51 Paulander Drive 51, Kitchener

$559,000
51 Paulander Drive 51

$559,000

New
17d
Condo Townhouse2-Storey

51 Paulander Drive 51, Kitchener

Total Monthly Obligation $3,207

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
17d
Score
19
Yield
5.7%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Condo Townhouse
MLS® Number-X13869758
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,432.37 (2026)
Maintenance-$549.32/mo
Locker-None
Parking-2 - Attached
Basement-Full, Finished
Heating-Fan Coil (Gas)
Brokerage-HOMELIFE/FUTURE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Brick
Possession-TBA
Title-Residential Condo & Other

No agent assigned

Welcome To This Beautifully Renovated Townhome In The Highly Desirable Victoria Hills Community! Move-In Ready And Thoughtfully Updated From Top To Bottom, This Stylish Home Offers Modern Finishes And Exceptional Comfort Throughout.The Stunning Custom Kitchen Features Quartz Countertops, A Contemporary Tiled Backsplash, And New Appliances, Making It The Perfect Space For Cooking And Entertaining. The Bright, Open-Concept Main Floor Is Filled With Natural Light, Creating A Warm And Inviting Atmosphere. This Home Offers 3 Spacious Bedrooms, New Flooring Throughout, Two Fully Renovated Bathrooms, A New Electrical Panel, And A Newly Finished Basement That Provides Additional Living Space For A Family Room, Home Office, Or Recreation Area. Located On A Quiet, Family-Friendly Street, You'll Enjoy Easy Access To Parks, Playgrounds, Open Green Spaces, Schools, Shopping, And All Essential Amenities. Simply Move In And Start Enjoying Everything This Exceptional Home And Welcoming Neighbourhood Have To Offer.

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

Closing Costs

Mortgage Amount
$447,200
Land Transfer Taxes$7,655
Legal Fees (Est.)
$
Total cash required for closing$120,955

Total Monthly Obligation

$3,207/mo
Mortgage $2,255
Monthly Loss $2,614
Principal$593
Interest$1,661
Property Tax$203
Condo Fees$549
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
19/ 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
$31,800/yr
NOI
$17,196/yr
Net Cash Flow
-$822/mo
Cash Margin
-31.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.3/ 100

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

Comparables

Properties near 51 Paulander Drive 51

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.