Property Type: Detached HouseOwnership: Freehold

124 CARWOOD Avenue

Kitchener, BC N2G3B9

$699,900

3 bed3 full, 2 half bath3 parking2,608 sqftBuilt 1964
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Property Details

Property & Lot

Sub-type
House
Style
Raised bungalow
Stories
1.5
Frontage
50 feet

R2A

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,721

Interior

Basement
Finished, Full
Heating
Oil
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Wood, Other - See remarks
Appliances
Refrigerator, Stove

Exterior & Lot

Exterior features
Brick
Lot features
Southern exposure, Backs on greenbelt

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
StorageBasement5'8'' x 5'9''
StorageBasement19'1'' x 23'4''
Recreation roomBasement25'6'' x 28'10''
2pc BathroomBasement
Primary BedroomMain level11'6'' x 13'3''
Living roomMain level16'1'' x 20'11''
KitchenMain level8'11'' x 14'9''
Dining roomMain level10'0'' x 8'2''
BedroomMain level8'11'' x 11'2''
BedroomMain level11'6'' x 9'9''
4pc BathroomMain level
2pc BathroomMain level

Listing Information

MLS®
40850616
Listed
August 4, 2026
Time on market
On the market for 41 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX TWIN CITY REALTY INC. · Data source: CREA DDF.

Description

Welcome to 124 Carwood Avenue! Nestled in a convenient Kitchener neighbourhood just minutes from the expressway, downtown, shopping, parks, and everyday amenities, this home offers a rare opportunity to back directly onto the beautiful Rockway Golf Course. Imagine enjoying your morning coffee on the back deck while watching golfers tee off and taking in the peaceful views. Inside, you'll find 3 bedrooms and 3 bathrooms, with plenty of opportunity to update and make it your own. The separate entrance to the basement opens the door to additional possibilities, including a potential in-law suite or multi-generational living arrangement. Whether you're looking for a home to personalize, an investment opportunity, or a property in a sought-after location with an exceptional backyard setting, 124 Carwood Avenue is full of potential. (id:63159)

Values & Trends

This listing

$268/sqft

Building average

No other active listings in this building

311 - Downtown/Rockway/S. Ward average

$409/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

16°C

Cloudy

Humidity 80%

Wind SE 13 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

24°

Thursday night

11°

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: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$523.42
Total monthly cost$4,135.83
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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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