Property Type: Detached HouseOwnership: Freehold

27 OAK Street

Kitchener, BC N2G1L4

$474,900

3 bed3.5 bath4 parking1,374 sqftBuilt 1925
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Property Details

Property & Lot

Sub-type
House
Style
Other
Stories
2
Lot size
0.15 acres
Frontage
50 feet

SGA-2 (18H)

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,233

Interior

Basement
Partially finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
None

Exterior & Lot

Exterior features
Brick Veneer

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Restrictions & Policies

Accessibility
Central Living Area

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
3pc BathroomBasement
Eat in kitchenBasement
3pc BathroomSecond level
2pc BathroomMain level
BedroomSecond level8'9'' x 13'8''
BedroomSecond level9'9'' x 8'9''
BedroomSecond level9'9'' x 11'0''
DenMain level18'9'' x 9'9''
Eat in kitchenMain level18'9'' x 11'6''

Listing Information

MLS®
40835958
Listed
June 5, 2026
Time on market
On the market for 101 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX TWIN CITY REALTY INC. · Data source: CREA DDF.

Description

VENDOR TAKE-BACK (VTB) FINANCING AVAILABLE UPON APPROVAL! Exceptional, high-density redevelopment opportunity located in the absolute heart of Downtown Kitchener's premier tech and innovation core. This 50-foot frontage by 132-foot deep rectangular infill lot features highly coveted SGA-2 (Strategic Growth Area) zoning, unlocking massive potential for a high-yield Missing Middle multi-unit project, stacked townhouses, or a boutique multi-residential build. The existing brick structure was previously utilized as a duplex, configured with 3 bedrooms and 2 bathrooms on the upper level. Furnace replaced 2025. Unbeatable tech-hub demographics drive this location, commanding immense demand from an influx of high-earning tech professionals, medical staff, and academics. You are steps away from global anchors including the Google Canada HQ, Communitech, and the Velocity incubator, alongside top-tier educational hubs like the University of Waterloo School of Pharmacy, McMaster School of Medicine, and Conestoga College. Enjoy immediate access to Victoria Park, upscale dining, and the LRT transit system. The property is being sold As-Is, Where-Is condition. (id:63159)

Values & Trends

This listing

$346/sqft

Building average

No other active listings in this building

313 - Downtown Kitchener/W. Ward average

$490/sqft

11 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: 5.0% ($23,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$379,920.00
Periodic payment — Principal & Interest (monthly)$2,451.11
Additional monthly expenses (strata, tax, utilities, etc.)$421.75
Total monthly cost$2,872.86
Interest paid over 5-yr term$108,886.16
Balance at end of term$341,739.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,745
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.22

Cash Needed at Closing

Minimum down payment$23,745
Estimated BC PTT$7,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,743

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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