229 PARKVALE Drive
Kitchener, Ontario
- 3 bed
- 3 bath
- Single Family
Welcome to this beautifully maintained FREEHOLD townhome offering a rare combination of privacy, green space, and functional living in one of Kitchener’s most family-friendly communities. With NO DIRECT NEIGHBOURS IN FRONT OR BEHIND, this home offers a setting that is hard to find in townhome living. Backing onto open green space, nearby trails, and parkland, this property delivers a comfortable lifestyle with room to relax, entertain, and enjoy the outdoors. The private backyard features a deck, patio, and open views instead of neighbouring homes directly behind you — creating a setting that feels far more open and peaceful than most townhomes in the area. Inside, the unique multi-level layout creates a natural separation of space. The bright kitchen features stainless steel appliances, GAS STOVE cooking, movable centre island, and walkout access to the backyard. The dedicated living room level offers a comfortable space for everyday living or entertaining. Upstairs you’ll find 3 generous bedrooms and a full bathroom, while the finished lower level adds incredible flexibility with a large rec room/living space and an additional FULL bathroom — ideal for guests, older children, a home office setup, or multi-generational living possibilities. Additional highlights include FREEHOLD ownership with NO CONDO FEES, attached garage with inside entry, plus extended driveway parking for a total of 3 vehicles — a rare bonus for townhome living in this area. Lovingly maintained with updates including Dishwasher (2026), Garage Door (2026), Washer & Dryer (2024), AC (2024), plus Central Vac, RO water filtration system, and pride of ownership throughout. Located close to schools, parks, trails, shopping, and everyday amenities while still offering a tucked-away feel that makes this home truly stand out in today’s market. A rare opportunity to own a well-cared-for home where lifestyle, comfort, and location come together.
Price History
Schools
Elementary
- Jean Steckle Public School0.5 km
Public · Waterloo Region DSB · 650 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 50% met the provincial standard
- St Josephine Bakhita Catholic Elementary School0.8 km
Catholic · Waterloo CDSB · 815 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 66% met the provincial standard
- Oak Creek Public School0.8 km
Public · Waterloo Region DSB · 690 students
Grade 3 reading: 60% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- Huron Heights Secondary School1.2 km
Public · Waterloo Region DSB · 1455 students
Grade 10 literacy: 88% met the provincial standard
- St Mary's High School3.4 km
Catholic · Waterloo CDSB · 2240 students
Grade 10 literacy: 94% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2R
- Population
- 18,445
- Private dwellings
- 5,835
- Median age
- 32.8
- Average household size
- 3.2
- Median household income
- $116,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,932
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,932 recorded sales of single family properties in Kitchener over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$127,800
Estimated Monthly Payment
$3,139
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,139/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $160/mo
Estimates only. Consult a financial advisor.
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