296 Weber Street E, Kitchener

$649,999
296 Weber Street E

$649,999

New
25d
Detached1 1/2 Storey

296 Weber Street E, Kitchener

Total Monthly Obligation $3,358

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
25d
Score
20
Yield
5.3%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-X13836546
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 81.39 ft
Listed on site-Sep 28, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$4,328 (2025)
Parking-6 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Electric)
Brokerage-CORCORAN HORIZON REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric, Natural Gas
Pool-None
Facing-East
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

The updated kitchen is bright and welcoming, with stainless steel appliances, a counter and seating for two-great for casual meals or when you're hosting. The dining room is a good size and features a cozy electric fireplace and a large window that keeps the space light and airy. The living room is generously sized and centred around a second fireplace, making it a comfortable spot to relax and gather. The bedrooms are all well-sized with thoughtful updates throughout. The main bathroom includes a stand-up tiled shower with an upgraded jet faucet that gives it a spa-like feel. Upstairs, there are two additional bedrooms with large windows and plenty of storage, offering a quiet and comfortable retreat. Both the main and upper levels are carpet-free, which adds to the home's clean, easy-to-maintain feel. The partially finished lower level adds even more living space with a cozy rec room that's perfect for movie nights or a play area, along with a laundry room, 3-piece bathroom, and plenty of storage. Outside, the fully fenced backyard offers a private space to unwind, with a spacious patio for outdoor dining, a pond, and a garden filled with colourful perennials. You'll also find apple trees, strawberries, and raspberries to enjoy through the seasons. The double car garage provides lots of room for parking and storage. Located in the sought-after East Ward just steps from the Kitchener Auditorium, this home is within walking distance to parks and schools, and offers easy access to shopping, transit, and the 401 for commuters. This is a meticulously cared-for home that's been very well maintained over the years, showing clear pride of ownership throughout. **Some photos displayed are virtually staged**

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$519,999
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,975

Total Monthly Obligation

$3,358/mo
Mortgage $2,622
Monthly Loss $2,668
Principal$690
Interest$1,932
Property Tax$361
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.3%38
10-Year IRR
10.8%
Returns Index
19.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,248/yr
NOI
$21,995/yr
Net Cash Flow
-$789/mo
Cash Margin
-27.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
25.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 296 Weber Street E

Time

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