399 Queen Street S 414, Kitchener

$329,000
399 Queen Street S 414

$329,000

New
9d
Condo ApartmentApartment

399 Queen Street S 414, Kitchener

Total Monthly Obligation $2,294

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
9d
Score
19
Yield
6.6%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-X14032118
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,276 (2026)
Maintenance-$494/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Historic charm meets modern luxury at The Barra on Queen. Located on the iconic former site of Barra Castle, this bright, open-concept suite offers 1 bedroom, 1 bathroom, and 1 included parking space. Soaring 9 ft ceilings and east-facing, unobstructed private views fill the entire space with beautiful morning light. The modern kitchen is equipped with sleek quartz countertops, a centre island, stylish backsplash, and stainless steel appliances. Completing the suite is a spacious bedroom with a double-door closet, a 4-piece bathroom, and a dedicated laundry room that doubles as ideal extra storage. Residents enjoy fantastic building amenities, including a gym, party room, rooftop garden deck with an outdoor BBQ area, guest suite, bike storage, and visitor parking. Ideally situated, you are just minutes to the LRT, Kitchener GO Station, Victoria Park and its scenic lake, Grand River Hospital, Kitchener Market, Iron Horse Trail, Google Headquarters, the Innovation District, vibrant Downtown Kitchener, and the list goes on. Unique heritage, modern comfort, and total connectivity, don't miss out on this incredible opportunity!

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

Closing Costs

Mortgage Amount
$263,200
Land Transfer Taxes$3,410
Legal Fees (Est.)
$
Total cash required for closing$70,710

Total Monthly Obligation

$2,294/mo
Mortgage $1,327
Monthly Loss $1,945
Principal$349
Interest$978
Property Tax$273
Condo Fees$494
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.2%19
10-Year IRR
8.7%
Returns Index
10.8/ 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
$21,792/yr
NOI
$8,009/yr
Net Cash Flow
-$660/mo
Cash Margin
-36.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
31.7/ 100

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

Comparables

Properties near 399 Queen Street S 414

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.