Property Type: Detached HouseOwnership: Freehold

138 GLASGOW Street

Kitchener, BC N2G2G9

$499,000

3 bed2 bath3 parking1,350 sqftBuilt 1925
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Property Details

Property & Lot

Sub-type
House
Stories
2
Frontage
40 feet

R2B

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,921

Interior

Basement
Unfinished, Partial
Heating
Natural gas
Cooling / A/C
None
Fireplace
None
Appliances
Washer, Refrigerator, Water meter, Water softener, Dishwasher, Stove, Dryer

Exterior & Lot

Exterior features
Brick, Vinyl siding
Lot features
Paved driveway

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
3 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
3pc BathroomSecond level
3pc BathroomMain level
BedroomSecond level8'0'' x 8'11''
BedroomSecond level8'11'' x 10'0''
BedroomSecond level8'11'' x 10'0''
Bonus RoomMain level4'11'' x 16'11''
Dining roomMain level10'0'' x 10'11''
Living roomMain level10'0'' x 10'0''

Listing Information

MLS®
40843587
Listed
June 28, 2026
Time on market
On the market for 78 days
Data last synced
September 15, 2026

Listing provided by: HOMELIFE LANDMARK REALTY INC · Data source: CREA DDF.

Description

Welcome to 138 Glasgow St, Kitchener, a fully renovated 1,350 sq ft home sitting on a rare 40 x 120 ft lot – deep enough for future laneway house potential . The side door entrance allows for a separate basement access, creating an excellent opportunity to add rental income through a basement unit. Located just steps from Belmont Village, you'll enjoy local favourites like The Bauer Kitchen, Café Pyrus Outpost, Sobeys, and William's, and you're only minutes to Victoria Park, Westmount Golf & Country Club, and the Iron Horse Trail for walking and biking. Westmount Public School is within walking distance, and the Google Waterloo office is a quick commute away – making this an ideal investment property for cash flow, future development, or both. (id:63159)

Values & Trends

This listing

$370/sqft

Building average

No other active listings in this building

415 - Uptown Waterloo/Westmount average

$533/sqft

20 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: Guelph

13°C

Humidity 88%

Wind SE 2 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: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$394.75
Total monthly cost$2,970.25
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

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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