
135 Watermill Street
Kitchener (Doon South), ON N2P 0G4
- 5+3Bedrooms
- 7Bathrooms
- 2Garage
- 3500–5000Sq Ft
- $9,519Tax
- 56×110 ftLot Size
- Estimated Value:$1,418,420See Free Estimate Report

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About 135 Watermill Street, Kitchener, Doon South
Summarized Description
- Exceptional corner lot in a family-friendly community
- Spacious legal duplex with 8 bedrooms and 7 bathrooms
- Versatile third-storey loft for guests or office
- Modern kitchen with elegant finishes and natural light
- Separate lower unit ideal for rental income
- Minutes from schools, parks, and essential amenities
- Over 4500 square feet of luxurious living space
- Perfect for multi-generational living or investment
Welcome to 135 Watermill Street- a truly exceptional residence that blends luxury, scale, and versatility on an oversized corner lot in one of the city's most desirable family-friendly communities. Sitting on a premium 55 x 110 foot corner lot, 8 Bedrooms (3 Master), 7 Bathrooms and over 4500 square feet of living space, this expansive legal duplex offers a rare opportunity for multi-generational living or significant rental income, all within a beautifully designed and thoughtfully upgraded home. Step into a bright and spacious main level featuring elegant finishes, soaring 9 foot ceilings, and a seamless layout. The generous living and dining areas flow effortlessly into a modern kitchen, creating a warm and inviting atmosphere perfect for hosting family and friends. Large windows throughout the home with natural light. The upper levels continue to impress with well-appointed bedrooms, including a luxurious primary retreat designed for relaxation. What truly sets this home apart is the bonus third-storey loft-a versatile and private space complete with an additional bedroom, full bathroom, and its own living area. Whether used as a guest suite, home office, or retreat for extended family, this level adds incredible functionality and value. As a legal duplex, the property features a fully self-contained separate lower unit, ideal for generating rental income or accommodating in-laws without compromising privacy. This added flexibility makes it a standout investment for both homeowners and savvy buyers looking to offset mortgage costs.Situated just minutes from the newly built River Mill Public School, trails, parks, highway 401 access and essential amenities, this home offers the perfect balance of convenience and lifestyle. With its expansive layout, premium lot, and income potential, 135 Watermill Street is a rare offering that delivers both luxury living and smart investment in one remarkable package.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $9,519
- Land Transfer Tax Fee
- $24,055
Rental Items
- Rental Equipment
- HWT
- Basement Type
- Apartment
Interior Features
- Interior Extras
- Water Heater
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Library, Park, Place Of Worship, School, School Bus Route
Building
- Building Type
- Detached
- Building Style
- 3-Storey
- Approx Age
- 6-15
Construction
- Exterior Finish
- Brick, Stone
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 55.50 ft
- Lot Depth
- 110.10 ft
Inclusions
- Inclusions
- All appliances.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5 + 3
- Washrooms
- 7
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Loft—Third level, Broadloom, Window, Balcony
- Bedroom 4—Second level, Broadloom, Walk-In Closet(s), 5 Pc Bath
- Foyer—Main level, Tile Floor, Double Doors, Closet
- Bedroom 3—Second level, Broadloom, Walk-In Closet(s), 5 Pc Bath
- Bedroom—Basement level, Hardwood Floor, Pot Lights
- Kitchen—Main level, Tile Floor, Combined w/Family, Overlooks Backyard
- Recreation—Basement level, Tile Floor, Pot Lights
- Primary Bedroom—Second level, Broadloom, Walk-In Closet(s), 5 Pc Ensuite
- Bedroom—Basement level, Hardwood Floor, Pot Lights
- Kitchen—Basement level, Tile Ceiling, Pot Lights
- Family Room—Main level, Hardwood Floor, Combined w/Kitchen, Pot Lights
- Dining Room—Main level, Hardwood Floor, Combined w/Living, Pot Lights
- Living Room—Main level, Hardwood Floor, Combined w/Dining, Pot Lights
- Bedroom 2—Second level, Broadloom, Walk-In Closet(s), 3 Pc Ensuite
- Bedroom 5—Third level, Broadloom, Walk-In Closet(s), 3 Pc Bath
Washrooms
- 2-piece, Main
- 3-piece, Second
- 5-piece, Second
- 3-piece, Third
- 3-piece, Basement
- Municipality
- Kitchener
- Neighbourhood
- Doon South
- Main cross streets
- New Dundee Road/Homer Watson
- Directions
- Watermill/George Ayres
- MLS® number
- X13645496
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-05
- Listed on
- 2026-08-06
- Days on market
- 60 days
- Possession date
- 2026-09-09
- Possession type
- Flexible
- Co-op commission
- 2.5 + HST With Thanks!
- Seller
- Listed by
- RE/MAX REAL ESTATE CENTRE INC.
Home Market Value
Current home valuation for 135 Watermill Street, Kitchener, Doon South, Kitchener, ON. Listed for $1,379,000
HOMEH Estimate
$1,418,420
Estimated Sales Range
$851,052 - $1,985,788
HOMEH Estimate for 135 Watermill Street, Kitchener, Doon South
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $879,000 over $500K
$112,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $50,637 | $38,474 | $32,820 | $0 |
=Total mortgage | $1,316,559 | $1,279,574 | $1,204,970 | $1,103,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,428monthly | $6,248monthly | $5,883monthly | $5,386monthly |
Land Transfer Tax
$24,055
$24,055
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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