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Price Change$615,000

468 Highland Road

, Kitchener

$599,000

Detached|Bungalow
2 | 2 | 4
About this home

Welcome to 468 Highland Road East, Kitchener, a beautifully updated brick bungalow with a fully finished in-law suite, perfect for the first-time buyer looking to offset their mortgage from day one. Upstairs you'll find two well sized bedrooms, one with a walkout to the backyard, an updated kitchen with tiled backsplash, a large bright living room and a fully updated main bath. While the lower level offers a self-contained space with its own entrance, a third bedroom, heated bathroom floors, and a separate laundry. This isn't a project, it's a move-in ready home with potential income built in. Outside, a double-wide driveway gives you plenty of parking, a fully fenced yard for privacy, a poured concrete pad with shed for extra storage, and the oversized backyard has room to breathe, play, or build. Located minutes from Highway 7 and close to downtown Kitchener, transit, and everyday amenities.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,065
Lot Size40 ft x 110 ft
mls© NumberX13571178
Listed BySHAW REALTY GROUP 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%
$3,066
Property tax
$255
Heat allowance
$150
Housing costs
$3,471 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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