
492 Ephraim Street
Kitchener, ON N2B 2C6
- 2Bedrooms
- 2Bathrooms
- 2Garage
- 700–1100Sq Ft
- $3,894Tax
- 50×150 ftLot Size
- Estimated Value:$663,500See Free Estimate Report

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About 492 Ephraim Street, Kitchener
Summarized Description
- Oversized garage with side storage and separate entrance.
- Development opportunity with duplex conversion approved.
- Open concept kitchen with granite countertops.
- Finished basement ideal for in-law suite.
- Private backyard with no rear neighbours.
- High-efficiency gas furnace and central A/C.
- Updated flooring throughout the home.
- Immediate possession available for buyers.
This inviting home sits on a deep 150-foot lot and features an impressive oversized garage measuring 30' x 18'. The insulated garage includes additional side storage, its own 100-amp electrical panel, and separate entrance, making it ideal for car enthusiasts, hobbyists, or workshop use. A concrete driveway provides parking for four or more vehicles, while the expansive tree-lined backyard with no rear neighbours offers excellent privacy. The property also presents a unique development opportunity, with full approvals and permit fees already paid to convert the home into a duplex. There is also potential to add a third unit by converting the existing garage into an Accessory Dwelling Unit (ADU), subject to municipal approvals. Inside, the open concept kitchen and dining area features granite countertops, ample cabinetry, a double door storage closet, and walk-in pantry. The bright living room offers a large wall of windows with California shutters and updated flooring. A separate entrance leads to the finished basement, complete with a three piece bathroom and excellent potential for an in-law suite or additional living space. Recent updates include new flooring (making this home carpet free), an updated main floor bathroom, and fresh paint throughout. The high-efficiency gas furnace and central A/C, fully finished basement with pot lights, and upgraded sanitary main line (2024)conveniently located close to the expressway, schools, shopping, and public transit. Immediate possession available!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,894
- Land Transfer Tax Fee
- $8,473
Rental Items
- Rental Equipment
- Hot Water Heater
- Basement Type
- Full, Partially Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Primary Bedroom - Main Floor, Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Landscaped
- Pool
- None
- Property Features
- Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, School Bus Route
- Other Structures
- Garden Shed, Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 50.08 ft
- Lot Depth
- 149.69 ft
Inclusions
- Inclusions
- Refrigerator, Stove
Exclusions
- Exclusions
- Staging items
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Bedroom—Main level
- Bathroom—Main level, 4 Pc Bath
- Recreation—Basement level, Wet Bar
- Utility Room—Basement level
- Bathroom—Basement level
Washrooms
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Kitchener
- Main cross streets
- River Rd E
- Zoning
- R2
- Directions
- River Rd E to Ephraim St
- MLS® number
- X12944924
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-15
- Listed on
- 2026-04-01
- Days on market
- 14 days
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Home Market Value
Current home valuation for 492 Ephraim Street, Kitchener, , . Listed for $599,900
HOMEH Estimate
$663,500
Estimated Sales Range
$524,165 - $802,835
HOMEH Estimate for 492 Ephraim Street, Kitchener
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 $99,900 over $500K
$34,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,580 | $16,737 | $14,278 | $0 |
=Total mortgage | $587,086 | $556,647 | $524,193 | $479,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,866monthly | $2,718monthly | $2,559monthly | $2,343monthly |
Land Transfer Tax
$8,473
$8,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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