99 Lorraine Avenue, Kitchener

$705,000
99 Lorraine Avenue

$705,000

New
22d
DetachedSidesplit 4

99 Lorraine Avenue, Kitchener

Total Monthly Obligation $3,591

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
22d
Score
20
Yield
5.1%
Cash on Cash
-2.0%
Cap Rate
4.1%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-X13850384
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-54 × 120 ft
Listed on site-Oct 1, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$4,471.07 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE WOLLE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Welcome to the perfect 4 level home, with room for your family to grow! Highly desirable Heritage Park. Close to schools, shopping, sports fields, swimming and walking trails. This 3 bedroom,1.5 bath home has an extra shower in the laundry room and features a cozy den or tv room - currently used as a library, and a 3 season sunroom overlooking a good size backyard with mature trees for shade. Bright kitchen with dining area leads to a comfortable living room - perfect for entertaining. The upper floor has the 3 bedrooms and an updated, main 4 pc bath. Many of the principal rooms have been painted in recent years. Plenty of room for the kids to play with friends in the large rec room downstairs, and lots of room for Mom and Dad to have their space upstairs as well. Single car garage with direct access into the house makes grocery shopping nicer in bad weather. Updates include - newer main electrical panel, new roof 2025, many updated above grade windows and new furnace (9 years ago), new tankless hot water tank (3 years ago) and a new owned water softener.

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

Closing Costs

Mortgage Amount
$564,000
Land Transfer Taxes$10,575
Legal Fees (Est.)
$
Total cash required for closing$153,075

Total Monthly Obligation

$3,591/mo
Mortgage $2,844
Monthly Loss $2,843
Principal$748
Interest$2,095
Property Tax$373
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.2%37
10-Year IRR
10.7%
Returns Index
19.5/ 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
$36,300/yr
NOI
$23,699/yr
Net Cash Flow
-$869/mo
Cash Margin
-28.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.8/ 100

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

Comparables

Properties near 99 Lorraine Avenue

Time

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Data last updated within the past 24 hours.