100 Breckenridge Drive 103, Kitchener

$279,000
100 Breckenridge Drive 103

$279,000

Price Change
10d
Condo Apartment1 Storey/Apt

100 Breckenridge Drive 103, Kitchener

Total Monthly Obligation $2,031

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
10d
Score
21
Yield
7.6%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-X14031092
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 13, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$1,589.8 (2026)
Maintenance-$573.25/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Other)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick
Roof-Flat
Foundation-Concrete
Possession-flexible
Title-Residential Condo & Other

No agent assigned

Enjoy comfortable, low-maintenance living in this beautifully refreshed ground-floor condominium offering loads of natural light, modern updates, generous living space and a private outdoor terrace. Freshly painted throughout, this inviting home features new vinyl flooring, updated trim and a bright, neutral interior that is ready to enjoy. The spacious living room offers plenty of flexibility for relaxing or entertaining, with large sliding glass doors filling the space with natural light and opening directly to your own private, fenced ground-level terrace-an ideal spot for morning coffee, outdoor dining or simply enjoying some fresh air. The functional kitchen features updated white cabinetry, ample counter space, a stylish backsplash and an adjoining dining area. The generous bedroom offers a ceiling fan, mirrored closet doors and plenty of room for your furnishings. The refreshed four-piece bathroom includes an updated vanity and shower, completing the home's clean, contemporary feel. Additional improvements include an updated 60-amp electrical panel installed in October 2026. The building has also benefited from significant mechanical upgrades, including new boilers in 2024, a water heater in 2021 and a water softener in 2025. Condo fees conveniently cover all utilities and exterior maintenance, helping make monthly expenses predictable and ownership worry-free. One outdoor parking space and on-site laundry add everyday convenience. Ideally situated in Kitchener's Heritage Park neighbourhood, close to shopping, restaurants, public transit, parks, walking trails and schools, with easy access to Fairview Park Mall, Stanley Park amenities and the expressway. A fantastic opportunity for first-time buyers, downsizers or investors seeking an updated, affordable and easy-to-maintain home in a convenient location. Some images virtually staged.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$223,200
Land Transfer Taxes$2,660
Legal Fees (Est.)
$
Total cash required for closing$59,960

Total Monthly Obligation

$2,031/mo
Mortgage $1,125
Monthly Loss $1,735
Principal$296
Interest$829
Property Tax$132
Condo Fees$573
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
9.1%29
10-Year IRR
10.2%
Returns Index
15.7/ 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
$21,180/yr
NOI
$8,193/yr
Net Cash Flow
-$443/mo
Cash Margin
-25.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo80
Risk Index
35.0/ 100

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

Comparables

Properties near 100 Breckenridge Drive 103

Time

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