218 Forestwood Dr
Kitchener, Ontario N2N 1B9
- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $558at the range’s middle
- Lot
- 45 x 121.32 ft
- Tax a year
- $4,1242026 tax year
- Built
- 51-99
- Parking
- 31 attached
- Days on market
- Members
The brief
About 218 Forestwood Dr
218 Forestwood Dr is a 2+1-bedroom, 2-bathroom detached house in Kitchener, listed for sale at an asking price of $725,000 (MLS® X13823618).
Beautifully Renovated Home with Private Granny Suite & Exceptional Outdoor Space Welcome to this beautifully updated and versatile home, offering a wonderful combination of renovated living spaces, flexible bedroom options, a private lower-level granny suite, and an exceptional backyard retreat. The main floor features a renovated kitchen with granite countertops, rich cherry cabinetry, and a premium Thermador chef stove. A three-way fireplace creates a warm and inviting focal point for the main living area. The updated bathroom includes a new tub and surround and a bidet, while convenient main-floor laundry adds to the home's functionality. The spacious primary bedroom offers plenty of room to relax and could potentially be converted back to three separate bedrooms, providing flexibility for a growing family or changing needs. The lower level features a separate potential granny flat with its own private entrances and key, making it ideal for extended family, guests, or additional living accommodations. The suite includes a renovated bathroom, separate laundry, and a gas fireplace, creating a comfortable and inviting space with excellent versatility. Outside, enjoy your own private backyard oasis. The new hot tub and updated wrap-around deck and fence provide the perfect setting for relaxing or entertaining, while the mature pond and established landscaping create a peaceful and very private atmosphere. The property also features a recently paved double driveway, completed in 2025, providing generous parking and excellent curb appeal. A rare opportunity to own a home offering extensive updates, flexible living arrangements, a separate potential granny suite, multiple fireplaces, convenient laundry facilities, and a beautifully private outdoor retreat.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall31/100−$1,052/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 43 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
- $4,124 / 2026
- MLS® number
- X13823618
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 45 x 121.32 ft
- Listed on
- Parking
- 1 Attached, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow-Raised
- Municipality
- Kitchener
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc, 1 × 3pc
- Basement Type
- Finished
- Kitchens
- 2
Parking
- 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
- 45 ft
- Depth
- 121.32 ft
- Lot Size
- 45 x 121.32 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 218 Forestwood 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 | $725,000 | N/A | Pc | X13823618 |
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
- $145,000
- Total mortgage amount
- $580,000
- Total interest payment
- $412,400
- Total purchase cost
- $1,137,400
- Mortgage payment
- $3,308/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$3,652- Rent $2,600
- Shortfall $1,052
Rental income opens at $2,600, the median asking rent of 43 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
- $10,975
- Total land transfer tax
- $10,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $6,975
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 $725,000
- $6,500
- Ontario total
- $10,975
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 Yossi Kaplan, MBA, Salesperson 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
- 5,459 sq ft507 m²
- Street frontage
- 45 ft13.7 m
- Depth
- 121.32 ft37 m
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 conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
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
- 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 Heroux Devtek Inc. — Heroux Devtek Kitchener, 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 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
Detached homes for sale in Kitchener right now
- For sale now
- 317
- Median asking price
- $800K
- New in 7 days
- 43
- Price cuts
- 19%
Middle half: $675K to $1.05M
142 in 28 days
61 listings
This home is asking 9% 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
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mill | GRT light rail: ION light rail | 4.2 km |
| Victoria Park | GRT light rail: ION light rail | 4.4 km |
| Central Station - Innovation District | GRT light rail: ION light rail | 4.4 km |
| Queen | GRT light rail: ION light rail | 4.5 km |
| Kitchener GO | GO Transit train: Kitchener | 4.9 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Meadowlane Public SchoolWaterloo Region DSB | Public · grades JK–6 | 150 m | 72%Grade 6 average |
| St Mark Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 500 m | 65%Grade 6 average |
| Driftwood Park Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 1 km | 81%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 3.7 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Forest Heights Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 850 m | 48%Grade 9 math |
| Resurrection Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 3 km | 57%Grade 9 math |
| Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSB | Public · grades 9–12 · French Immersion | 4.4 km | 73%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 9.1 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.