Property Type: Detached HouseOwnership: Freehold

450 HIGHLAND Road E

Kitchener, BC N2M3W7

$699,999

4 bed2 bath5 parking1,554 sqftBuilt 1957
Get Directions

Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Frontage
43 feet

R2B

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,188.14

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Freezer, Window Coverings

Exterior & Lot

Exterior features
Brick
Lot features
Paved driveway

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system
Security
Smoke Detectors

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
KitchenBasement5'0'' x 11'0''
4pc BathroomBasement
Utility roomBasement5'5'' x 5'1''
BedroomBasement8'0'' x 13'8''
BedroomBasement10'2'' x 13'3''
Recreation roomBasement10'10'' x 27'6''
4pc BathroomMain level
BedroomMain level11'4'' x 10'7''
Primary BedroomMain level12'1'' x 11'7''
OfficeMain level6'0'' x 3'10''
KitchenMain level8'0'' x 10'6''
Dining roomMain level6'6'' x 10'6''
Living roomMain level11'6'' x 12'5''

Listing Information

MLS®
40860018
Listed
September 2, 2026
Time on market
On the market for 12 days
Data last synced
September 15, 2026

Listing provided by: Royal LePage State Realty Inc. · Data source: CREA DDF.

Description

Exceptional opportunity to own a beautifully updated legal duplex raised bungalow in a peaceful, desirable neighbourhood. Flexible multi-unit living with the ability to reside in one unit and rent the other, or use both as income-producing rental or Airbnb accommodations. This impressive property features two fully self-contained units, each offering its own private entrance, kitchen, bathroom, and separate hydro meter for excellent flexibility and privacy. The upper unit was completely renovated in 2020 and featurs a bright open-concept layout, updated kitchen with modern appliances, spacious bedrooms, and a beautifully refreshed bathroom. The lower unit, professionally added in 2021, offers a thoughtfully designed two-bedroom suite complete with a stylish kitchen, modern bathroom, and generous storage including two sheds, added in 2023 and 2023, for additional storage for tenants. This turnkey property offers exceptional versatility and strong income potential. Conveniently located close to public transit, major highways, shopping, and 10 minutes to Wilfrid Laurier and Waterloo Universities. As an added bonus, 2 sets of appliances, 2 sheds, and all furniture from the lower unit are included, and upper-level furniture can be negotiated as part of an offer, making this an outstanding move-in-ready investment opportunity. Legal duplexes of this quality and condition rarely come available. (id:63159)

Values & Trends

This listing

$450/sqft

Building average

No other active listings in this building

325 - Forest Hill average

$447/sqft

25 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: 6.4% ($45,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,999.00
Periodic payment — Principal & Interest (monthly)$3,612.92
Additional monthly expenses (strata, tax, utilities, etc.)$343.68
Total monthly cost$3,956.60
Interest paid over 5-yr term$160,497.32
Balance at end of term$503,720.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$45,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.71

Cash Needed at Closing

Minimum down payment$45,000
Estimated BC PTT$12,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,500

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.

Request more information