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New5 days ago

16 Monterey Road

, Kitchener

$699,000

Detached|Backsplit 3
3 | 2 | 6
About this home

Fantastic opportunity in Kitchener's sought-after Rosemount Heritage Park community! Welcome to 16 Monterey Road, a spacious detached backsplit situated on a premium 55' x 110' lot and featuring a private in-ground swimming pool. Offering approximately 1,938 sq. ft. of finished living space (1,573 sq. ft. above grade plus approximately 365 sq. ft. in the finished lower level), this home features 3 spacious bedrooms, 1.5 bathrooms and a functional split-level layout with minimal stairs. Enjoy a large separate family room with fireplace, separate dining room and dedicated Art Room offering additional space to personalize to your lifestyle. The upgraded kitchen features quartz countertops, backsplash, upgraded appliances and ample cabinetry, complemented by modern luxury vinyl flooring. The bright lower level offers large windows providing plenty of natural light, a spacious recreation room with home bar and pool table, powder room, lower-level laundry, and patio doors with direct access to the backyard. Step outside to your private backyard oasis featuring an in-ground swimming pool and patio, perfect for summer entertaining and family gatherings. The pool is currently closed for the season; listing photos and video showcase the pool while open. Additional features include a water softener, side entrance, direct access to the double-car garage, and parking for up to 6 vehicles. Conveniently located close to schools, parks, shopping, public transit and major amenities. Great opportunity to own a spacious detached home with a private pool and premium lot-come see everything this home has to to offer!

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,385
Lot Size55 ft x 110 ft
mls© NumberX13790922
Listed ByRE/MAX GOLD REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,578
Property tax
$449
Heat allowance
$150
Housing costs
$4,177 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,800
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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