Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $599,900 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-bedroom, 2-bathroom, 1.5-storey home located in the desirable Rockway Gardens area of Kitchener. This well-maintained home offers lots of windows, plenty of natural light, a functional layout, & a large fully fenced backyard. With numerous updates throughout, this property is a great option for first-time buyers, downsizers, or investors looking for a home with future potential. The main floor features updated luxury vinyl flooring, a brand-new kitchen completed in 2022 with new appliances, a spacious living room, a separate dining room, & a 4-piece bathroom with a skylight that fills the space with natural light. Upstairs you will find 2 good-sized bedrooms, each with large windows & plenty of storage space. The finished basement also features updated luxury vinyl flooring & provides additional living space with a large rec-room that is currently being used as a primary bedroom. This level also includes a huge walk-in closet, a spacious 3-piece bathroom, a cold storage, & a utility/laundry room with additional storage. With a separate entrance to the basement, this home also offers excellent investment potential with the possibility of creating an in-law suite or multi-generational living space. Outside, the large fully fenced backyard offers plenty of room for kids, pets, gardening, or entertaining. A large deck creates the perfect outdoor gathering space, while the shed/workshop & 2nd storage shed provide excellent space for tools, hobbies, lawn equipment, & seasonal storage. Located in the sought-after Rockway Gardens neighbourhood, this home is just minutes from Rockway Golf Course, Rockway Gardens, parks, schools, & walking trails. Fairview Park Mall, grocery stores, restaurants, public transit, the ION LRT, & everyday amenities are all close by. Commuters will appreciate the quick access to Highway 7/8, Highway 85, & Highway 401.
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Data-driven valuation for 799 Rockway Drive, Kitchener, ON N2G 3B6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.
About Purchasing a Home in Kitchener, ON
For a property listed at $599,900 in Kitchener, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.