71 Margaret Avenue, Kitchener, ON

$699,900
MLS#:X12965460
7 beds
3 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 7 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 57.07 x 90 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Workbench, Water Meter
  • Efficient radiant heating via gas

Description

Walk to what matters. Come home to character.Welcome to 71 Margaret Avenue - a character home in a walkable Kitchener location, offering flexibility and the opportunity to make it your own over time. Just steps from the GO Station, Centre In The Square, the Kitchener Public Library, and local cafés and shops, this is a setting where daily life feels connected and convenient.Situated within Kitchener's established Civic Centre neighbourhood, the streetscape reflects what this area is known for - mature trees, consistent setbacks, and enduring homes that give the neighbourhood a settled feel.The curb appeal draws you in, and the home offers rare parking for this central location, with driveways off both Margaret Avenue and Victoria Street, along with a detached garage.Inside, the traditional centre hall layout provides both structure and flexibility. The main floor features a spacious dining area with easy access to the kitchen, while the living room is anchored by a fireplace and opens onto a covered back porch - an inviting space to relax or entertain. A two-piece bath completes the main level.Upstairs, a bonus room or bedroom walks out to an upper deck - ideal for a home office, studio, or additional living space. The layout supports changing needs, including a primary suite with its own ensuite.The partially finished attic, accessed by a spiral staircase, adds a distinctive space ready for your ideas. The basement includes a Viessmann boiler, storage, and a small workshop area.A home with character, flexible space, and the opportunity to make it your own - in a location that's hard to match.

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Key Features

Bedrooms
7
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date4/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBrick, Stucco (Plaster)
BasementUnfinished, Full
Lot Size57.07 × 90 Feet
CountyWaterloo
Annual Tax$5,128.17
Legal DescriptionPT LT 82-83 PL 374 KITCHENER PT 2, 58R8928; KITCHENER

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingNone

Features

Property Features

Public Transit, Rec./Commun.Centre, School, Place Of Worship, Library, Hospital

Interior Features

Central Vacuum, Workbench, Water Meter

Security Features

Community Features

Location

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71 Margaret Avenue, Kitchener, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 71 Margaret Avenue, Kitchener, ON N2H 4H3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.

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Interest Rate5.25%
Down Payment$44,990 (6.4%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period25 Years
Estimated Monthly Payment$3,903Based on a loan of $654,910 over 25 years.
Purchase Price$699,900
Loan Amount$654,910
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Kitchener, ON

For a property listed at $699,900 in Kitchener, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

Nearby Listings

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No current listings found in Kitchener.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$749,895

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Our Lady of Grace
Public70 Gracefield Crescent, Alpine, Kitchener, Ontario, N2E 1R9
7.3
Alpine
Public75 Lucerne Drive, Alpine, Kitchener, Ontario, N2E 1B4
5.8
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
Rockway
Public110 Doon Road, Rockway, Kitchener, Ontario, N2G 3C8
3.6

Secondary Schools

St. Mary’s
Catholic1500 Block Line Road, Kitchener, Ontario, N2C 2S2
6.1
Eastwood
Public760 Weber Street East, Eastwood, Kitchener, Ontario, N2H 1H6
5.8
Cameron Heights
Public301 Charles Street East, King East, Kitchener, Ontario, N2G 2P8
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.