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465 Karn Street

, Kitchener

$399,000

Detached|Bungalow
1 | 2 | 8
About this home

Welcome to 465 Karn Street in Kitchener. This charming ranch-themed bungalow sits back from the road and offers the perfect blend of cottage living and city convenience. With parking for up to eight cars, the main level features one bedroom plus den, a 3-piece bath, a spacious family room with a cozy gas fireplace, a galley kitchen, and a separate dining area overlooking the expansive front yard. The finished basement offers a rec room (or potentially a second bedroom) with a second gas fireplace, a 4-piece bath, a laundry area, and a bonus space that can serve as a home office or craft room. Outside, you'll appreciate the covered front porch and beautifully manicured front yard, plus a private backyard oasis with two separate patio areas, multiple storage sheds, and a bunkie/playhouse. This property is a true gem for anyone looking for a private retreat in the city!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,290
Lot Size61.5 ft x 129.86 ft
mls© NumberX14034772
Listed ByROYAL LEPAGE WOLLE 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%
$2,042
Property tax
$274
Heat allowance
$150
Housing costs
$2,466 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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