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New3 days ago

127 Spadina Road E

, Kitchener

$277,000

Detached|Bungalow
2 | 2 | 2
About this home

A great opportunity to own a bungalow in the St. Mary's District on a beautiful tree-lined street, offering 1,350 sq ft of finished living space with 2 bedrooms and 1.5 bathrooms. Being a home owner hasn't been this affordable in years - this property is a practical choice for buyers ready to make updates and add their own touches to their new home. Its functional layout suits first-time buyers, downsizers, or investors looking for an excellent price entry point with room to add value. Outside, you'll find a private, good-sized yard with a partial fence, a shed, and a carport, plus parking for two cars. Close to St. Mary's Hospital, downtown, Victoria Park, and public transit, and quick access to highways.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,086
Lot Size44 ft x 70 ft
mls© NumberX14083482
Listed ByRE/MAX TWIN CITY REALTY 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%
$1,418
Property tax
$257
Heat allowance
$150
Housing costs
$1,825 / mo

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

Down payment20% · $55,400
25-yr amortization

Income needed

$56,000

gross annual household income

Payment at 4%
$1,166 / mo
Cash down
$55,400

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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