60 Edinburgh Road
, Kitchener
$699,990
Prime Location. Income Potential. Future Opportunity! Welcome to this beautifully updated mid-century bungalow in a highly desirable neighborhood! Featuring a bright open-concept layout, Additional IKEA cabinets (2024) plus royal-blue kitchen with quartz counters, stainless-steel appliances. Numerous updates throughout, including basement flooring & ceiling (2023), pot lights (2023) and concrete front entrance stairs. The lower level offers a separate entrance, full kitchen & full bathroom, with potential to convert into a duplex/second unit (subject to approvals)-an opportunity to help offset your mortgage. Enjoy a large backyard with valuable future land potential, plus proximity to The Kitchener Line GO Expansion, reputed schools, parks, Highway 401 and everyday amenities. A smart opportunity for homeowners and investors alike. Book your showing today
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,937 |
| Lot Size | 52.57 ft x 118.77 ft |
| mls© Number | X13712228 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
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%
- $3,583
- Property tax
- $328
- Heat allowance
- $150
- Housing costs
- $4,061 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,946 / mo
- Cash down
- $139,998
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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