Welcome to this remarkable Stacked Townhouse condo townhouse located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $490,990 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.
Now Registered - no occupancy fees. Welcome to modern, maintenance-free living at the Erinbrook Towns! Perfect for first-time buyers, downsizers, or investors, this brand-new "Bobby" floorplan by award-winning Activa offers a premium lock-and-go lifestyle. The main ground floor level features a bright, carpet-free open concept layout with durable laminate flooring. The chef-inspired kitchen boasts modern dark cabinetry, quartz countertops, a large center island with a breakfast bar, a subway tile backsplash, and stainless steel appliances. The kitchen flows seamlessly into a spacious, light-filled great room with large sliding doors that lead out to a private covered balcony. A convenient powder room completes the main level. The fully finished garden level features large windows that allow natural light to pour in, offering two generous bedrooms and a shared luxury bathroom complete with a double-sink vanity and quartz counters. This level also provides a dedicated laundry closet, under-stairs storage, and a utility room. Built as an ENERGY STAR certified home, this high-efficiency unit keeps utility costs low. Incredibly convenient location just off Westmount & Fischer-Hallman Road, minutes to Highway 7/8, transit, shopping, parks, and schools. Move right in and enjoy the peace of mind of a brand-new build! Several images have been virtually staged.
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Data-driven valuation for 525 Erinbrook Drive C052, Kitchener, ON N2E 3T1
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 $490,990 in Kitchener, the legal minimum down payment is $24,550 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 $6,295 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 $6,295.
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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.