50 Bryan Court 407, Kitchener

$467,000
50 Bryan Court 407

$467,000

New
24d
Condo Apartment1 Storey/Apt

50 Bryan Court 407, Kitchener

Total Monthly Obligation $2,863

Beds
2
Baths
1
Park
2
Sqft
700-799
DOM
24d
Score
17
Yield
4.9%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Condo Apartment
MLS® Number-X13840970
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-6-10
Taxes-$3,351 (2026)
Maintenance-$500.01/mo
Locker-Owned
Parking-2 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP REALTY SYSTEMS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stone, Vinyl Siding
Foundation-Poured Concrete
Possession-flex
Title-Residential Condo & Other

No agent assigned

Welcome to "The Oaks," a sought-after mid-rise condominium nestled in Kitchener's desirable Lackner Woods community. This beautifully maintained 4th-floor, 2-bedroom plus den suite offers a rare combination of privacy, comfort, and natural surroundings, complete with a peaceful forest view. Enjoy your morning coffee or unwind at the end of the day on your spacious, covered balcony overlooking Natchez Wood Forest, with the added luxury of no neighbours above you.Inside, pride of ownership is evident throughout. The well-appointed kitchen features an upgraded oversized granite countertop, pendant lighting, and stainless steel appliances. Modern hardwood flooring, a full 4-piece bathroom, in-suite laundry with a newer full-size LG washer and dryer, water softener, and air conditioning add to the home's comfort and convenience. Two owned parking spaces(NOT A TYPO) and a large lower-level storage locker provide exceptional added value.Set within a smoke-free building and surrounded by nature, this home is ideal for professionals, downsizers, retirees, or investors seeking a low-maintenance lifestyle. Enjoy nearby walking trails, grocery shopping, and a community pool, while benefiting from convenient access to Highway 7, the Fairway Road extension, the Expressway, Highway 401, and the Region of Waterloo International Airport. Whether you're looking for a peaceful place to call home or a lock-and-leave retreat, this turnkey opportunity offers the best of both worlds.

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

Closing Costs

Mortgage Amount
$373,600
Land Transfer Taxes$5,815
Legal Fees (Est.)
$
Total cash required for closing$100,715

Total Monthly Obligation

$2,863/mo
Mortgage $1,884
Monthly Loss $2,367
Principal$496
Interest$1,388
Property Tax$279
Condo Fees$500
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.5%0
5-Year IRR
5.2%12
10-Year IRR
7.1%
Returns Index
7.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$23,088/yr
NOI
$9,028/yr
Net Cash Flow
-$1,131/mo
Cash Margin
-58.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
26.3/ 100

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

Comparables

Properties near 50 Bryan Court 407

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