Property Type: Detached HouseOwnership: Freehold

147 COURTLAND Avenue E

Kitchener, BC N2G2T9

$649,900

4 bed2 bath5 parking1,890 sqftBuilt 1928
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Property Details

Property & Lot

Sub-type
House
Style
Other
Stories
2
Frontage
35 feet

R3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,107.25

Interior

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

Exterior & Lot

Exterior features
Brick Veneer
Lot features
Corner Site, Sump Pump

Building

Water source
Municipal water
Sewer
Municipal sewage system
Security
Smoke Detectors

Parking

Total spaces
5 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
3pc BathroomLower level
BedroomLower level5'0'' x 10'8''
Living roomLower level7'10'' x 15'11''
4pc BathroomSecond level
BedroomSecond level8'3'' x 8'11''
Primary BedroomSecond level9'9'' x 13'0''
BedroomSecond level10'11'' x 11'4''
Laundry roomMain level7'3'' x 7'3''
KitchenMain level9'4'' x 10'11''
Dining roomMain level11'5'' x 9'4''
Living roomMain level11'5'' x 13'11''

Listing Information

MLS®
40857747
Listed
August 23, 2026
Time on market
On the market for 23 days
Data last synced
September 15, 2026

Listing provided by: eXp Realty, Brokerage · Data source: CREA DDF.

Description

Exceptional CASH FLOW Kitchener detached just minutes from downtown, public transit, LRT, schools, and everyday amenities. This versatile home features 3 spacious bedrooms, a bright and functional main floor with in-suite laundry, and a large sunroom. One bedroom includes a private balcony, while the expansive finished attic provides additional flexible space ideal for a home office, recreation area, or storage. A major highlight is the self-contained studio-style basement living space, creating an excellent opportunity for additional rental income and enhanced cash flow potential. With multiple living areas, generous room sizes, and four parking spaces included plus an garage, this property is well-suited for investors seeking a strong cash flowing rental asset or owner-occupants looking to offset expenses. Furnace (2023), A/C (2023), upgraded panel (200 Amps) and wiring, sump pump (2025). (id:63159)

Values & Trends

This listing

$344/sqft

Building average

No other active listings in this building

311 - Downtown/Rockway/S. Ward average

$403/sqft

15 active listing(s)

Parking: 5 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: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,920.00
Periodic payment — Principal & Interest (monthly)$3,354.35
Additional monthly expenses (strata, tax, utilities, etc.)$353.94
Total monthly cost$3,708.28
Interest paid over 5-yr term$149,010.57
Balance at end of term$467,669.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,689.99

Cash Needed at Closing

Minimum down payment$39,990
Estimated BC PTT$10,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,488

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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