1323 Queen Street 125, Wilmot

$479,900
1323 Queen Street 125

$479,900

New
16d
DetachedBungalow

1323 Queen Street 125, Wilmot

Total Monthly Obligation $2,528

Beds
1
Baths
1
Park
3
Sqft
< 700
DOM
16d
Score
18
Yield
3.8%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Detached
MLS® Number-X13870394
Beds-1
Bathrooms-1
Size-< 700 sqft
Lot Size-50.43 × 137.79 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,612 (2025)
Parking-3 - None
Basement-None
Heating-Water (Electric)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-Propane
Pool-None
Facing-East
Exterior-Vinyl Siding, Wood
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Septic
Possession-Flexible
Title-Residential Freehold

No agent assigned

Imagine a quiet 4 season waterfront cottage just minutes from Kitchener, tucked on a private lot near the end of a lane in the woods. This year-round, fully winterized one-bed, one-bath home suits a retired couple, a young couple, or someone seeking a peaceful retreat close to the city. A double, tiered deck overlooks the water and provides an amazing spot for wildlife viewing-ospreys, bald eagles, snapping turtles, and migratory birds are often seen! Fish from the shore or paddle at sunset. The property includes a powered shed for storage or small workshop, and offers a rural lifestyle but close to everything while living a relaxed lakeside vibe without a long drive north.

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

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,528/mo
Mortgage $1,936
Monthly Loss $2,019
Principal$509
Interest$1,426
Property Tax$218
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.9%11
10-Year IRR
6.7%
Returns Index
6.7/ 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
$18,000/yr
NOI
$9,088/yr
Net Cash Flow
-$1,178/mo
Cash Margin
-78.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
29.2/ 100

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

Comparables

Properties near 1323 Queen Street 125

Time

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