276 Sims Estate Drive 9, Kitchener

$880,000
276 Sims Estate Drive 9

$880,000

Price Change
21d
Condo Townhouse2-Storey

276 Sims Estate Drive 9, Kitchener

Total Monthly Obligation $5,004

Beds
2
Baths
3
Park
2
Sqft
1600-1799
DOM
21d
Score
18
Yield
5.6%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Townhouse
MLS® Number-X13854148
Beds-2
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$6,678.49 (2026)
Maintenance-$697.61/mo
Locker-None
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to the Villas of Grand Chicopee, a rarely offered boutique enclave of executive condos nestled at the foot of Chicopee Ski Hill and surrounded by walking trails, nature and the Grand River. This beautifully updated 2-bedroom Cook-built home combines a peaceful, carefree lifestyle with impressive living space, modern finishes and the rare convenience of a double-car garage and double-wide driveway. Step inside to 9-foot ceilings and a bright, open-concept main floor that has been completely transformed. New laminate flooring runs throughout the home, creating a stylish, carpet-free interior. At the heart of the main floor is the stunning renovated kitchen featuring new cabinetry, quartz countertops, stainless steel appliances, gas stove/oven, a convenient bar fridge and an incredible oversized dining island with seating for up to 8-perfect for entertaining family and friends. The spacious living room is anchored by a beautifully updated tiled fireplace feature wall, while sliding doors lead to your private backyard and patio. A refreshed powder room completes the main level. Upstairs, the massive primary bedroom offers plenty of room for a king-sized bed, sitting area and home office, along with a luxurious 5-piece ensuite featuring a soaker tub, separate glass shower and double sinks. The generous second bedroom has its own 3-piece ensuite, making it ideal for guests or family, while convenient second-floor laundry adds to the thoughtful layout. The unfinished basement offers plenty of storage, a rough-in for a future bathroom and excellent potential to create additional finished living space. With its extensively updated interior, private outdoor space, double garage and tranquil setting just steps from Chicopee Ski Hill and surrounding trails, this is a rare opportunity to enjoy executive condo living in one of the area's most distinctive communities. Don't miss your chance to call this place home, book your showing today!!!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$704,000
Land Transfer Taxes$14,075
Legal Fees (Est.)
$
Total cash required for closing$191,575

Total Monthly Obligation

$5,004/mo
Mortgage $3,550
Monthly Loss $4,070
Principal$934
Interest$2,616
Property Tax$557
Condo Fees$698
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.5/ 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
$49,536/yr
NOI
$27,133/yr
Net Cash Flow
-$1,289/mo
Cash Margin
-31.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
18.6/ 100

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

Comparables

Properties near 276 Sims Estate Drive 9

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.