Property Type: Detached HouseOwnership: Freehold

266 MELROSE Avenue

Kitchener, BC N2H2C1

$765,000

3 bed2 bath4 parking2,079 sqft
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Frontage
51 feet

R4

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,192

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Water softener, Dishwasher, Dryer, Window Coverings, Garage door opener

Exterior & Lot

Exterior features
Brick
Lot features
Southern exposure, Automatic Garage Door Opener
Fencing
Fence

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
Laundry roomLower level12'6'' x 7'8''
StorageLower level12'5'' x 16'3''
OfficeLower level12'9'' x 13'11''
3pc BathroomLower level8'6'' x 9'10''
BedroomLower level12'8'' x 20'10''
3pc BathroomMain level9'3'' x 6'2''
BedroomMain level8'9'' x 12'10''
Primary BedroomMain level11'3'' x 13'3''
Dining roomMain level7'11'' x 11'7''
KitchenMain level10'10'' x 15'10''
Living roomMain level11'3'' x 18'2''

Listing Information

MLS®
40856822
Listed
August 19, 2026
Time on market
On the market for 27 days
Data last synced
September 15, 2026

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

Description

Welcome to this beautifully updated bungalow set on a generous 51' x 131' lot in Kitchener’s sought after Eastward neighbourhood. Offering a rare blend of modern upgrades and classic charm, this home is ideally positioned just minutes from the Kitchener Auditorium, major commuter routes, and a full range of amenities. The main floor showcases an airy open concept layout with two comfortable bedrooms, a fully renovated bathroom featuring an all glass walk in shower, and a stunning kitchen redesigned with contemporary finishes. Hardwood flooring, recessed lighting, and a cozy living area create an inviting space for everyday living, while the dining room opens through sliding doors to the backyard. Step outside to an impressive private yard complete with a custom composite deck, gazebo perfect for relaxing or entertaining. The property also includes a detached garage and exterior under eave lighting for exceptional curb appeal. Newly finished basement offers even more versatility, with a spacious recreation room, a second bathroom, and third bedroom, with a convenient side entrance that provides exciting potential for an in law suite or duplex conversion. This move in ready Eastward bungalow presents exceptional possibilities in one of the city’s most established neighbourhoods. (id:63159)

Values & Trends

This listing

$368/sqft

Building average

No other active listings in this building

212 - Downtown Kitchener/East Ward average

$425/sqft

33 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: 6.7% ($51,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$612,000.00
Periodic payment — Principal & Interest (monthly)$3,948.42
Additional monthly expenses (strata, tax, utilities, etc.)$453.33
Total monthly cost$4,401.75
Interest paid over 5-yr term$175,400.96
Balance at end of term$550,495.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$51,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,486.57

Cash Needed at Closing

Minimum down payment$51,500
Estimated BC PTT$13,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$66,300

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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