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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 2 days ago

    197 SOUTHWOOD Drive

    Kitchener, ON··

    • 3 beds
    • 2 baths
    Kitchener real estate›X13603672
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    LEGAL DUPLEX in desirable Country Hills! An outstanding opportunity for investors, those who need an in-law suite already set up for multi-generational families, or buyers looking to offset mortgage costs with rental income. Ask your lender how potential income from the second unit may help increase your buying power. This spacious detached 4-level backsplit offers TWO separate 3-bedroom, 1-full bath units, plus a single garage and private outdoor spaces. The UPPER UNIT features some newer windows (2021), a bright kitchen with garden-door walkout to a private deck, and a primary bedroom with twin closets and ensuite privilege to the 4-piece bath with newer vanity, tile and toilet. The carpet-free LOWER UNIT was created/redone in 2015 and features a beautiful kitchen with modern cabinetry and twin sink, full 4-piece bath, low-maintenance laminate flooring, upgraded lower windows, and window well with a hinged leaf cover outside providing secondary egress. Sound-barrier insulation between units adds comfort and privacy. The spacious primary bedroom includes a walk-in closet plus extra storage in the adjoining cold room. A basement WALKOUT with garden doors leads to a large patio and private, fully fenced backyard-ideal for kids and pets. A shed offers extra storage options. Additional features include 200-amp service in the garage, a 100-amp lower-level panel, new AC in 2024, and newer garage door opener (2021). Enjoy a convenient Country Hills location close to schools, parks, community amenities, shopping, public transit and major commuter routes, with easy access throughout Kitchener-Waterloo and toward Highway 401. A versatile property offering space, income potential and long-term flexibility. Fully vacant and ready to rent. Improve your investment portfolio or get your start on the property ladder...book your showing today!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 24, 2026ListedCurrentFor sale$825,000 —X13603672This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 197 SOUTHWOOD Drive
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,053
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $414
    0.60% mill rate · ON
    The market

    How this home sits in the Kitchener market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Kitchener market right now

    Average sold price, days on market, and closed-transaction count for Kitchener — sourced from MLS®.

    • Avg sold price
      $698,027
      Last 30 days
    • Median sold price
      $670,000
      Middle of the market
    • Days on market
      27 d
      Avg from list to close
    • Closed last 30d
      569
      MLS® transactions
    Full Kitchener market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 197 SOUTHWOOD Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 197 SOUTHWOOD Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 197 SOUTHWOOD Drive listed for?

      197 SOUTHWOOD Drive is listed at $825,000 on the MLS® (listing X13603672). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 197 SOUTHWOOD Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 1100-1500 sqft
  2. Duplex
  3. Built 31-50
  4. Asking
    $825,000
    $0 / sqft · MLS® X13603672
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $698,027
    $642,185Confidence range$753,869
    Asking vs estimate
    ↑↑well-above
    +$126,973
    (+18.2%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Kitchener sell in about 27 days — this one has been listed 2 days.

    Avg sold price
    $698,027
    Median sold
    $670,000
    Avg days on market
    27
    Recently sold
    569
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • This spacious detached 4-level backsplit offers TWO separate 3-bedroom, 1-full bath units, plus a single garage and private outdoor spaces.
    • The spacious primary bedroom includes a walk-in closet plus extra storage in the adjoining cold room.
    • A basement WALKOUT with garden doors leads to a large patio and private, fully fenced backyard-ideal for kids and pets.
    • Enjoy a convenient Country Hills location close to schools, parks, community amenities, shopping, public transit and major commuter routes, with easy access throughout Kitchener-Waterloo and toward Highway 401.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    4
    Garage
    Built-In
    Garage spaces
    1
    Parking spaces
    3
    Driveway
    Private Double
  7. Interior

    4
    Basement
    Finished with Walk-Out, Full
    Family room
    N
    Kitchens
    1
    Total rooms
    9
  8. Exterior & construction

    4
    Exterior
    Brick, Aluminum Siding
    Roof
    Shingles
    Foundation
    Concrete
    Pool
    None
  9. Lot & land

