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New2 days ago

44 Ruby Street

, Kitchener

$500,000

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

Welcome to 44 Ruby Street, a classic brick 1.5 storey home on a quiet street in one of Kitchener's established neighbourhoods. There are 2 bedrooms up and the owner has always used the main floor 3rd bedroom that can double as a dining room/den/office. The owners have clearly cared for this home. It has character, hardwood floors and a detached garage, and there's still plenty of room to make it your own. The covered front porch, with its stone knee wall and crisp white railings, welcomes you in and gives you a spot to enjoy the street. Inside, the bright living room has rich hardwood floors, a large front picture window, and a charming arched window detail. The 3rd bedroom can double as a dining room that is just off the living room behind glass panelled doors and carries the hardwood through. It works well for family dinners, as a flexible home office or the continued use as a bedroom. The eat-in kitchen has generous cabinetry and counter space, a double sink under a large window, and room for a table. It's ready for you to update with your own finishes. Upstairs, two bedrooms, hardwood floors and closets feel cozy and full of character. The three piece bathroom has a ceramic tile flooring and a vanity with storage. The lower level adds a panelled recreation room with space for hobbies, a home gym or storage. Outside, the interlocking stone driveway leads to the detached single car garage. The backyard is framed by mature trees. The home is close to St. Mary's General Hospital, with easy access to downtown Kitchener, shopping, parks, schools, transit and the Highland Road and Queen Street corridors. It would suit a first time buyer, a downsizer, or anyone looking for a solid home to update.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,838
Lot Size40 ft x 98 ft
mls© NumberX14085464
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%
$2,559
Property tax
$320
Heat allowance
$150
Housing costs
$3,029 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

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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