attractive laminate flooring throughout. Completely carpet-free on the main level, the home offers two bedrooms with updated lighting and finishes. The kitchen features updated cabinetry, countertops, tile backsplash, and stainless steel appliances, including a built-in microwave and dishwasher. All windows have been replaced with vinyl units, and a new front door adds to the home's appeal. Downstairs, you'll find a finished recreation room offering plenty of space for entertaining, relaxing, or working from home, plus an additional room ideal for guests or a home office. A separate side entrance provides potential for an in-law suite or future accessory apartment, subject to municipal approvals. Outside, enjoy a covered patio accessed through updated sliding doors, and a large storage shed (new in 2026!). Additional updates include central air conditioning (2020), furnace (2019), roof (2015), newer washer and dryer (2026), and 100-amp electrical service with copper wiring. Location is another highlight! Enjoy convenient access to the Mill ION LRT station, GRT bus routes, nearby parks, schools, shopping, and Highway 7/8 for easy commuting throughout the region. Whether you're a first-time buyer, downsizer, or investor, this well-maintained bungalow offers a great combination of updates, versatility, and convenience! (id:63161)
Listing Information
- MLS®
- 40871452
- Data last synced
- October 28, 2026
Mcintyre Real Estate Services Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Mcintyre Real Estate Services Inc.
MLS® Number: 40871452
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
$446/sqft
Building average
—
No other active listings in this building
311 - Downtown/Rockway/S. Ward average
$392/sqft
20 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: 5.5% ($29,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$439,920.00
Periodic payment — Principal & Interest (monthly)$2,838.21
Additional monthly expenses (condo fees, tax, utilities, etc.)$353.75
Total monthly cost$3,191.96
Interest paid over 5-yr term$126,082.34
Balance at end of term$395,709.46
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$29,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,031.25
Cash Needed at Closing
Minimum down payment$29,990
Estimated Land Transfer Tax (LTT)$7,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,963
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.
