17 Oak Street, Kitchener

$699,000
17 Oak Street

$699,000

New
8d
Detached2-Storey

17 Oak Street, Kitchener

Total Monthly Obligation $3,630

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
8d
Score
19
Yield
5.0%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X14083668
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 132 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,230.31 (2026)
Parking-4 - None
Basement-Partial Basement, Separate Entrance, Walk-Up
Heating-Forced Air (Gas)
Brokerage-CANADIAN REAL ESTATE GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Brick, Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Perfect For Young Families, Professionals, And Urban Creators Looking To Eliminate A Stressful Commute, This Completely Freshened Up, Two-Storey Double-Brick Home At 17-A & 17-B Oak Street Kitchener, Masterfully Blends Historic Charm With Turnkey Modern Living. Situated In The Absolute Heart Of The Downtown Core's Thriving Innovation District, This Location Balances A Walk-To-Work Lifestyle With Incredible Access To Higher Education. You Are Just A Short Stroll From Google's Major Tech Hub, The University Of Waterloo Health Sciences Campus, And The Conestoga College Downtown Campus, LRT, Go Train Station, Picturesque Victoria Park Making It A Premier Spot For Forward-Thinking Professionals. Exceptionally Rare For A Downtown Property, The Home Includes Plenty Of Parking To Easily Accommodate Multiple Vehicles And Guests. The Residence Features Exceptional Curb Appeal Starting With A Welcoming Enclosed Front Porch, Which Opens Into A Bright, Airy Interior Boasting Newer Flooring Throughout. The Main Level Showcases A Beautifully Updated Kitchen Equipped With Premium Quartz Countertops, With The Entire Home Kept Perfectly Comfortable Year-Round By A Gas Furnace And Central Air Conditioning. This Level Also Offers Convenience With A Large Downstairs Bathroom Featuring A Modern Glass Shower. Upstairs, You Will Find A Highly Functional Family Layout Consisting Of Three Bedrooms, A Full Upstairs Bathroom, And A Serene Sunroom Ideal For Plant Enthusiasts. The Living Experience Extends Seamlessly Outdoors Through A Spacious Back Deck, Overlooking A Rare, Full-Sized 50' X 132' Treed And Fenced Lot Complete With A Handy Storage Shed And A Dedicated Garden Plot For Your Urban Agricultural Pursuits.R5-1R Zoning Permits A Range Of Uses, Including A Duplex Dwelling, Subject To Applicable Municipal Requirements. An Excellent Opportunity For Homeowners, Professionals, And Investors Seeking A Character-Filled Property With Future Potential In A Vibrant Downtown Location.

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%
%
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$
$
(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

$3,630/mo
Mortgage $2,820
Monthly Loss $2,888
Principal$742
Interest$2,078
Property Tax$436
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.3%31
10-Year IRR
10.0%
Returns Index
16.5/ 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
$34,920/yr
NOI
$21,698/yr
Net Cash Flow
-$1,011/mo
Cash Margin
-34.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
23.1/ 100

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

Comparables

Properties near 17 Oak Street

Time

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