Property Type: Detached HouseOwnership: FreeholdNEW LISTING

261 KIPLING Avenue

Kitchener, BC N2C2B9

$550,000

3 bed1 bath4 parking1,400 sqft
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Frontage
45 feet

R2A

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,739.96

Interior

Basement
Finished, Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

Exterior features
Brick

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
3pc BathroomMain level
Bonus RoomBasement5'3'' x 9'6''
Recreation roomBasement10'6'' x 20'0''
BedroomMain level10'2'' x 10'6''
BedroomMain level9'10'' x 9'2''
BedroomMain level10'6'' x 11'2''
KitchenMain level11'2'' x 12'2''
Living roomMain level15'5'' x 12'10''

Listing Information

MLS®
40862662
Listed
September 11, 2026
Time on market
On the market for 3 days
Data last synced
September 15, 2026

Listing provided by: ADANA HOMES A CANADIAN REALTY INC., BROKERAGE · Data source: CREA DDF.

Description

A great opportunity to get into the Kitchener market and make a home your own. This 3 bedroom bungalow offers a functional layout with plenty of space and potential for first time buyers, families or those looking to personalize a home over time. The large basement provides additional living space along with an extra room ideal for a home office, hobby room or flexible workspace. Outside, enjoy a fully fenced backyard with room to relax, entertain or create your own outdoor space, plus ample parking for added convenience. Located in a well established Kitchener neighbourhood close to everyday amenities, schools, parks and major routes, this home offers a great combination of location, space and opportunity. (id:63159)

Values & Trends

This listing

$393/sqft

Building average

No other active listings in this building

327 - Fairview/Kingsdale average

$461/sqft

13 active listing(s)

Parking: 4 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: 5.5% ($30,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$440,000.00
Periodic payment — Principal & Interest (monthly)$2,838.73
Additional monthly expenses (strata, tax, utilities, etc.)$381.66
Total monthly cost$3,220.39
Interest paid over 5-yr term$126,105.26
Balance at end of term$395,781.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$30,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,998.62

Cash Needed at Closing

Minimum down payment$30,000
Estimated BC PTT$9,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,500

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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