192 Warren Road, Kitchener

$699,000
192 Warren Road

$699,000

New
25d
DetachedBungalow

192 Warren Road, Kitchener

Total Monthly Obligation $3,560

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
25d
Score
20
Yield
5.1%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-X13837628
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-58 × 110 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,382.04 (2025)
Parking-3 - Carport
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Red And White Realty Inc
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-flexible
Title-Residential Freehold

No agent assigned

Welcome to easy living. This well-maintained 2-bedroom, 2-bathroom bungalow offers the perfect blend of comfort, entertaining space, and low maintenance living. Designed with downsizers and retirees in mind, the property features a beautifully landscaped yard highlighted by a tranquil pond and fountain, creating a peaceful setting to relax and unwind. The showpiece of the home is the impressive covered patio-an outdoor retreat that's perfect for hosting family and friends or simply enjoying your morning coffee while listening to the rain roll in. Inside, large casement windows fill the home with natural light, while the spacious rec room provides additional space for hobbies, gatherings, or watching the big game. A detached 11.5' x 15.5' shed/workshop offers excellent storage and workspace for the hobbyist or handyman. The oversized driveway provides ample parking for guests, making entertaining effortless. Conveniently located just minutes from the hospital and only 3 minutes to Highway 401, you'll enjoy easy access to amenities while still feeling tucked away in your own private oasis. Rarely offered, this is the kind of property that allows you to spend less time maintaining and more time enjoying your home.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,560/mo
Mortgage $2,820
Monthly Loss $2,818
Principal$742
Interest$2,078
Property Tax$365
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.1%36
10-Year IRR
10.6%
Returns Index
19.1/ 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
$35,700/yr
NOI
$23,248/yr
Net Cash Flow
-$882/mo
Cash Margin
-29.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.9/ 100

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

Comparables

Properties near 192 Warren Road

Time

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