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, Kitchener
$880,000
Well maintained, 3 +1 bdrm & 3.5 bath detached house on a quiet family-friendly court. Very functional open-concept layout; separate living and dining areas and 2-pc powder room on main floor. 2nd floor offers large Primary Bedroom with 4-pc En-suite and walk-in closet, and 2 additional good-sized bedrooms. Approximately 650 sqft Fully Finished Legal Basement with side separate entrance with 1 Bedroom, 1 Bathroom,1 kitchen, and separate additional Laundry room. Can be a great income generating potential if needed. Currently tenanted. tenant can be assumed or given a 60 day notice to vacate. Private fenced backyard perfect for outdoor entertainment. This property is close to top rating Schools, Parks, trails, Shopping centers, Highway
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,088 |
| Lot Size | 30.03 ft x 105.25 ft |
| mls© Number | X13530552 |
| Listed By | SUTTON GROUP QUANTUM REALTY 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%
- $4,504
- Property tax
- $424
- Heat allowance
- $150
- Housing costs
- $5,078 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$156,000
gross annual household income
- Payment at 4%
- $3,703 / mo
- Cash down
- $176,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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