122 Cyprus Dr
Kitchener, Ontario N2M 4R5
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 2,000–2,500sq ft
- Per sq ft
- $340at the range’s middle
- Lot
- 63 x 115 ft
- Tax a year
- $5,6102026 tax year
- Parking
- 51 built-in
- Days on market
- Members
The brief
About 122 Cyprus Dr
122 Cyprus Dr is a 4-bedroom, 2-bathroom detached house in Kitchener, listed for sale at an asking price of $765,000 (MLS® X14148320).
You will be impressed with this large family home located on a quiet, mature tree-lined street in desirable Forest Hills. Offering plenty of room for a growing family, this 4 bedroom, 2 bathroom home features multiple versatile living spaces and 2 additions that wrap around the in-ground pool, creating a private backyard retreat. Enjoy peace of mind with recent improvements including; new furnace and air conditioner (2023/2024), new garage door (2026), new insulation (2020), new sliding patio door (2026), pool heater and filter (2023), wood burning stove (2025). This home offers endless potential to make it your own. Just add your own personal touches and enjoy!
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall40/100−$808/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 23 detached homes with 4 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
- $5,610 / 2026
- MLS® number
- X14148320
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 63 x 115 ft
- Listed on
- Parking
- 1 Built-In, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- Sidesplit 4
- Municipality
- Kitchener
Building
- Size
- 2000-2500 sqft
- Construction
- Board & Batten
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 2pc Lower
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Built-In
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 63 ft
- Depth
- 115 ft
- Lot Size
- 63 x 115 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
- Extras
- Refrigerator, Stove, Dishwasher, Washer, Dryer, Pool Equipment, Garage Door Opener, Hot Tub.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 3.05 × 3.33 m | — | Main |
| Family | 3.35 × 3.12 m | — | Main |
| Foyer | 4.22 × 1.68 m | — | Main |
| Kitchen | 3.0 × 3.58 m | — | Main |
| Living | 4.27 × 5.26 m | — | Main |
| Bathroom | 2.21 × 2.62 m | 4 Pc Bath | 2nd |
| Br | 3.23 × 3.89 m | — | 2nd |
| Br | 3.45 × 3.4 m | — | 2nd |
| Primary | 4.5 × 3.89 m | — | 2nd |
| Bathroom | 1.96 × 1.3 m | 2 Pc Bath | Lower |
| Br | 3.18 × 3.63 m | — | Lower |
| Other | 5.72 × 3.45 m | — | Lower |
| Den | 2.44 × 4.52 m | — | Lower |
| Rec | 7.26 × 6.88 m | — | Bsmt |
| Other | 1.35 × 1.5 m | — | Bsmt |
| Utility | 3.53 × 2.34 m | — | Bsmt |
Listing history
Buy/sell history for 122 Cyprus 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 | $765,000 | N/A | For Sale | X14148320 |
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
- $153,000
- Total mortgage amount
- $612,000
- Total interest payment
- $435,300
- Total purchase cost
- $1,200,300
- Mortgage payment
- $3,491/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
38%Monthly carrying cost
$3,958- Rent $3,150
- Shortfall $808
Rental income opens at $3,150, the median asking rent of 23 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
- $11,775
- Total land transfer tax
- $11,775
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $7,775
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 $765,000
- $7,300
- Ontario total
- $11,775
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
- Street frontage
- 63 ft19.2 m
- Depth
- 115 ft35.1 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 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 m250 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: 10.0 km10 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 AirBoss of America Corp. — RUBBER SOLUTIONS DIVISION, 2.7 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 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 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 4% 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 |
|---|---|---|
| Victoria Park | GRT light rail: ION light rail | 3.1 km |
| Mill | GRT light rail: ION light rail | 3.1 km |
| Central Station - Innovation District | GRT light rail: ION light rail | 3.1 km |
| Queen | GRT light rail: ION light rail | 3.1 km |
| Kitchener GO | GO Transit train: Kitchener | 3.6 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 |
|---|---|---|---|
| St Paul Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 250 m | 71%Grade 6 average |
| Southridge Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 300 m | 59%Grade 6 average |
| Forest Hill Public SchoolWaterloo Region DSB | Public · grades JK–6 | 750 m | 54%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 3.5 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Forest Heights Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 600 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 | 3.2 km | 73%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 8.2 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.