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Listed 9 days ago

507 Manchester Road

, Kitchener

$699,900

Detached|Bungalow
4 | 2 | 5
About this home

Super cute and well-cared-for 3 bedroom bungalow situated on a fabulous lot in Kitchener's established Rosemount neighbourhood. Offering 1,571 sq. ft. on the main level, this home combines the convenience of one-floor living with generous living space and plenty of room to grow. A covered front porch welcomes you into a bright living room featuring hardwood floors and a large window. The well sized dining room is perfect for family gatherings and entertaining, and has been opened up into the kitchen which has been updated with warm oak cabinetry and enjoys a beautiful bay window-perfect for your herb garden! What sets this bungalow apart from others in the neighbourhood is the main floor family room addition featuring vaulted ceilings, bright windows, and a walkout to the rear deck. Main-floor laundry adds everyday convenience, or there is downstairs laundry too! Like most bungalows, the lower level provides a huge amount of space. Here you will find a recreation room, guest bedroom, new three-piece bathroom and an abundance of storage and utility space. A separate entrance from the driveway to the basement adds flexibility for easy access for guests, hobbies or future use. Outside, enjoy the privacy of mature landscaping, lovingly nurtured gardens and a charming water fountain creating a lovely backdrop for relaxing or entertaining. The detached garage is ideal for additional parking, storage or a workshop, while the large driveway accommodates approx. 5 cars. Located close to parks, trails, great schools, shopping, public transit routes, and with convenient access to the highway just minutes away. This home checks off a lot of boxes for families, first time home buyers, and down sizers! Lots of updates include furnace, a/c, garage roof, refinished hardwood, and more...

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,738
Lot Size53 ft x 120 ft
mls© NumberX13882362
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%
$3,582
Property tax
$395
Heat allowance
$150
Housing costs
$4,127 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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