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New5 days ago

243 Edwin Street

, Kitchener

$499,900

Detached|1 1/2 Storey
3 | 1 | 4
About this home

Space, flexibility and a location families love. Tucked on a friendly, tree-lined Kitchener street, 243 Edwin Street offers 1,359 square feet of finished living space above grade, with the potential to grow to approximately 2,132 square feet once the basement is finished. The main level features a spacious primary bedroom, a bright living room with hardwood beneath the carpet, a kitchen with plenty of cabinetry, a 4-piece bath and a separate dining room that was originally a fourth bedroom and could easily be one again. Upstairs, two generously sized bedrooms give everyone their own space. The unfinished 773 square foot basement is a blank canvas for a rec room, gym, workshop or extra bedroom. Outside, enjoy a mature, fully fenced backyard, a carport that keeps your car clear of snow and ice all winter, and a private driveway with parking for four. Kids ride bikes to the park here, with schools, trails and everyday amenities close by, and quick access to downtown Kitchener, transit and the expressway. Bring your vision and make it yours.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,283
Lot Size40 ft x 110 ft
mls© NumberX13994112
Listed ByRE/MAX Solid Gold Realty (II) 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%
$2,559
Property tax
$274
Heat allowance
$150
Housing costs
$2,982 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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