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Listed 10 days ago

147 Courtland Avenue E

, Kitchener

$649,900

Detached|2-Storey
4 | 2 | 5
About this home

Exceptional "CASH FLOW" Kitchener detached just minutes from downtown, public transit, LRT, schools, and everyday amenities. This versatile home features 3 spacious bedrooms, a bright and functional main floor with in-suite laundry, and a large sunroom. One bedroom includes a private balcony, while the expansive finished attic provides additional flexible space ideal for a home office, recreation area, or storage. A major highlight is the self-contained studio-style basement living space, creating an excellent opportunity for additional rental income and enhanced cash flow potential. With multiple living areas, generous room sizes, and four parking spaces included plus an garage, this property is well-suited for investors seeking a strong cash flowing rental asset or owner-occupants looking to offset expenses. Furnace (2023), A/C (2023), upgraded panel (200 Amps) and wiring, sump pump (2025).

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,107
Lot Size35 ft x 90 ft
mls© NumberX13704240
Listed ByEXP REALTY

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%
$3,326
Property tax
$259
Heat allowance
$150
Housing costs
$3,735 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

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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