- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,500–2,000sq ft
- Per sq ft
- $394at the range’s middle
- Lot
- 47 x 114 ft
- Tax a year
- $4,7802026 tax year
- Built
- 31-50
- Parking
- 31 attached
- Days on market
- Members
The brief
About 242 Southwood Dr
242 Southwood Dr is a 3-bedroom, 2-bathroom detached house in Kitchener, listed for sale at an asking price of $688,888 (MLS® X14143972).
Welcome to 242 Southwood Drive, located in the family-friendly neighbourhood of Country Hills in Kitchener! This charming 5-level side split offers a warm and inviting layout, with plenty of space for the whole family to enjoy. Featuring hardwood floors, a beautifully updated kitchen with new cabinetry, floors and back-splash. This home blends character with thoughtful updates throughout. The walkout family room has a cozy fireplace and provides easy access to he outdoors, while the spacious recreation room offers additional flexibility for entertaining, a home gym, office or family gatherings. Step outside to enjoy the two-level deck, perfect for relaxing or hosting, surrounded by mature trees on a generous, wide lot. A standout feature is the 12' x 16' detached workshop, complete with hydro, its own pony panel and insulated walls, ideal for hobbies, projects or additional workspace. Recent updates include the kitchen cabinetry, flooring, backsplash and appliances (2022), basement bathroom (2020), basement carpeting (2020), extended deck (2025), new sliding door (2026), water softener (2024), and more. Additional features include dry crawl space storage and a powered gazebo. Set in a quiet, established neighbourhood known for its mature trees, excellent schools and welcoming community, with convenient access to everyday amenities. A wonderful opportunity to enjoy space, comfort and a great neighbourhood!
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall33/100−$941/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 41 detached homes with 3 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
- $4,780 / 2026
- MLS® number
- X14143972
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 31-50
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 47 x 114 ft
- Listed on
- Parking
- 1 Attached, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- Sidesplit 5
- Municipality
- Kitchener
Building
- Size
- 1500-2000 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 3rd, 1 × 3pc Bsmt
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 2
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 47 ft
- Depth
- 114 ft
- Lot Size
- 47 x 114 ft
Additional
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Gas Stove, B/I Microwave, B/I Dishwasher, Clothing Washer & Dryer, All Existing Light Fixtures & Window Coverings, B/I TV in kitchen cabinet, Fridge & Freezer in Basement, Fireplace as is, Water Softener, Sump Pump, Backyard Shed.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 1.89 × 2.11 m | Separate Rm, Tile Floor, Wainscoting | Main |
| Family | 3.45 × 5.6 m | W/O To Deck, Gas Fireplace, hardwood floor | Main |
| Living | 4.3 × 4.57 m | hardwood floor, Large Window, Laminate | 2nd |
| Dining | 2.74 × 5.35 m | Combined W/Living, Open Concept, Laminate | 2nd |
| Kitchen | 3.19 × 4.66 m | Pot Lights, W/O To Deck, Renovated | 2nd |
| Primary | 3.66 × 4.96 m | W/I Closet, Laminate, Window | 3rd |
| Bathroom | 1.87 × 3.17 m | 4 Pc Bath, Window | 3rd |
| 2nd Br | 2.74 × 4.28 m | Broadloom, Closet, Window | 3rd |
| 3rd Br | 2.78 × 4.28 m | — | 3rd |
| Rec | 4.49 × 5.48 m | Broadloom, Window | Bsmt |
| Study | 2.72 × 3.03 m | Unfinished, Window | Bsmt |
| Bathroom | 1.75 × 1.87 m | 3 Pc Bath, Laminate | Bsmt |
Listing history
Buy/sell history for 242 Southwood Dr, 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 | $688,888 | N/A | For Sale | X14143972 |
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
- $137,778
- Total mortgage amount
- $551,110
- Total interest payment
- $391,790
- Total purchase cost
- $1,080,678
- Mortgage payment
- $3,143/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
44%Monthly carrying cost
$3,541- Rent $2,600
- Shortfall $941
Rental income opens at $2,600, the median asking rent of 41 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
- $10,253
- Total land transfer tax
- $10,253
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $6,253
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 $688,888
- $5,778
- Ontario total
- $10,253
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
- Street frontage
- 47 ft14.3 m
- Depth
- 114 ft34.7 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use. 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 34.6 m.250 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: 7.9 km7.9 km
Province of Ontario open data
Around the home2
- Nearest rail line: 810 m810 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
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Custom Foam Systems, 810 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- 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 14% below the median.
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
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Block Line | GRT light rail: ION light rail | 1.6 km |
| Fairway | GRT light rail: ION light rail | 2.6 km |
| Mill | GRT light rail: ION light rail | 2.8 km |
| Borden | GRT light rail: ION light rail | 3.7 km |
| Kitchener Market | GRT light rail: ION light rail | 4.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Country Hills Public SchoolWaterloo Region DSB | Public · grades JK–6 | 500 m | 56%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.1 km | 61%Grade 6 average |
| Blessed Sacrament Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.2 km | 71%Grade 6 average |
| Our Lady of Grace Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.4 km | 58%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Mary's High SchoolWaterloo CDSB | Catholic · grades 9–12 | 1.1 km | 48%Grade 9 math |
| Huron Heights Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 1.7 km | 61%Grade 9 math |
| Eastwood Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 3.4 km | 42%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 5 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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