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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14138038For SaleCondo Townhouse

3-228 Kingswood Dr

Kitchener, Ontario N2E 2K2

Map
1 / 45
3-228 Kingswood Dr, Kitchener, photo 1
Asking$554,900
Bedrooms
2+1
Bathrooms
3
Size
1,200–1,399sq ft
Per sq ft
$427at the range’s middle
Tax a year
$3,5012026 tax year
Parking
21 attached
Days on market
Members

The brief

About 3-228 Kingswood Dr

3-228 Kingswood Dr is a 2+1-bedroom, 3-bathroom condo townhouse in Kitchener, listed for sale at an asking price of $554,900 (MLS® X14138038).

Situated at the quiet end of a subdivision with a double-tiered private deck backing onto dense forest, this fully updated multi-level corner home combines nature views with modern refinements. The open-concept living and dining area features oversized windows framed by mature woodland vistas. A renovated European-inspired eat-in kitchen includes updated granite countertops and custom cabinetry (2022). Pot lighting throughout (2022). The upper level features two large bedrooms and two full baths, including a primary bedroom with a walk-in closet, a fully renovated ensuite (2026), and a dedicated den with forest views convertible to a third bedroom. A finished basement offers a large recreation room, dedicated laundry room with sink, and deep storage. Exterior upgrades include a new roof and eavestroughs (2025) plus windows replacements (2026). Complete with an attached garage and drive parking.Condo fees cover water, lawn maintenance, snow removal (walkway to the front door), roof, windows, exterior doors, garage door and building insurance.

Insights

  • Condition Score

    Good

    3 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,317/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 16 condos with 3 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,501 / 2026
MLS® number
X14138038
Board
TRREB MLS®
Property Type
Condo Townhouse
Days on market
Size
1200-1399 sqft
Listed on
Parking
1 Attached, 2 Parking
Listing brokerage: ROYAL LEPAGE ESTATE REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
2-Storey
Municipality
Kitchener

Building

Size
1200-1399 sqft
Construction
Brick

Inside

Bedrooms
2+1
Bathrooms
3
Bathroom Details
1 × 2pc Main, 1 × 3pc 2nd, 1 × 4pc 2nd
Basement Type
Finished
Kitchens
1

Parking

Garage Type
Attached
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
Yes
Den
No
Family room
No
Extras
Stove, Fridge, Built-In Dishwasher, Clothes Washer & Dryer, Garage Door Opener, Window Coverings, Air Conditioning Unit, Water Softener.
Condo maint.
$893

Rooms

RoomSizeFeaturesLevel
Foyer1.9812 × 2.1 mClosetMain
Powder Rm1.52 × 2.06 m2 Pc BathMain
Kitchen11.88 × 4.55 mGranite Counter, Stainless Steel Appl, Eat-In KitchenMain
Dining2.92 × 3.21 mCombined W/Living, Walk-Out, Large WindowMain
Living3.68 × 5.39 mCombined W/Dining, Large Window, FireplaceMain
Primary3.88 × 7.26 m4 Pc Ensuite, W/I Closet, Combined W/Den2nd
2nd Br0.47 × 5.04 mB/I Closet, Window2nd
Bathroom2.04 × 2.01 m3 Pc Bath2nd
Rec4.55 × 6.52 mAccess To Garage, Window, Combined W/LaundryBsmt

Listing history

Buy/sell history for 3-228 Kingswood Dr, Kitchener, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$554,900N/AFor SaleX14138038

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $110,980

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
$110,980
Total mortgage amount
$443,920
Total interest payment
$315,680
Total purchase cost
$870,580
Mortgage payment
$2,532/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

62%

Monthly carrying cost

$3,717
−$1,317per month
  • Rent $2,400
  • Shortfall $1,317

Rental income opens at $2,400, the median asking rent of 16 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
$7,573
Total land transfer tax
$7,573
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,573
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 $554,900
$3,098
Ontario total
$7,573

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

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 7 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 4 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 7.4 kmNearest rail line: 300 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at a household 30 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m8 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 4 m below ground nearbyThe middle water level in the well records within 500 m (51 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: 7.4 km7.4 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 300 m300 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 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 Triple M Metal LP — Kitchener, 1.6 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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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

Condos for sale in Kitchener right now

For sale now
115
Median asking price
$475K

Middle half: $410K to $530K

New in 7 days
10

45 in 28 days

Price cuts
23%

27 listings

This home is asking 17% above the median, higher than three quarters of them.

See all homes in Kitchener

Asking 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

Map and tour

Transit nearby

StationLinesDistance
Block LineGRT light rail: ION light rail1 km
MillGRT light rail: ION light rail1.2 km
BordenGRT light rail: ION light rail2.2 km
Kitchener MarketGRT light rail: ION light rail2.7 km
Kitchener GOGO Transit train: Kitchener3.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Our Lady of Grace Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8400 m58%Grade 6 average
Alpine Public SchoolWaterloo Region DSBPublic · grades JK–6550 m80%Grade 6 average
Country Hills Public SchoolWaterloo Region DSBPublic · grades JK–61.1 km56%Grade 6 average
ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61.8 km61%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Mary's High SchoolWaterloo CDSBCatholic · grades 9–12600 m48%Grade 9 math
Eastwood Collegiate InstituteWaterloo Region DSBPublic · grades 9–122.2 km42%Grade 9 math
Cameron Heights Collegiate InstituteWaterloo Region DSBPublic · grades 9–122.5 km74%Grade 9 math
École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–125 km70%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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