Property Type: Detached HouseOwnership: Freehold

122 IRON GATE Street

Kitchener, BC N2N3R4

$829,999

4 bed4.5 bath3 parking2,000 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
House
Stories
2
Frontage
31 feet

RUEC

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,441

Interior

Basement
Partially finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Water softener, Central Vacuum, Gas stove(s), Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Garage door opener, Microwave Built-in

Exterior & Lot

Exterior features
Brick, Vinyl siding
Lot features
Country residential, Automatic Garage Door Opener

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
3pc BathroomThird level5'8'' x 10'2''
3pc BathroomThird level5'2'' x 9'3''
BedroomThird level11'8'' x 14'0''
BedroomThird level9'8'' x 9'8''
BedroomThird level9'8'' x 9'8''
3pc Ensuite bathSecond level5'8'' x 11'8''
Primary BedroomSecond level16'3'' x 17'3''
Living roomMain level11'8'' x 12'5''
Dining roomMain level8'8'' x 12'5''
KitchenMain level11'2'' x 20'8''
Laundry roomMain level5'' x 7'2''
2pc BathroomMain level5'8'' x 5'8''
FoyerMain level8'8'' x 22'7''

Listing Information

MLS®
40854841
Listed
August 11, 2026
Time on market
On the market for 35 days
Data last synced
September 15, 2026

Listing provided by: Royal LePage Wolle Realty · Data source: CREA DDF.

Description

Welcome Home to this beautifully updated 4 bedrooms family home located in the desirable Ira Needles neighbourhood. Thoughtfully upgradedwith modern finishes throughout, this move-in-ready home offers the perfect blend of style, comfort, and functionality. The bright, open concept9ft ceiling main floor features spacious living space with updated flooring and staircase throughout the home, and a contemporary expansivegourmet kitchen complete with quality cabinetry, sleek countertops, and build in stainless steel appliances, ideal for both everyday living andentertaining. The inviting living and dining areas provide ample space for family gatherings, while large windows fill the home with bright naturallight or added privacy with the build in California shutters. Upstairs, you'll find four generously sized bedrooms, two of which includes updatedensuite bathrooms designed for comfort and relaxation. Updated 3rd bathrooms and tasteful finishes throughout add to the home's modernappeal. Step outside to a private fully fenced backyard with a composite deck perfect for summer barbecues, children to play, or simplyunwinding after a long day. Conveniently located just minutes from top-rated schools, parks, walking trails, shopping, restaurants, Costco, TheBoardwalk, public transit, and quick access to Highway 7/8, this exceptional home offers everything today's families are looking for. Don't missthis opportunity to own a beautifully upgraded home in one of Waterloo's most desirable family-friendly communities. Book your viewing today! (id:63159)

Values & Trends

This listing

$415/sqft

Building average

No other active listings in this building

439 - Westvale average

$408/sqft

15 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

Cloudy

11°C

Cloudy

Humidity 92%

Wind ENE calm km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

25°

Thursday night

13°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($58,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$663,999.00
Periodic payment — Principal & Interest (monthly)$4,283.90
Additional monthly expenses (strata, tax, utilities, etc.)$553.42
Total monthly cost$4,837.31
Interest paid over 5-yr term$190,304.02
Balance at end of term$597,269.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$58,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,936.40

Cash Needed at Closing

Minimum down payment$58,000
Estimated BC PTT$14,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$74,100

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. Verify all figures with a mortgage broker and lawyer before relying on them.

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