561 Veronica Dr
Kitchener, Ontario N2A 4E9
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $400at the range’s middle
- Lot
- 29.51 x 103.55 ft
- Tax a year
- $4,5692026 tax year
- Parking
- 42 attached
- Days on market
- Members
The brief
About 561 Veronica Dr
561 Veronica Dr is a 3-bedroom, 3-bathroom detached house in Kitchener, listed for sale at an asking price of $699,998 (MLS® X14145834).
Welcome to 561 Veronica Drive, a beautifully updated detached home in Kitchener's established Stanley Park neighbourhood, where thoughtful improvements and comfortable family living come together. Offering 3 bedrooms, 3 bathrooms and a fully finished basement, this home has been extensively refreshed inside and out. The updated kitchen is a standout, featuring quartz countertops, soft-close cabinetry, a floor-to-ceiling pantry, gas range, oversized Blanco undermount sink and Delta touch faucet. Updated flooring flows through the kitchen, dining and living areas, while the inviting living room features custom built-in shelving and an impressive 72-inch Napoleon electric fireplace (2025), creating the perfect space to relax or entertain. Upstairs, you'll find three bedrooms, including a spacious primary retreat with vaulted ceilings and a walk-in closet, along with the convenience of second-floor laundry. The finished basement offers additional living space, a 3-piece bathroom and updated flooring (2026), ideal for movie nights, a playroom or home office. Step outside to enjoy the fully fenced backyard, complete with a deck and pergola (2022), perfect for summer entertaining or quiet evenings outdoors. Major improvements include roof shingles (2018), front and garage doors (2020), furnace, air conditioning, ERV, humidifier, air cleaner and Wi-Fi thermostat (2020), upgraded laundry room with washer and dryer (2020), increased attic insulation (2020), kitchen updates (2023), new flooring throughout multiple levels (2023-2026) and fresh paint (2026). Conveniently located near schools, parks, walking trails, shopping and major commuter routes, this is a wonderful opportunity to enjoy an established neighbourhood without taking on a long renovation list. A thoughtfully updated home that's ready for its next chapter!
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall33/100−$975/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 42 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
- $4,569 / 2026
- MLS® number
- X14145834
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 29.51 x 103.55 ft
- Listed on
- Parking
- 2 Attached, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Municipality
- Kitchener
Building
- Size
- 1500-2000 sqft
- Construction
- Alum Siding
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc, 1 × 3pc, 1 × 2pc
- 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
- 29.51 ft
- Depth
- 103.55 ft
- Lot Size
- 29.51 x 103.55 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Dishwasher, Dryer, Garage Door Opener, Microwave, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Bathroom | 1.37 × 1.52 m | 2 Pc Bath | Main |
| Dining | 3.15 × 3.1 m | — | Main |
| Kitchen | 3.96 × 3.18 m | — | Main |
| Bathroom | 1.85 × 3.02 m | 4 Pc Bath | 2nd |
| Br | 3.71 × 3.2 m | — | 2nd |
| 2nd Br | 3.48 × 3.15 m | — | 2nd |
| Laundry | 1.63 × 2.13 m | — | 2nd |
| Primary | 4.95 × 6.53 m | Vaulted Ceiling | 2nd |
| Bathroom | 1.88 × 3.23 m | 3 Pc Bath | Bsmt |
| Cold/Cant | 1.3 × 2.95 m | — | Bsmt |
| Rec | 5.59 × 6.2 m | — | Bsmt |
| Utility | 3.58 × 1.14 m | — | Bsmt |
Listing history
Buy/sell history for 561 Veronica 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 | $699,998 | N/A | For Sale | X14145834 |
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
- $140,000
- Total mortgage amount
- $559,998
- Total interest payment
- $398,202
- Total purchase cost
- $1,098,200
- Mortgage payment
- $3,194/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
44%Monthly carrying cost
$3,575- Rent $2,600
- Shortfall $975
Rental income opens at $2,600, the median asking rent of 42 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
- $10,475
- Total land transfer tax
- $10,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $6,475
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 $699,998
- $6,000
- Ontario total
- $10,475
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
- 3,056 sq ft284 m²
- Street frontage
- 29.51 ft9 m
- Depth
- 103.55 ft31.6 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 conservation3
- A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
- 1 water-supply well recorded within 250 mFrom 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 58.5 m.250 m
- Groundwater recorded about 30.9 m below ground nearbyThe middle water level in the well records within 500 m (12 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: 3.5 km3.5 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
- 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 KUNTZ ELECTROPLATING INC., 3.0 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
- 319
- Median asking price
- $800K
- New in 7 days
- 42
- Price cuts
- 19%
Middle half: $675K to $1.05M
144 in 28 days
62 listings
This home is asking 13% 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 |
|---|---|---|
| Fairway | GRT light rail: ION light rail | 2 km |
| Block Line | GRT light rail: ION light rail | 3.1 km |
| Borden | GRT light rail: ION light rail | 3.7 km |
| Mill | GRT light rail: ION light rail | 3.9 km |
| Kitchener Market | GRT light rail: ION light rail | 4.4 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 |
|---|---|---|---|
| Howard Robertson Public SchoolWaterloo Region DSB | Public · grades JK–6 | 900 m | 67%Grade 6 average |
| Chicopee Hills Public SchoolWaterloo Region DSB | Public · grades JK–8 · French Immersion | 1.5 km | 74%Grade 6 average |
| St Aloysius Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.6 km | 63%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 5.4 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 1.5 km | 70%Grade 9 math |
| Grand River Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 2.2 km | 58%Grade 9 math |
| Notre Dame Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 2.4 km | — |
| Eastwood Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 2.5 km | 42%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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