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Property Type: Detached HouseOwnership: Freehold
8 BONNYLYN Drive
Kitchener, ON N2M1S6
MLS® 40869778
$679,999
4 bed2 bath6 parking1,300 sqftBuilt 1988
Property Details
Property & Lot
- Sub-type
- House
- Style
- Raised bungalow
- Stories
- 1
- Frontage
- 50 feet
R2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,948.68
Interior
- Basement
- Finished, Full
- Heating
- Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | 6'4'' x 9'2'' |
| Bedroom | Lower level | 14'8'' x 11'9'' |
| Recreation room | Lower level | 14'7'' x 21'0'' |
| Storage | Basement | — |
| Laundry room | Lower level | — |
| Living room | Main level | 18'4'' x 12'4'' |
| Dining room | Main level | 11'2'' x 10'2'' |
| Kitchen | Main level | 11'3'' x 8'9'' |
| Bedroom | Main level | 11'11'' x 9'3'' |
| Breakfast | Main level | 7'4'' x 13'7'' |
| Bedroom | Main level | 11'11'' x 11'11'' |
| 4pc Bathroom | Main level | 7'2'' x 3'' |
| Primary Bedroom | Main level | 14'0'' x 15'7'' |
Description
Bring your vision and discover the possibilities! Located in a great neighbourhood, this raised bungalow offers an exciting opportunity for buyers ready to take on a substantial renovation and create a home that reflects their own style and needs. The multi-level layout offers potential for an in-law suite or rental space, subject to applicable approvals and renovation requirements. Whether you’re looking to accommodate extended family, explore future rental income or transform the property into your own family home, there’s plenty to imagine here. (id:63159)
Listing Information
- MLS®
- 40869778
- Data last synced
- October 19, 2026
Re/Max Icon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Icon Realty
MLS® Number: 40869778
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
$523/sqft
Building average
—
No other active listings in this building
323 - Victoria Hills average
$426/sqft
13 active listing(s)
Parking: 6 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% ($43,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$543,999.00
Periodic payment — Principal & Interest (monthly)$3,509.70
Additional monthly expenses (condo fees, tax, utilities, etc.)$477.39
Total monthly cost$3,987.09
Interest paid over 5-yr term$155,911.68
Balance at end of term$489,328.86
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$43,000
Stress test qualifying rate8.19%
Payment you must qualify for$4,939.13
Cash Needed at Closing
Minimum down payment$43,000
Estimated Land Transfer Tax (LTT)$10,075
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,575
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.
