Property Type: Detached HouseOwnership: Freehold

290 MELROSE Avenue

Kitchener, BC N2H2C1

$689,900

3 bed2 bath4 parking1,420 sqftBuilt 1953
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Frontage
51 feet

R2A

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,206

Interior

Basement
Partially finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Water softener, Central Vacuum, Dishwasher, Stove, Dryer, Microwave, Window Coverings

Exterior & Lot

Exterior features
Brick, Vinyl siding
Lot features
Paved driveway
Fencing
Fence

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
3pc BathroomLower level
Recreation roomLower level17'7'' x 26'9''
Laundry roomLower level
4pc BathroomMain level
BedroomMain level9'1'' x 9'7''
BedroomMain level8'1'' x 11'5''
Primary BedroomMain level12'2'' x 12'5''
Eat in kitchenMain level12'10'' x 14'11''
Living roomMain level17'6'' x 14'8''

Listing Information

MLS®
40850529
Listed
July 23, 2026
Time on market
On the market for 53 days
Data last synced
September 15, 2026

Listing provided by: BOSLEY REAL ESTATE LTD., BROKERAGE · Data source: CREA DDF.

Description

Are you looking for a centrally located bungalow in a mature area of the city? Then come check out this charming single detached bungalow has been thoughtfully updated, is completely carpet free, offers a separate entrance, features a cozy gas fireplace, and carries the solid character of its 1953 build. Out front, the property provides parking for four vehicles — one in the detached single car garage and another three along the long asphalt driveway. The fenced rear yard offers plenty of outdoor enjoyment with a sunroom, a walk up from the lower level, a garden shed, and ample space for a future vegetable garden. Inside, this bungalow offers 1,047 square feet of living space with three bedrooms, two full bathrooms, and a finished lower level rec room. Stepping through the front door, you’re welcomed by a good sized foyer, and to the left, a large living room enhanced with pot lights and laminate flooring. The kitchen features plenty of white cabinetry, a tiled backsplash, stainless steel appliances, and a convenient side entrance. At the back of the home are three bedrooms, all with laminate flooring, along with a recently updated four piece family bathroom. The lower level provides a generous rec room with laminate flooring and a gas fireplace, adding that extra bit of living space for today’s growing families. Continuing downstairs, you’ll find the walk up staircase, another full bathroom, the laundry area, and plenty of finished storage space. The property is walking distance to the neighbourhood off leash dog park, the Kitchener Memorial Auditorium and very close to Tim Hortons, the Expressway at Frederick/Victoria and Fairview Park Mall. Offering a flexible closing date this move in ready bungalow can be the perfect option to align your family for the upcoming school year. Some AI generated photos being used. Please take a moment to view the marketing video, 360 degree photography and the other photos to get a full grasp of what the property has to offer. (id:63159)

Values & Trends

This listing

$486/sqft

Building average

No other active listings in this building

212 - Downtown Kitchener/East Ward average

$419/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: 6.4% ($43,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$551,920.00
Periodic payment — Principal & Interest (monthly)$3,560.80
Additional monthly expenses (strata, tax, utilities, etc.)$421.50
Total monthly cost$3,982.30
Interest paid over 5-yr term$158,181.86
Balance at end of term$496,453.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,966.82

Cash Needed at Closing

Minimum down payment$43,990
Estimated BC PTT$11,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,288

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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