278 Thomas Slee Drive, Kitchener

$899,900
278 Thomas Slee Drive

$899,900

New
22d
Detached2-Storey

278 Thomas Slee Drive, Kitchener

Total Monthly Obligation $4,575

Beds
4
Baths
5
Park
3
Sqft
2000-2500
DOM
22d
Score
18
Yield
4.7%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-X13850044
Beds-4
Bathrooms-5
Size-2000-2500 sqft
Lot Size-60.72 × 100.25 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,837.56 (2026)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

THE ULTIMATE DOON SOUTH HOME! From the moment you arrive at 278 Thomas Slee Drive, this Doon South executive home commands attention with it's triple garage. Step past the covered porch into an expansive main level bathed in natural light, where crisp pot lighting, tailored trim work, and California shutters create an immediate sense of warmth. At the heart of the home, the kitchen is crafted for effortless hosting, boasting stainless steel appliances, a generous pantry, and a center island overlooking the open dining area. Flow naturally into the living room, where evenings are best spent gathered around the fireplace framed by a floor-to-ceiling stone feature wall. When warm weather arrives, glass sliders invite you outside to the expansive deck, a covered gazebo, and a fully fenced yard. Upstairs, the home unfolds into a private family haven centered around a second living room with soaring, airy ceilings, the ultimate retreat for movie nights, quiet reading, or homework sessions. Practicality meets luxury on the upper levels, which feature 4 spacious bedrooms, an oversized 4pc bathroom, and laundry. The primary suite serves as a tranquil end-of-day sanctuary, highlighted by a spa-inspired 5pc ensuite complete with a deep corner jacuzzi tub, separate glass-enclosed shower, and generous vanity. Downstairs, the fully finished basement delivers remarkable versatility for extended families, in-laws, or independent teenagers needing their own space. This level features a generous recreation and lounge room illuminated by recessed lighting, a crisp full bathroom, and a fully appointed second kitchen with shaker cabinetry.* With layout options to easily establish a private entrance directly through the garage.* With over 3,000sqft of meticulously planned living space, exceptional upgrades, and quick access to top-tier schools, nature trails, and Highway 401, this Doon South residence is perfect for a growing family. *Virtually Staged Photos*

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,575/mo
Mortgage $3,630
Monthly Loss $3,620
Principal$955
Interest$2,675
Property Tax$570
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.7%27
10-Year IRR
9.5%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$41,964/yr
NOI
$26,430/yr
Net Cash Flow
-$1,427/mo
Cash Margin
-40.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.4/ 100

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

Comparables

Properties near 278 Thomas Slee Drive

Time

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