2 Herlan Avenue, Kitchener, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 34 x 84 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 2 Herlan Ave, a charming 2-bedroom, 2-bathroom home, ideally situated in one of Kitchener's most convenient and walkable neighbourhoods. Filled with character, this home is ready for its next chapter and awaits your personal touch. The living room and dining combo offers so much space for your family to enjoy, and the kitchen is not lacking in counter and storage space. The spacious primary bedroom is complete with a large walk-in closet and its own ensuite bathroom. This home has a functional layout, generous living spaces, a large front covered porch, and the convenience of a carport, making this home an excellent opportunity for first-time buyers, investors, or anyone looking to add their own style to a charming property. Location is everything, and this home delivers. Enjoy a morning stroll to City Café for a fresh croissant and coffee, spend afternoons exploring Victoria Park, or take in the annual Cherry Festival at nearby Cherry Park. Downtown Kitchener is just a short walk away, offering an incredible selection of local shops, cafés, restaurants, and entertainment.
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Pricing & Value Insights
Data-driven valuation for 2 Herlan Avenue, Kitchener, ON N2G 4K3
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About Purchasing a Home in Kitchener, ON
For a property listed at $499,900 in Kitchener, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.