51 Murrayhill Court, Kitchener

$859,900
51 Murrayhill Court

$859,900

Price Change
24d
Detached2-Storey

51 Murrayhill Court, Kitchener

Total Monthly Obligation $4,311

Beds
5
Baths
3
Park
4
Sqft
2000-2500
DOM
24d
Score
19
Yield
5.1%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X13839296
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-47.65 × 112.19 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$5,609.93 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Wood
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Early-Mid November
Title-Residential Freehold

No agent assigned

Set on a serene, tree-lined court where families put down roots, 51 Murrayhill Court is the kind of address that quietly earns its reputation. This solidly built brick and siding home greets you with a double wide driveway, a double car garage complete with a handy side yard door, and an enclosed front porch that eases you into what awaits inside. Step through the main entry and the open concept main floor rolls out with modern warmth - living room, dining area, and a beautifully updated kitchen anchored by a generous island all sharing effortless sight lines. Whether you're hosting or simply keeping an eye on family time, the flow just works. Down the hall, you'll discover main-floor laundry, a two-piece powder room, and a second family room featuring a wood-burning fireplace and a walkout to the deck overlooking a fully fenced, private backyard. Upstairs, four bedrooms await, along with a four piece main bath. The primary suite steals the show at over 200 square feet - big enough for a king bed and then some - plus a spacious walk-in closet and a spa worthy five piece ensuite. The finished lower level adds even more room to breathe with a sizeable recreation area with bright windows, a fifth bedroom, a versatile private room perfect for a home office. Some updates include: Kitchen (2021), Insulation in attic and garage (2022), updated light fixtures and pot lights (2021), Main floor interior doors + hardward (2024), Electric fireplace (2021). Close to schools, parks, transit, and everyday essentials, this home blends peaceful living with unbeatable convenience. Come see why it feels so right - book your showing today.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$687,920
Land Transfer Taxes$13,673
Legal Fees (Est.)
$
Total cash required for closing$187,153

Total Monthly Obligation

$4,311/mo
Mortgage $3,469
Monthly Loss $3,398
Principal$913
Interest$2,556
Property Tax$467
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%37
10-Year IRR
10.8%
Returns Index
19.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$43,524/yr
NOI
$29,062/yr
Net Cash Flow
-$1,047/mo
Cash Margin
-28.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
21.0/ 100

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

Comparables

Properties near 51 Murrayhill Court

Time

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