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Listed 28 days ago

16 Monterey Road

, Kitchener

$799,000

Detached|Backsplit 3
3 | 2 | 6
About this home

Rare opportunity to own a detached family home with a private in-ground pool in one of Kitchener's most desirable neighbourhoods! Welcome to 16 Monterey Road, a beautifully maintained Back split detached home situated on a premium 55' x 110' lot in the sought-after Rosemount Heritage Park community. Offering approximately 1,938 sq. ft. of finished living space (1,573 sq. ft. above grade plus approximately 365 sq. ft. in the finished lower level),this home features 3 generously sized bedrooms, 1.5 bathrooms, and a functional split-level layout with minimal stairs, providing comfort and privacy for the whole family. The spacious living room is highlighted by a cozy fireplace, while the separate dining room and dedicated Art Room offer additional living space that can be enjoyed and personalized to suit your family's lifestyle. The upgraded kitchen showcases quartz countertops, a stylish backsplash, upgraded appliances, and ample cabinetry, complemented by modern luxury vinyl flooring throughout. The bright lower level features large windows that flood the space with natural light, a spacious recreation room complete with a home bar and pool table, lower-level laundry, and patio doors leading directly to your private backyard oasis. Enjoy endless summer days in your in-ground swimming pool and relax on the patio-an ideal setting for entertaining family and friends. Additional highlights include a water softener, side entrance with direct access to the double-car garage, a double driveway with parking for 6 vehicles, and close proximity to schools, parks, shopping, public transit, and all major amenities. Move in and make this exceptional home your own, with spaces ready to adapt to your family's unique needs and lifestyle.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,384
Lot Size55 ft x 110 ft
mls© NumberX13635314
Listed ByRE/MAX GOLD REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,090
Property tax
$449
Heat allowance
$150
Housing costs
$4,688 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,800
25-yr amortization

Income needed

$144,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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