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Listed 17 days ago

16 Monterey Road

, Kitchener

$749,000

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

Fantastic opportunity in Kitchener's sought-after Rosemount Heritage Park community! Welcome to16 Monterey Road, a spacious detached backsplit situated on a premium 55' x 110' lot andfeaturing a private in-ground swimming pool. Offering approximately 1,938 sq. ft. of finishedliving space (1,573 sq. ft. above grade plus approximately 365 sq. ft. in the finished lowerlevel), this home features 3 spacious bedrooms, 1.5 bathrooms and a functional split-levellayout with minimal stairs. Enjoy a large separate family room with fireplace, separate diningroom and dedicated Art Room offering additional space to personalize to your lifestyle. Theupgraded kitchen features quartz countertops, backsplash, upgraded appliances and amplecabinetry, complemented by modern luxury vinyl flooring. The bright lower level offers largewindows providing plenty of natural light, a spacious recreation room with home bar and pooltable, powder room, and patio doors with direct access to the backyard. The basement levelfeatures laundry and a furnace room, along with a large unfinished crawl space under thebedroom area providing additional storage.Step outside to your private backyard oasis featuring an in-ground swimming pool and patio,perfect for summer entertaining and family gatherings. The pool is currently closed for theseason; listing photos and video showcase the pool while open. Additional features include awater softener, side entrance, direct access to the double-car garage, and parking for up to 6vehicles. Conveniently located close to schools, parks, shopping, public transit and majoramenities.Great opportunity to own a spacious detached home with a private pool and premium lot-come seeeverything this home has to offer! As per Seller, the in-ground pool is a concrete chlorinepool, and the pool surface was redone approximately 3 years ago. The pool is equipped with aheater. The furnace was replaced in 2023.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,385
Lot Size55 ft x 110 ft
mls© NumberX13852260
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%
$3,834
Property tax
$449
Heat allowance
$150
Housing costs
$4,432 / mo

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

Down payment20% · $149,800
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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