Property Type: Detached HouseOwnership: Freehold

497 VICTORIA Street S

Kitchener, BC N2M3A6

$549,900

4 bed2 bath4 parking1,489 sqftBuilt 1951
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Property Details

Property & Lot

Sub-type
House
Stories
1.5
Frontage
56 feet

RES-4

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,663

Interior

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

Exterior & Lot

Exterior features
Wood, Brick
Lot features
Paved driveway, Automatic Garage Door Opener

Building

Water source
Municipal water
Sewer
Municipal sewage system
Utilities
Cable

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
OtherMain level23'3'' x 19'4''
Utility roomBasement16'10'' x 20'4''
StorageBasement11'0'' x 11'0''
StorageBasement11'3'' x 9'7''
StorageBasement10'0'' x 10'0''
3pc BathroomBasement4'10'' x 6'1''
Recreation roomBasement24'5'' x 28'11''
StorageSecond level3'0'' x 29'6''
BedroomSecond level12'2'' x 11'11''
Primary BedroomSecond level8'9'' x 13'10''
4pc BathroomMain level7'10'' x 4'10''
BedroomMain level11'6'' x 8'8''
BedroomMain level11'6'' x 13'7''
Dining roomMain level7'10'' x 11'0''
KitchenMain level16'1'' x 9'9''
Living roomMain level12'10'' x 15'6''

Listing Information

MLS®
40836531
Listed
June 25, 2026
Time on market
On the market for 81 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX REAL ESTATE CENTRE INC. · Data source: CREA DDF.

Description

Opportunity to own an affordable 4 BEDROOM home in the downtown core area! Some features include detached DOUBLE GARAGE (19'4 x 23'3), covered rear porch, side entry (3 entry points), 2 main floor bedrooms, main floor 4pc bathroom, finished rec-room with full bathroom, cold room, and additional storage room. All appliances included, some updated flooring, some updated vinyl windows, and plenty of natural light throughout the home. Walking score of 76 to nearby restaurants, coffee shops, grocery store, parks and schools. Conveniently located near public transit, bike paths, two hospitals, and HWY 7/8 Expressway access. (id:63159)

Values & Trends

This listing

$369/sqft

Building average

No other active listings in this building

323 - Victoria Hills average

$377/sqft

8 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: Kitchener-Waterloo

Cloudy

11°C

Cloudy

Humidity 92%

Wind ENE calm 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% ($29,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,920.00
Periodic payment — Principal & Interest (monthly)$2,838.21
Additional monthly expenses (strata, tax, utilities, etc.)$379.25
Total monthly cost$3,217.46
Interest paid over 5-yr term$126,082.34
Balance at end of term$395,709.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,997.93

Cash Needed at Closing

Minimum down payment$29,990
Estimated BC PTT$8,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,488

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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