1989 Ottawa Street S 64A, Kitchener

$379,900
1989 Ottawa Street S 64A

$379,900

Price Change
21d
Condo Townhouse1 Storey/Apt

1989 Ottawa Street S 64A, Kitchener

Total Monthly Obligation $2,314

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
21d
Score
21
Yield
6.2%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
12.9%
Property Type-Condo Townhouse
MLS® Number-X13857634
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-1 Storey/Apt
Building Type-Condo Townhouse
Taxes-$3,486.88 (2026)
Maintenance-$290.63/mo
Locker-None
Parking-1 - Other
Basement-None
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS ADVANTAGE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Flat
Possession-Immediate
Title-Residential Condo & Other

No agent assigned

Welcome home to 1989 Ottawa Street South. This bright and inviting 2-bedroom, 1-bathroom condo townhouse offers a comfortable, easygoing space in a convenient Kitchener location. Step inside to a welcoming open-concept living area filled with natural light, where the living room, dining space and kitchen come together to create a home that feels both spacious and connected.The kitchen is bright and functional, featuring plenty of white cabinetry, stainless steel appliances, a tile backsplash and a generous island that makes everyday meals and casual entertaining feel effortless. The living room offers plenty of room to relax, with large windows and a walkout to the private balcony.Both bedrooms are comfortable and filled with natural light, offering peaceful spaces to unwind at the end of the day. The full bathroom and convenient in-suite laundry add to the home's everyday ease.One of the highlights is the private balcony overlooking the surrounding green space. It's the kind of outdoor space where you can enjoy your morning coffee, unwind after a long day, or simply take in the view.Located in Laurentian West, this home puts shopping, parks, trails and everyday conveniences close at hand, with easy access to major routes including Highway 7/8 and Highway 401. Whether you're looking for your first home, a comfortable place to downsize, or a low-maintenance investment, this is a home that's easy to settle into and enjoy.It's comfortable, bright, practical and ready for its next chapter. Maintenance fees also include property management, snow/garbage removal. This property is being sold under Power of Sale.

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

Closing Costs

Mortgage Amount
$303,920
Land Transfer Taxes$4,174
Legal Fees (Est.)
$
Total cash required for closing$81,654

Total Monthly Obligation

$2,314/mo
Mortgage $1,532
Monthly Loss $1,910
Principal$403
Interest$1,129
Property Tax$291
Condo Fees$291
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.5%32
10-Year IRR
10.3%
Returns Index
17.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$23,520/yr
NOI
$11,794/yr
Net Cash Flow
-$550/mo
Cash Margin
-28.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
32.6/ 100

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

Comparables

Properties near 1989 Ottawa Street S 64A

Time

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Data last updated within the past 24 hours.