This isn't just a home, it's a financial strategy. This bungalow with 2,574 sq ft of living space on a treelined mature neighbourhood offers one of the strongest mortgage helper opportunities on the market. With a fully finished walk-out basement purpose-built for multigenerational living or a self-contained rental unit that offsets your carrying costs every month. The lower level spans 1,247 sq ft and checks every box: a private walk-out entrance, two bedrooms, a 3-piece and 2-piece bathroom, cozy fireplace, in-suite laundry, and a massive 21' x 23' rec room with the space and potential to add a full corner kitchenette. That private entrance gives the lower level complete independence from the main floor, a critical distinction for income-generating suites or extended family arrangements. Upstairs, the main floor delivers 1,327 sq ft of bright, functional living: two bedrooms including a primary with 3-piece ensuite, a 4-piece bath, a well-equipped kitchen with stainless steel appliances and separate pantry, and an open dining and living area with walkout to the back deck. Outside, an attached 2-car garage, double-wide driveway, 4 total parking spaces, a 157-foot deep lot on 0.21 acres, and a backyard hot tub complete the package. It is steps from Forest Heights CI, Saint Mark Catholic, Westheights and Meadowlane schools, Trailview Park, and the Forest Heights Community Trail. Shopping and transit are minutes away. Two levels. One smart investment.
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Zillow last checked:
Listing updated:
Listed by:
Nik Poulimenos, Broker,
Corcoran Horizon Realty
Source: ITSO,MLS®#: 40823192Originating MLS®#: Cornerstone Association of REALTORS®
Features: Urban, Park, Quiet Area, School Bus Route, Schools, Shopping Nearby
Details
Parcel number: 226870114
Zoning: R2A
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence, Residential
Materials
Stucco
Foundation: Poured Concrete
Roof: Asphalt Shing
Condition
51-99 Years
New construction: No
Year built: 1974
Utilities & green energy
Sewer: Sewer (Municipal)
Water: Municipal
Community & HOA
Location
Region: Kitchener
Financial & listing details
Price per square foot: C$697/sqft
Annual tax amount: C$5,020
Date on market: 4/28/2026
Inclusions: Other
Nik Poulimenos, Broker
Nik Poulimenos, Broker
(519) 804-4999
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