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Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED
86 LOWER CANADA Crescent
Kitchener, ON N2P1E8
MLS® 40870344
58
Walk Score
46
Transit
51
Bike
$599,900
3 bed2.5 bath7 parking1,041 sqft
58
Walk Score
46
Transit
51
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 65 feet
R2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,232.05
Interior
- Basement
- Partially finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 2pc Bathroom | Basement | — |
| Cold room | Basement | 4'4'' x 26'2'' |
| Recreation room | Basement | 13'6'' x 31'6'' |
| Office | Basement | 9'2'' x 10'11'' |
| Family room | Basement | 17'1'' x 12'5'' |
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 8'10'' x 9'6'' |
| Bedroom | Main level | 10'4'' x 8'11'' |
| Primary Bedroom | Main level | 10'4'' x 13'0'' |
| Dining room | Main level | 8'11'' x 9'6'' |
| Kitchen | Main level | 11'11'' x 12'5'' |
| Living room | Main level | 11'6'' x 17'11'' |
Description
Nestled on a quiet crescent in a mature, established neighbourhood, this charming three-bedroom bungalow offers a wonderful combination of comfort, functionality, and convenience. The inviting interior features a spacious formal living room and separate dining room, ideal for both everyday living and entertaining. A recently updated kitchen brings a fresh, modern touch to the home, while the carpet-free interior offers a clean, cohesive feel throughout. The partially finished lower level provides additional living space, complete with a cozy fireplace that creates a warm and welcoming atmosphere. With plenty of potential to further customize, this versatile area can easily accommodate a family room, recreation space, or hobby area. Step outside to enjoy the lovely private backyard, where a spacious patio provides the perfect setting for summer barbecues, outdoor dining, or simply relaxing in peaceful surroundings. An oversized shed offers excellent additional storage, while the single-car garage and generous driveway, with parking for up to six vehicles, provide exceptional practicality. Ideally situated close to shopping, public transit, parks, and everyday amenities, this home enjoys the charm of an established neighbourhood with the convenience of everything you need just minutes away. A wonderful opportunity to enjoy comfortable bungalow living in a peaceful, well-connected location. (id:63161)
Listing Information
- MLS®
- 40870344
- Data last synced
- October 27, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40870344
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
$576/sqft
Building average
—
No other active listings in this building
335 - Pioneer Park/Doon/Wyldwoods average
$387/sqft
75 active listing(s)
Parking: 7 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: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (condo fees, tax, utilities, etc.)$404.67
Total monthly cost$3,500.95
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$34,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,380.17
Cash Needed at Closing
Minimum down payment$34,990
Estimated Land Transfer Tax (LTT)$8,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,963
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.
