Property Type: Detached HouseOwnership: Freehold

576 FALCONRIDGE Crescent

Kitchener, BC N2K4J2

$1,399,900

3 bed5 full, 3 half bath4 parking3,559 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
House
Stories
2
Frontage
59 feet

RES-2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,981

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Central Vacuum - Roughed In, Hood Fan, Window Coverings, Garage door opener

Exterior & Lot

Exterior features
Brick, Stucco
Pool
Inground pool
Lot features
Backs on greenbelt, Conservation/green belt, Automatic Garage Door Opener

Building

Water source
Municipal water
Sewer
Municipal sewage system
Security
Smoke Detectors

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement10'1'' x 10'7''
OfficeBasement9'2'' x 10'3''
StorageBasement10'5'' x 10'6''
2pc BathroomBasement5'4'' x 7'7''
Laundry roomBasement11'4'' x 15'
OtherSecond level9'8'' x 9'10''
Mud roomMain level8'6'' x 10'9''
2pc BathroomMain level7'6'' x 8'1''
Recreation roomLower level16'1'' x 17'5''
Family roomSecond level16'10'' x 23'6''
3pc BathroomSecond level7'7'' x 12'11''
BedroomSecond level14'2'' x 16'4''
BedroomSecond level11'9'' x 18'5''
5pc Ensuite bathSecond level12'2'' x 13'6''
Primary BedroomSecond level16'9'' x 19'11''
2pc BathroomMain level6'4'' x 8'5''
Dining roomMain level10'8'' x 15'1''
KitchenMain level9'3'' x 15'2''
Family roomMain level12'8'' x 17'9''
FoyerMain level10'9'' x 14'6''

Listing Information

MLS®
40842604
Listed
June 25, 2026
Time on market
On the market for 81 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX SOLID GOLD REALTY (II) LTD. · Data source: CREA DDF.

Description

A Rare Offering Backing Onto Kiwanis Park – Luxury Living at Its Finest! Welcome to this exceptional custom-built executive home offering over 3,600 sq. ft. of finished living space on a premium lot backing directly onto the tranquil green space of Kiwanis Park. Designed for both elegant entertaining and everyday living, this one-of-a-kind residence showcases quality craftsmanship and thoughtful design throughout. A grand foyer welcomes you into a bright, open-concept layout featuring 9-foot ceilings, a sunken family room with coffered ceilings & a gas fireplace, and expansive windows framing stunning backyard views. The custom Chervin kitchen will satisfy any chef, complete with bespoke cabinetry, granite countertops, built-in stainless appls, and an induction stove. The luxurious primary suite offers a private retreat with a spa-inspired 5-piece ensuite, 2nd gas fireplace, private balcony, overlooking the backyard oasis, California Closet, & dressing room. Two additional oversized bedrooms & a spacious loft provide exceptional flexibility for family living. The finished lower level adds apprx 1,000 sq. ft. of add'l living space with a large recreation room, laundry room with chute, extensive storage & future office potential. Step outside to your fully-fenced, resort-style backyard oasis featuring a covered concrete patio, saltwater pool, expansive yard, and unmatched privacy with no rear neighbours. Premium features and customization throughout the home include in-floor heating, hardwood and porcelain flooring, a whole-home speaker system, designer lighting, & an oversized double garage with workshop, potting area, pool shower, & change room, extensively landscaped with an irrigation system, Custom European Windows & doors throughout. Ideally located minutes from schools, shopping, dining, & expressway access, this remarkable property offers a rare opportunity to own one of the area's most distinguished homes. Luxury, privacy, and craftsmanship—welcome home. (id:63159)

Values & Trends

This listing

$393/sqft

Building average

No other active listings in this building

120 - Lexington/Lincoln Village average

$429/sqft

22 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

16°C

Cloudy

Humidity 80%

Wind SE 13 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

24°

Thursday night

11°

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: 8.2% ($114,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,119,920.00
Periodic payment — Principal & Interest (monthly)$7,225.34
Additional monthly expenses (strata, tax, utilities, etc.)$926.42
Total monthly cost$8,151.76
Interest paid over 5-yr term$320,972.29
Balance at end of term$1,007,371.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,880.51

Cash Needed at Closing

Minimum down payment$114,990
Estimated BC PTT$25,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,488

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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