Property Type: Detached HouseOwnership: Freehold

124 PROSPERITY Drive

Kitchener, BC N2E4E8

$734,800

3 bed3 full, 2 half bath3 parking1,793 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
House
Style
Contemporary
Stories
2
Frontage
46 feet

R4

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,097

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Water softener, Stove, Dryer, Microwave

Exterior & Lot

Exterior features
Brick, Vinyl siding
Pool
On Ground Pool
Lot features
Automatic Garage Door Opener

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement10'4'' x 10'5''
2pc BathroomBasement
OtherBasement5'4'' x 3'11''
Recreation roomBasement10'3'' x 19'3''
3pc BathroomSecond level
BedroomSecond level10'7'' x 8'11''
BedroomSecond level10'6'' x 11'4''
Primary BedroomSecond level13'7'' x 15'1''
2pc BathroomMain level5'1'' x 5'4''
Dining roomMain level10'4'' x 8'4''
Living roomMain level10'5'' x 12'4''
KitchenMain level10'5'' x 10'11''

Listing Information

MLS®
40857239
Listed
August 20, 2026
Time on market
On the market for 25 days
Data last synced
September 15, 2026

Listing provided by: Re/Max Icon Realty · Data source: CREA DDF.

Description

There’s a lot to love about 124 Prosperity Drive! This inviting 3-bedroom, 3-bathroom home offers comfortable living space inside and out, with thoughtful updates and features that make everyday life easy. The main floor is bright and welcoming, featuring hardwood flooring, a spacious living and dining area, and a well-designed kitchen with plenty of cabinetry, counter space and updated lighting. Upstairs, the generous primary bedroom includes a walk-in closet, complemented by two additional bedrooms and an updated full bathroom. The finished basement provides valuable extra living space—ideal for movie nights, a playroom, home office or workout area. Outside is where this home really stands out. Step onto the elevated deck overlooking a fully fenced, low-maintenance backyard designed for relaxing and entertaining. Enjoy the four-season swim spa, pergola with pull- close sunshades, garden area, fountain, rain barrels and an impressive large storage shed. A cement double driveway, attached garage and energy-efficient solar panels add even more practicality. Notable updates include the roof (2019) and windows (2020 & 2022), along with reverse osmosis and under-cabinet kitchen lighting. Conveniently located close to schools, parks, shopping, restaurants and highway access, 124 Prosperity Drive offers space, comfort and outdoor living all in one. Come take a look and see how much this home has to offer. (id:63159)

Values & Trends

This listing

$410/sqft

Building average

No other active listings in this building

333 - Laurentian Hills/Country Hills W average

$386/sqft

32 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: 6.6% ($48,480) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$587,840.00
Periodic payment — Principal & Interest (monthly)$3,792.54
Additional monthly expenses (strata, tax, utilities, etc.)$431.42
Total monthly cost$4,223.96
Interest paid over 5-yr term$168,476.63
Balance at end of term$528,763.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,480
Stress test qualifying rate8.09%
Payment you must qualify for$5,277.56

Cash Needed at Closing

Minimum down payment$48,480
Estimated BC PTT$12,696
Legal / closing costs (typical estimate)$1,500
Total cash needed$62,676

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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