127 Spadina Road E, Kitchener

$277,000
127 Spadina Road E

$277,000

New
8d
DetachedBungalow

127 Spadina Road E, Kitchener

Total Monthly Obligation $1,750

Beds
2
Baths
2
Park
1
Sqft
700-1100
DOM
8d
Score
29
Yield
8.1%
Cash on Cash
7.5%
Cap Rate
6.2%
5Y IRR
21.6%
10Y IRR
19.6%
Property Type-Detached
MLS® Number-X14083482
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-44 × 70 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,086 (2026)
Parking-2 - Carport
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding, Other
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

A great opportunity to own a bungalow in the St. Mary's District on a beautiful tree-lined street, offering 1,350 sq ft of finished living space with 2 bedrooms and 1.5 bathrooms. Being a home owner hasn't been this affordable in years - this property is a practical choice for buyers ready to make updates and add their own touches to their new home. Its functional layout suits first-time buyers, downsizers, or investors looking for an excellent price entry point with room to add value. Outside, you'll find a private, good-sized yard with a partial fence, a shed, and a carport, plus parking for two cars. Close to St. Mary's Hospital, downtown, Victoria Park, and public transit, and quick access to highways.

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

Closing Costs

Mortgage Amount
$221,600
Land Transfer Taxes$2,630
Legal Fees (Est.)
$
Total cash required for closing$59,530

Total Monthly Obligation

$1,750/mo
Mortgage $1,117
Monthly Loss $1,455
Principal$294
Interest$823
Property Tax$257
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%33
Cash-on-Cash
-1.4%6
5-Year IRR
14.8%70
10-Year IRR
14.6%
Returns Index
36.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 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
$22,428/yr
NOI
$12,599/yr
Net Cash Flow
-$67/mo
Cash Margin
-3.6%2
Cash Flow Index
2.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9422
LTV Ratio
80.0%18
Vacancy Buffer
5.4 mo87
Risk Index
42.7/ 100

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

Comparables

Properties near 127 Spadina Road E

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.