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 $499,000 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 138 Glasgow St, Kitchener, a fully renovated 1,350 sq ft home sitting on a rare 40 x 120 ft lot - deep enough for future laneway house potential . The side door entrance allows for a separate basement access, creating an excellent opportunity to add rental income through a basement unit. Located just steps from Belmont Village, you'll enjoy local favourites like The Bauer Kitchen, Café Pyrus Outpost, Sobeys, and William's, and you're only minutes to Victoria Park, Westmount Golf & Country Club, and the Iron Horse Trail for walking and biking. Westmount Public School is within walking distance, and the Google Waterloo office is a quick commute away - making this an ideal investment property for cash flow, future development, or both.
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Water Heater Owned, Water Meter, Carpet Free, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 138 GLASGOW Street, Kitchener, ON N2G 2G9
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 $499,000 in Kitchener, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.