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New4 days ago

54 Fairlawn Road

, Kitchener

$719,900

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to 54 Fairlawn Rd., a bright and inviting bungalow offering plenty of space and versatility for the whole family. Step inside to an open, light-filled floor plan where the living room, dining area and kitchen flow seamlessly together, complemented by cork flooring. The kitchen features updated appliances, ample storage and plenty of prep space for everyday living and entertaining. Three bedrooms are conveniently located on the main floor, two featuring hardwood flooring. The spacious primary bedroom was added as an addition to the home, creating a quiet retreat complete with sliding doors leading directly to the backyard. An updated 3-piece bathroom features accessibility modifications and the added comfort of heated floors. A convenient mudroom/laundry area provides access to both the attached garage and side yard. The fully finished basement offers plenty of additional living space and endless possibilities, featuring a rec room, bonus room, den/office, additional bedroom and 3-piece bathroom. Step outside to a quiet backyard surrounded by beautiful, award-winning gardens filled with mature perennials, offering an impressive outdoor setting with very little maintenance required. Enjoy both a deck and patio area, perfect for relaxing, entertaining or simply taking in the gardens. The yard is partially fenced and provides a peaceful space to enjoy throughout the seasons. Completing the property is an attached single-car garage plus driveway parking for two vehicles. A wonderful bungalow offering flexible living space, beautiful outdoor surroundings and plenty of room to make it your own!

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,077
Lot Size50.9 ft x 98.69 ft
mls© NumberX13795420
Listed ByROYAL LEPAGE WOLLE REALTY

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%
$3,685
Property tax
$340
Heat allowance
$150
Housing costs
$4,175 / mo

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

Down payment20% · $143,980
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$3,029 / mo
Cash down
$143,980

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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