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Listed 13 days ago

138 Water Street S

, Kitchener

$849,900

Detached|3-Storey
2 | 2 | 5
About this home

Fewer than a dozen homes enjoy this exceptional view of Victoria Park Lake, making this a truly rare opportunity in one of Kitchener's most desirable and vibrant neighbourhoods. This charming 3-storey home blends the character of an established heritage setting with the convenience of modern updates, offering the best of old and new. Featuring 3 bedrooms and 2 bathrooms, including a loft-style primary retreat, the home is filled with character and takes full advantage of its remarkable location. Enjoy uninterrupted views of Victoria Park Lake from the party-sized front porch and second-floor balcony - ideal places to relax, entertain or simply take in one of the city's most iconic settings. The large, private backyard offers plenty of space for entertaining, gardening or unwinding, complete with a gazebo and a peaceful sense of privacy. An oversized detached single-car garage/workshop provides excellent storage and workspace, while recent roof and furnace updates add comfort and peace of mind. Great parking is another standout feature, with room for four vehicles in the driveway plus an additional vehicle in the garage. Add in an excellent walk score, easy access to downtown Kitchener, restaurants, entertainment, trails and the park itself, and this home delivers a lifestyle that is increasingly hard to find.**Great view. Great parking. Great walkability. Character, convenience and a vibrant location - all overlooking Victoria Park Lake.**

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$4,708
Lot Size52.31 ft x 108.76 ft
mls© NumberX13693802
Listed ByRE/MAX TWIN CITY 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%
$4,350
Property tax
$392
Heat allowance
$150
Housing costs
$4,893 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$151,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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