147 Glen Road, Kitchener

$399,900
147 Glen Road

$399,900

New
23d
Detached1 1/2 Storey

147 Glen Road, Kitchener

Total Monthly Obligation $2,283

Beds
3
Baths
1
Park
2
Sqft
700-1100
DOM
23d
Score
25
Yield
6.8%
Cash on Cash
3.5%
Cap Rate
5.3%
5Y IRR
18.4%
10Y IRR
16.9%
Property Type-Detached
MLS® Number-X13843444
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 120 ft
Listed on site-Sep 30, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$3,543.11 (2026)
Parking-3 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE WOLLE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Quick close possible
Title-Residential Freehold

No agent assigned

Opportunity knocks! Welcome to 147 Glen Road, a charming detached home nestled in Kitchener's sought-after Forest Hill neighbourhood. Offering 3 bedrooms, 1 bathroom, and a large detached 14x 20 foot, 1.5 car garage/workshop with hydro. This well-maintained 1.5-storey home combines character, functionality, and plenty of future potential. The bright main floor features a spacious living room, a functional eat-in kitchen, a full 4-piece bathroom, and a convenient main-floor bedroom. Upstairs, two additional bedrooms provide comfortable space for family, guests, or a home office. The unfinished basement offers excellent storage, a laundry room area, and great future potential for additional living space. Outside, you'll find a covered patio that is perfect for entertaining, and a generously sized backyard with plenty of room for gardening, play, and outdoor enjoyment. Located in the heart of Forest Hill, you're just minutes from schools, shopping, parks, public transit, and quick access to the Expressway, making commuting throughout Waterloo Region a breeze. Whether you're a first-time buyer, downsizer, or investor, this is an exceptional opportunity to own a detached home in one of Kitchener's most established and family-friendly neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,283/mo
Mortgage $1,613
Monthly Loss $1,859
Principal$424
Interest$1,189
Property Tax$295
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.4%3
5-Year IRR
13.1%58
10-Year IRR
13.1%
Returns Index
30.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$27,192/yr
NOI
$16,430/yr
Net Cash Flow
-$244/mo
Cash Margin
-10.8%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
35.6/ 100

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

Comparables

Properties near 147 Glen Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.