151 Watermill St
Kitchener, Ontario N2P 0G4
- Bedrooms
- 5
- Bathrooms
- 6
- Size
- 3,500–5,000sq ft
- Per sq ft
- $282at the range’s middle
- Lot
- 59 x 115 m
- Tax a year
- $8,6152026 tax year
- Parking
- 42 attached
- Days on market
- Members
The brief
About 151 Watermill St
151 Watermill St is a 5-bedroom, 6-bathroom detached house in Kitchener, listed for sale at an asking price of $1,199,900 (MLS® X14140716).
LUXURY LIVING AT ITS FINEST, A RARE CORNER LOT GEM: Welcome to 151 Watermill street, Kitchener! This stunning corner-lot residence in the highly desirable Doon South community. Offering an impressive 5 bedrooms, 6 bathrooms and parking for 4 vehicles (2-car garage and 2-car driveway), this remarkable home is designed for families who appreciate elegance and room to grow. Step inside to a grand, welcoming foyer and experience the beauty of 9-ft ceilings and carpet-free main-floor living. The beautifully upgraded kitchen features stylish countertops, stainless steel appliances, a chic backsplash, ample cabinetry and an oversized center island. A dedicated dining area sets the stage for family dinners and special celebrations, while the inviting living room, complete with a natural Gas fireplace, creates the perfect atmosphere to unwind. The upper level offers 4 bedrooms, including 2 luxurious primary suites. The main primary retreat boasts his-and-her walk-in closets, while every bedroom enjoys convenient bathroom access and spacious closet storage. The upper-level laundry make everyday living effortless. A spectacular 3rd-level elevates this home beyond the ordinary. Designed like an independent living suite, it features additional bedroom with a walk-in closet, a full bathroom, a comfortable sitting area and its own private balcony. Perfect for extended family or a private work-from-home sanctuary! The fully finished basement features a huge Rec room and an additional 3pc bathroom, with potential for an in-law suite or future income-generating space. Outside, enjoy your own private Fully fenced backyard, featuring composite deck and gazebo, creating the perfect setting for summer fun or peaceful evenings outdoors. Ideally located in Doon South, close to schools, parks, trails, shopping, everyday amenities and major highways, this home offers a rare opportunity that truly checks every box! Don't miss your chance, Book your private showing today!
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall13/100−$2,893/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 detached homes with 5 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,615 / 2026
- MLS® number
- X14140716
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 59 x 115 m
- Listed on
- Parking
- 2 Attached, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 3-Storey
- Municipality
- Kitchener
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 6
- Bathroom Details
- 1 × 2pc Main, 2 × 4pc 2nd, 1 × 5pc 2nd, 1 × 3pc Bsmt, 1 × 3pc 3rd
- Basement Type
- Full
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 59 m
- Depth
- 115 m
- Lot Size
- 59 x 115 m
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Carbon Monoxide Detector, Central Vac, Dishwasher, Dryer, Garage Door Opener, Range Hood, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings, Security cameras, Thermostat, Boxing pad, Bar Fridge, Curtains, curtain rods, tv mount in basement
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Bathroom | 1.3 × 1.7 m | 2 Pc Bath | Main |
| Living | 5.4 × 4.3 m | — | Main |
| Kitchen | 5.4 × 4.8 m | — | Main |
| Dining | 3.9 × 4.9 m | — | Main |
| Primary | 4.3 × 4.8 m | — | 2nd |
| 2nd Br | 2.1 × 4.4 m | — | 2nd |
| 3rd Br | 4.3 × 3.6 m | — | 2nd |
| 4th Br | 3.5 × 3.4 m | — | 2nd |
| Bathroom | 2.4 × 3.4 m | 5 Pc Ensuite | 2nd |
| Bathroom | 1.4 × 2.9 m | 4 Pc Bath | 2nd |
| Bathroom | 4.0 × 3.3 m | 4 Pc Bath | 2nd |
| Den | 4.2 × 2.7 m | — | 3rd |
| Br | 5.3 × 3.4 m | — | 3rd |
| Bathroom | 2.5 × 1.5 m | 3 Pc Bath | 3rd |
| Rec | 3.7 × 4.6 m | — | Bsmt |
| Bathroom | 2.5 × 1.5 m | 3 Pc Bath | Bsmt |
Listing history
Buy/sell history for 151 Watermill St, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,199,900 | N/A | For Sale | X14140716 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $239,980
- Total mortgage amount
- $959,920
- Total interest payment
- $682,580
- Total purchase cost
- $1,882,480
- Mortgage payment
- $5,475/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
62%Monthly carrying cost
$6,193- Rent $3,300
- Shortfall $2,893
Rental income opens at $3,300, the median asking rent of 5 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $20,473
- Total land transfer tax
- $20,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $16,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,199,900
- $15,998
- Ontario total
- $20,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 6,785 m²73,033 sq ft
- Street frontage
- 59 m194 ft
- Depth
- 115 m377 ft
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 4 water-supply wells recorded within 250 mAll were drilled for domestic use; 22 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.6 m.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (102 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.2 km9.2 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- 1 licensed pit or quarry within 2 kmThe nearest is 1.8 km away, as mapped.2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Forterra Pipe & Precast Ltd. — Cambridge Plant, 2.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Enova Power Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in Kitchener right now
- For sale now
- 337
- Median asking price
- $800K
- New in 7 days
- 45
- Price cuts
- 18%
Middle half: $670K to $1.04M
155 in 28 days
61 listings
This home is asking 50% above the median, higher than three quarters of them.
See all homes in KitchenerAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Willow River Public SchoolWaterloo Region DSB | Public · grades JK–8 | 800 m | — |
| Groh Public SchoolWaterloo Region DSB | Public · grades JK–8 · French Immersion | 800 m | 81%Grade 6 average |
| St Timothy Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 2.3 km | 80%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 5.8 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Huron Heights Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 3.9 km | 61%Grade 9 math |
| Preston High SchoolWaterloo Region DSB | Public · grades 9–12 | 5.5 km | 67%Grade 9 math |
| St Mary's High SchoolWaterloo CDSB | Catholic · grades 9–12 | 6.2 km | 48%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 6.6 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Kitchener are shown to signed-in members.