29 Roywood Street, Kitchener

$699,000
29 Roywood Street

$699,000

New
9d
Att/Row/Townhouse2-Storey

29 Roywood Street, Kitchener

Total Monthly Obligation $3,607

Beds
3
Baths
4
Park
1
Sqft
1500-2000
DOM
9d
Score
18
Yield
4.8%
Cash on Cash
-3.9%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Att/Row/Townhouse
MLS® Number-X14031146
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-19.72 × 102.51 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$4,949.12 (2026)
Parking-2 - Attached
Basement-Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-HOMERISE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30 Days
Title-Residential Freehold

No agent assigned

RARE FINISHED WALKOUT BASEMENT, one of very few on the street! This 2023-built FREE-HOLD TOWNHOUSE in Huron Park has no maintenance fees and offers 3 bedrooms, 4 bathrooms, and approximately 1,986 sq ft of finished living space: 1,606 sq ft above grade (per builder's plans) plus an approximately 380 sq ft finished walkout basement. The lower level has natural light and direct backyard access, making it ideal for a recreation room, home office, guest suite, or extended family. The main floor features 9-foot ceilings and a kitchen with quartz countertops, stainless steel appliances, and a new tile backsplash. Upstairs, the primary bedroom has a 4-piece ensuite and walk-in closet, plus two more bedrooms and convenient second-floor laundry. Recently updated with fresh paint and new flooring on the second floor. Close to Highway 401, Conestoga College, Fairview Park Mall, schools, parks, Schneider Creek Trail, GRT transit, shopping, and dining.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,607/mo
Mortgage $2,820
Monthly Loss $2,865
Principal$742
Interest$2,078
Property Tax$412
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.2/ 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
$33,684/yr
NOI
$20,866/yr
Net Cash Flow
-$1,081/mo
Cash Margin
-38.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.0/ 100

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

Comparables

Properties near 29 Roywood Street

Time

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