    2
    Year built
    31-50
    Zoning
    R2A
  10. Listing & possession

    4
    Possession
    2026-07-24T00:00:00.000-00:00
    Occupancy
    IMMEDIATE-FLEXIBLE
    Property style
    Backsplit 4
    Property class
    Duplex
  11. Room-by-room · 14 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    4 rooms
    • Living Room
    • Living Room
      Combined w/Dining
      26.1 × 12.0 ft
    • Kitchen
      Eat-in Kitchen
      17.4 × 9.5 ft

    Second level

    4 rooms
    • Bedroom
      13.2 × 12.8 ft
    • Bedroom 3
      12.8 × 8.9 ft
    • Bathroom
      4 pc bath · tile floor
      13.2 × 7.3 ft
    • Bedroom 2
      9.3 × 8.8 ft

    Lower level

    3 rooms
    • Kitchen
      pantry · laminate
      10.6 × 8.8 ft
    • Living Room
      combined w/dining · walk-out
      20.9 × 15.9 ft
    • Bathroom
      4 pc bath · tile floor
      8.7 × 5.5 ft

    Basement level

    3 rooms
    • Bedroom 3
      Laminate
      9.0 × 7.2 ft
    • Bedroom 2
      Laminate
      9.4 × 8.5 ft
    • Bedroom
      walk-in closet(s) · walk-in closet(s)
      17.4 × 11.7 ft
    Combined estimate
    $4,467
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,053
    /mo
    based on the purchase price of $825,000
    $165,000 cash
    $660,000 financed
    $555,893 total interest
    Monthly payment$4,053/ month
    Principal54%$660,000
    Interest46%$555,893

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable duplexs that just sold in Kitchener

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 53 Eby Street
      Sold
      Sign in for price
      53 Eby Street
      Duplex
    • 74 Glen Park Crescent
      Sold
      Sign in for price
      74 Glen Park Crescent
      Duplex
    • 152 Homewood Avenue
      Sold
      Sign in for price
      152 Homewood Avenue
      Duplex
    • 223 Connaught Street
      Sold
      Sign in for price
      223 Connaught Street
      Duplex
    • 228 Holborn Drive
      Sold
      Sign in for price
      228 Holborn Drive
      Duplex
    • 148 Green Valley Drive
      Sold
      Sign in for price
      148 Green Valley Drive
      Duplex
    AddressBd / BaSqftSold$/sqft% of askSold
    197 SOUTHWOOD DriveThis home3 / 211,001,500$825,000ask———
    53 Eby Street5 / 21,500—
    74 Glen Park Crescent3 / 21,100—
    Sold prices are hidden under TRREB rules. to reveal them.

    More duplexs in Kitchener

    Active listings within ±20% of this asking price.

    • 193 Westheights Drive
      $699,900
      193 Westheights Drive
      Duplex 3 3
    • 136 Dunsmere Drive
      $799,000
      136 Dunsmere Drive
      Duplex 3 2
    • 805 Rockway Drive
      $899,900
      805 Rockway Drive
      Duplex 4 2
    • 33 Ruskview Road
      $699,900
      33 Ruskview Road
      Duplex 3 2
    • 154 Appalachian Crescent
      $770,000
      154 Appalachian Crescent
      Duplex 3 2
    • 127 Strathcona Crescent
      $879,900
      127 Strathcona Crescent
      Duplex 5 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of RE/MAX Solid Gold Realty (II) Ltd · displayed on Summitly per MLS® data-share rules

    197 SOUTHWOOD Drive is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was 197 SOUTHWOOD Drive built?

    197 SOUTHWOOD Drive was built in 31-50. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  17. What is the property tax for 197 SOUTHWOOD Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 197 SOUTHWOOD Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on 197 SOUTHWOOD Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $825,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has 197 SOUTHWOOD Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 197 SOUTHWOOD Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is 197 SOUTHWOOD Drive in?

    197 SOUTHWOOD Drive is in Kitchener, Kitchener. The 'Neighbourhood' section below links to the live Kitchener real estate hub with average sold price, days on market, and current inventory.

  21. Is Kitchener a good place to live?

    Kitchener is one of ON's actively-tracked Summitly markets. The full Kitchener real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  22. 152 Homewood Avenue
    5 / 2
    1,500
    —
    223 Connaught Street2 / 2700—
    228 Holborn Drive4 / 21,100—
    148 Green Valley Drive3 / 2700—