138 WATER Street
Kitchener, Ontario
- 3 bed
- 2 bath
- Single Family
Fewer than a dozen homes enjoy this exceptional view of Victoria Park Lake, making this a truly rare opportunity in one of Kitchener’s most desirable and vibrant neighbourhoods. This charming 3-storey home blends the character of an established heritage setting with the convenience of modern updates, offering the best of old and new. Featuring 3 bedrooms and 2 bathrooms, including a loft-style primary retreat, the home is filled with character and takes full advantage of its remarkable location. Enjoy uninterrupted views of Victoria Park Lake from the party-sized front porch and second-floor balcony — ideal places to relax, entertain or simply take in one of the city’s most iconic settings. The large, private backyard offers plenty of space for entertaining, gardening or unwinding, complete with a gazebo and a peaceful sense of privacy. An oversized detached single-car garage/workshop provides excellent storage and workspace, while recent roof and furnace updates add comfort and peace of mind. Great parking is another standout feature, with room for four vehicles in the driveway plus an additional vehicle in the garage. Add in an excellent walk score, easy access to downtown Kitchener, restaurants, entertainment, trails and the park itself, and this home delivers a lifestyle that is increasingly hard to find. **Great view. Great parking. Great walkability. Character, convenience and a vibrant location — all overlooking Victoria Park Lake.**
Price History
Property
- Lot Size
- 0.12 acres
Schools
Elementary
- Courtland Avenue Public School0.9 km
Public · Waterloo Region DSB · 270 students
- St John Catholic Elementary School1 km
Catholic · Waterloo CDSB · 460 students
Grade 3 reading: 44% met the provincial standard · Grade 6 math: 43% met the provincial standard
- King Edward Public School1 km
Public · Waterloo Region DSB · 380 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 30% met the provincial standard
Secondary
- Cameron Heights Collegiate Institute1.3 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School1.3 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Bluevale Collegiate Institute3 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% 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 N2G
- Population
- 14,580
- Private dwellings
- 8,284
- Median age
- 38
- Average household size
- 1.8
- Median household income
- $62,400
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
- 1,926
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,926 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
$169,980
Estimated Monthly Payment
$4,175
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: $4,175/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
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