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498 BANKSIDE Drive, Kitchener, ON N2N 3J3

3+1 beds · 4 baths · 1+1 kitchens · 6+1 rooms · 3 parking spaces · 1100-1500 sq ft · Laundry on the lower level level · Att/Row/Townhouse
$749,000
Property tax
$3,424 / year

End Unit feels like Semi, Finished Walkout Basement and Ravine Lot, Welcome to 498 Bankside Drive an impeccably renovated 3+1 bedroom corner townhouse that masterfully combines modern elegance with functional living. This home boasts a host of luxurious upgrades, including brand-new appliances, a state-of-the-art AC system, and energy-efficient windows backed by a 25-year warranty, ensuring unparalleled comfort and peace of mind. The fully finished walk-out basement, featuring a separate entrance, offers endless possibilities from additional living space to an ideal in-law suite. Inside, you'll be captivated by the expansive, freshly updated interior that effortlessly flows from room to room, each bathed in natural light thanks to the home's corner lot position. The private backyard oasis is perfect for both relaxation and entertaining, and the thoughtfully designed storage shed is ideal for all your tools and outdoor essentials. Nestled in the highly coveted Beechwood Forest neighborhood, this home enjoys the added benefit of backing onto serene greenspace with no rear neighbors. Experience the tranquility and privacy, while still being just minutes from top-rated schools, parks, shopping, and convenient access to Hwy 401 for easy commuting. With every detail meticulously designed, this move-in-ready gem is a rare find. Seize the opportunity to call this exceptional home yours schedule your private tour today!

MLS number
X13106060
Type
Att/Row/Townhouse
Status
Active
Bedrooms
4
Bathrooms
4
Postal code
N2N 3J3
Photos
46
Laundry
Lower Level level
128days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 6 times.

Sale history is for registered usersSee what this address sold for and when, across all 6 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Sandhills Public School
Waterloo Region DSB
Elementary637 m7.3 / 10
73% met the standard
John Darling Public School
Waterloo Region DSB
Elementary768 m8.6 / 10
86% met the standard
St Dominic Savio Catholic Elementary School
Waterloo CDSB
Elementary895 m8.0 / 10
80% met the standard
Westheights Public School
Waterloo Region DSB
Elementary1.1 kmNot reported
Driftwood Park Public School
Waterloo Region DSB
Elementary1.4 km7.7 / 10
77% met the standard
Resurrection Catholic Secondary School
Waterloo CDSB
Secondary1.6 km7.4 / 10
74% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Att/Row/Townhouses in Kitchener335 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$619k$687k$755k20252026this home’s asking price
$626klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
99%100%102%20252026the asking price
101%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
0d9d19d20252026
15dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among att/row/townhouses in kitchener. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,685 people.

$123,000Median household income
95%Own their home
83.5%Detached houses
38.8Median age
42%Born outside Canada
22.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300877 — the few blocks around this address, home to 1,685 people. It describes the area, not this property.

1,685Population
38.3Average age
3.3Household size
$130,000Average household income
$123,000Median household income
95%Own their home
5%Rent
0%Condominiums
42%Born outside Canada
22%University degree
$672,000Average home value
4%Low income
30%Not in the labour force
29%Never married
$20,000 to $24,9991%
$25,000 to $29,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9992%
$50,000 to $59,9992%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over40%
$100,000 to $124,9999%
$125,000 to $149,99911%
$150,000 to $199,99912%
$200,000 and over7%

Percentages are of the 835 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$149,800 · minimum here is $49,900
$3,316.41per month
Borrowed before insurance$599,200
Total borrowed$599,200
Interest over 25 years at 4.5%$395,723

If you rented it out

-$3,601.74per month out of pocket
Rent$0.00
Everything it costs to hold$3,601.74
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX REAL ESTATE CENTRE INC.. Listing data provided by the Toronto Regional Real Estate Board.