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Listed 5 months ago

199 Broadacre Drive

, Kitchener

$869,000

Freehold Townhouse|2-Storey
4 | 4 | 3
About this home

Stunning End-Unit Townhome in a Sought-After Kitchener Community! LEGAL 1 BEDROOM BASEMENT APARTMENT. Welcome to this beautifully built 2024 end-unit townhouse offering over 2700 sq ft of modern living space in one of the most desirable neighbourhoods in Kitchener, Ontario.Perfect for First-Time Homebuyers or Investors!This spacious home features 4 + 1 bedrooms and 4 washrooms (3 full + 1 powder), thoughtfully designed for comfort, functionality, and flexibility. Main Features: Bright and spacious end-unit layout with extra natural light 4 + 1 Bedrooms | 3 Full Washrooms | 1 Powder Room Over 2700 sq ft of modern living space including Finished Basement. Legal 1-Bedroom Basement Apartment with separate entrance - fully registered with the city Perfect mortgage helper or rental income opportunity Built in 2024 with modern finishes and designLocated in a newer, family-friendly subdivision, close to: Schools Parks & trails Shopping & restaurants Transit & major highways All essential amenitiesWhether you're a first-time homebuyer looking for extra income or an investor seeking strong rental potential, this property offers incredible value and opportunity.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,495
Lot Size25.26 ft x 109.25 ft
mls© NumberX12957552
Listed ByPROPERTY PLUG REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,448
Property tax
$458
Heat allowance
$150
Housing costs
$5,056 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $173,800
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,657 / mo
Cash down
$173,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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