Welcome to Trinity Village Terrace, a well-maintained 1,184 sq. ft. life lease townhome located in a...

2705 KINGSWAY Drive, Kitchener, ON N2C 2T2

Detached Pending
Listed for: CAD 550,000 Listed 4 days ago
Area 0 m²
Bedrooms 2
Bathrooms 2
Views 1

Description

Welcome to Trinity Village Terrace, a well-maintained 1,184 sq. ft. life lease townhome located in an independent living community for adults 55 and older. The entire terrace community is thoughtfully designed to be wheelchair accessible, featuring wide doorways and hallways and an accessible kitchen for ease of mobility and everyday comfort. This well-designed home offers 2 bedrooms and 2 bathrooms, and includes an attached one-car garage for added convenience. The open-concept living and dining area features engineered hardwood flooring and is filled with natural light from large windows, with a walkout from the living room to the private deck and backyard, ideal for relaxing or entertaining. Both bedrooms are generously sized and feature double closets, with the primary bedroom offering a private 4-piece ensuite. Main-level laundry adds everyday convenience. The professionally finished basement adds approximately 1,115 sq. ft. of additional living space, perfect for family visits or hobbies, and includes ample storage, carpet throughout, and a 3-piece bathroom with a standing shower. Recent updates include a new furnace and air conditioning system installed within the past month. Ideally located just 2 minutes from Fairview Park and 5 minutes from Fairway Station, with pharmacies, grocery stores, and shopping nearby, this home offers a perfect blend of comfort, functionality, and accessibility.

Features & Amenities

Pool: None
Roof: Asphalt Shingle
Sewer: Sewer
County: Waterloo
Facing: South
Cooling: Central Air
Laundry
Tax Year: 2025

Property Details

Tax Assessment$3,723.84/yr

Location

2705 KINGSWAY Drive, Kitchener, ON N2C 2T2

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School Ratings

Nearby Schools

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Property Sale History

Apr 15, 2026 Listed for Sale CAD 550,000

Mortgage Calculator

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Estimated Monthly Payment CAD 2,702
Total Interest Over 25 Years CAD 370,595
Principal & Interest CAD 2,702
Property Tax CAD 310
Home Insurance (est.) CAD 138
Total Monthly CAD 3,150
Land Transfer Tax (one-time) CAD 7,475

Principal vs Interest Breakdown

Cash Flow Analysis

Property Tax CAD 3,724/year
Assessed Total CAD 550,000
Rental Income (est.) +CAD 2,200/mo
Down Payment (20%) -CAD 110,000
Monthly Payment -CAD 2,702/mo
Net Monthly Cash Flow CAD -502/mo

Comparable Sales

Comparable Sales

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Comparable Market Analysis

Comparable Market Analysis

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Property Timeline

Apr 15, 2026 Listed → ActiveProperty "Welcome to Trinity Village Terrace, a well-maintained 1,184 sq. ft. life lease townhome located in a..." was created as House.

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Public Amenities

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