Fantastic opportunity in the highly sought-after Forest Heights neighborhood. This beautiful detached raised bungalow sits on a quiet street and offers incredible income or in-law suite potential. The bright, sun-filled main floor features a spacious living and dining area, a dedicated kitchen, 3 generous-sized bedrooms, and a 4-piece bath. The fully finished lower level boasts a separate walk-up entrance, a second complete kitchen with dining area, a massive family room, a large 4th bedroom and a 3-piece bath. Step outside to a private, fully fenced backyard perfect for entertaining. Parking is a breeze with a widened driveway accommodating up to 4 vehicles. Major updates were completed in 2019, including the roof, A/C, driveway, eavestroughs, soffits, and fascia, offering truly worry-free living! Unbeatable location just steps to parks, schools, transit, and shopping. This is a versatile, turnkey property you don't want to miss!
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,100 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 58 Homestead Pl
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Parking
4 spaces
Basement
Separate Entrance
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
58 Homestead Pl Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13688324$769,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 58 Homestead Pl Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,782
/mo
based on the purchase price of $769,900
$153,980 cash
$615,920 financed
$518,766 total interest
Principal54%$615,920
Interest46%$518,766
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Kitchener
Other 3-bed homes for sale in Kitchener around $770K.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio101.0%On average, homes sold at or above asking.
Active listings767Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 741 sales from Jul 24 – Oct 22, 2026 (573 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
58 Homestead Pl is listed at $769,900 (MLS® X13688324). Summitly updates the price as soon as the MLS® record changes.
Is $769,900 a good price for 58 Homestead Pl?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Kitchener. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 58 Homestead Pl changed?
No — 58 Homestead Pl is still listed at its original asking price of $769,900.
How many bedrooms and bathrooms does 58 Homestead Pl have?
58 Homestead Pl has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Kitchener.
Is 58 Homestead Pl close to transit?
The nearest rapid-transit station is Grand River Hospital Station (ION), about 4.8 km in a straight line. Allen Station is about 4.9 km, and Central Station is about 5.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 58 Homestead Pl?
About $3,782 a month — principal and interest on $769,900 with 20% down ($153,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 58 Homestead Pl compare with other homes in Kitchener?
Its asking price of $769,900 is about 16% above the median sold price in Kitchener over the last 90 days, $665,000, across 741 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 58 Homestead Pl been sold before?
Summitly has no earlier MLS® sale or lease of 58 Homestead Pl on record from the last two years. Older records aren't shown under TRREB rules.
Where is 58 Homestead Pl?
58 Homestead Pl is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 58 Homestead Pl been on the market?
65 days — 58 Homestead Pl was listed on August 18, 2026.
What is the price per square foot of 58 Homestead Pl?
About $700 to $1,100 per square foot: the asking price of $769,900 over the 700–1,100 sq ft the listing gives as its size range.
