Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,099,000 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.
*** LEGAL DUPLEX***Welcome to 23 Down Creek Street, Kitchener, a rare legal duplex backing onto a beautiful conservation area, offering an exceptional blend of space, income potential, and lifestyle. Surrounded by nature and filled with natural light, this home is ideal for families, multi-generational living, or investors looking for a strong mortgage helper. The main residence features 4 spacious bedrooms and 2 full bathrooms, thoughtfully laid out for everyday comfort. The main floor impresses with a large, open kitchen complete with a huge island, perfect for entertaining, along with a generous dining area that comfortably seats up to 10 people. The bright living room, highlighted by a stone fireplace, creates a warm and inviting atmosphere with plenty of windows throughout. Upstairs, you'll find 4 generously sized bedrooms, upper-floor laundry, and well-appointed bathrooms, making daily living convenient and functional for a busy household. The fully furnished walk-out basement apartment includes 2 bedrooms and 1 full bathroom, a separate entrance, and is ready to rent, offering an income potential of up to $2,000 per month. This space is ideal for extended family, guests, or tenants while maintaining privacy for both units. The home boasts a massive backyard with unobstructed views of the conservation area, filled with wildlife and natural beauty. Enjoy over 700 sq. ft. of upper + lower deck space with elegant glass railings, perfect for taking in the views for tenants or extended family to enjoy. Additional features include a double-car garage which is one foot wider than the standard, triple-car driveway, central vacuum system and excellent curb appeal. Conveniently located close to Conestoga College, steps to public transit, and minutes from schools, shopping, restaurants, trails, and all amenities, with easy access to Hwy 401 for commuters. This is a rare opportunity to own an income-generating property in a sought-after location.
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Public Transit, School Bus Route, School, Rec./Commun.Centre
Water Softener, Water Heater, Central Vacuum
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This could be the first listing for this address.
Data-driven valuation for 23 Doon Creek Street, Kitchener, ON N2R 0B4
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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 $1,099,000 in Kitchener, the legal minimum down payment is $219,800 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 $18,455 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 $18,455.
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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.