
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,419,000 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.
Welcome to 135 Watermill Street- a truly exceptional residence that blends luxury, scale, and versatility on an oversized corner lot in one of the city's most desirable family-friendly communities. Sitting on a premium 55 x 110 foot corner lot, 8 Bedrooms (3 Master), 7 Bathrooms and over 4500 square feet of living space, this expansive legal duplex offers a rare opportunity for multi-generational living or significant rental income, all within a beautifully designed and thoughtfully upgraded home. Step into a bright and spacious main level featuring elegant finishes, soaring 9 foot ceilings, and a seamless layout. The generous living and dining areas flow effortlessly into a modern kitchen, creating a warm and inviting atmosphere perfect for hosting family and friends. Large windows throughout the home with natural light. The upper levels continue to impress with well-appointed bedrooms, including a luxurious primary retreat designed for relaxation. What truly sets this home apart is the bonus third-storey loft-a versatile and private space complete with an additional bedroom, full bathroom, and its own living area. Whether used as a guest suite, home office, or retreat for extended family, this level adds incredible functionality and value. As a legal duplex, the property features a fully self-contained separate lower unit, ideal for generating rental income or accommodating in-laws without compromising privacy. This added flexibility makes it a standout investment for both homeowners and savvy buyers looking to offset mortgage costs.Situated just minutes from the newly built River Mill Public School, trails, parks, highway 401 access and essential amenities, this home offers the perfect balance of convenience and lifestyle. With its expansive layout, premium lot, and income potential, 135 Watermill Street is a rare offering that delivers both luxury living and smart investment in one remarkable package.
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This detached home located at 135 Watermill Street, Kitchener is currently for sale and has been available on SousaSells for 27 days. This property is listed at $1,419,000 with an estimated mortgage of $4,723* per month. It has 8 beds, 7 bathrooms, and is 3500-5000 square feet. 135 Watermill Street, Kitchener
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 8 bedrooms and 7 bathrooms, this home offers ample space and comfort for growing families in Kitchener.
Growing families needing multi-bedroom flexibility and space in Kitchener.
None listed
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The current listing price for 135 Watermill Street, Kitchener, ON in Kitchener is $1,419,000.
This property features 8 bedrooms and 7 bathrooms across approximately 3500-5000 sqft.
135 Watermill Street, Kitchener, ON is a Detached (3-Storey) featuring a Apartment basement.
Key property features include: Hospital, Library, Park, Place Of Worship, School, School Bus Route.
Interior highlights include: Water Heater.
Yes, this property offers parking space for 5.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 135 Watermill Street, Kitchener, ON N2P 0G4
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 $1,419,000 in Kitchener, the legal minimum down payment is $283,800 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 $24,855 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 $24,855.
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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.