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New4 days ago

61 Fairlawn Road

, Kitchener

$675,000

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to 61 Fairlawn Rd, a brick bungalow with a covered front porch, an attached garage and much more room than it shows from the street. With 6 bedrooms, 2 full bathrooms, and a lower level with its own separate entrance and a rough-in for a second kitchen, this former duplex gives you space now and real flexibility later.The main floor opens with a bright living room, a large picture window and built-in shelving. The eat-in kitchen has a peninsula, mosaic tile backsplash and stainless steel appliances, and the dining area is wrapped in windows. Three bedrooms share an updated main bath. Off the back, a sunroom addition with its own entrance to the yard is set up as a home studio and works just as well as an office or hobby space.The finished lower level adds a rec room, a 3-piece bath with glass shower, 3 more bedrooms (2 currently used as offices), laundry, a cold cellar and a kitchen rough-in ready for your plans.The backyard was redone in 2024 with a concrete patio, hard-top gazebo, wood privacy fence, shed and a custom-built play structure. Other updates include energy-efficient doors with a lifetime transferable warranty (2024), new eavestroughs (2024), added attic insulation, a poured concrete double driveway (2019), and windows and furnace (approx. 2018).All on a quiet street, within walking distance of shopping, parks and schools, and minutes to Fairview Park Mall, the Fairway ION station and Highway 7/8.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,387
Lot Size55.79 ft x 100 ft
mls© NumberX14030194
Listed ByKeller Williams Home Group Realty

Listing History

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  • 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%
$3,455
Property tax
$366
Heat allowance
$150
Housing costs
$3,971 / mo

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

Down payment20% · $135,000
25-yr amortization

Income needed

$122,000

gross annual household income

Payment at 4%
$2,841 / mo
Cash down
$135,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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