119 Charlotte Place, Kitchener

$1,150,000
119 Charlotte Place

$1,150,000

New
7d
Detached2-Storey

119 Charlotte Place, Kitchener

Total Monthly Obligation $5,499

Beds
4
Baths
3
Park
3
Sqft
2000-2500
DOM
7d
Score
15
Yield
3.3%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-X14085284
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40.98 × 130 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,822.8 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Family Room, Living Room, Natural Gas
Pool-Inground, Salt
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Title-Residential Freehold

No agent assigned

Welcome to 119 Charlotte Place - a beautifully maintained 4-bedroom family home tucked away on a quiet court in one of the area's most desirable neighbourhoods. Step inside to discover spacious principal rooms, a functional family-friendly layout, and an abundance of natural light throughout. The heart of the home features an inviting kitchen overlooking the backyard, seamlessly connecting to the dining and living areas, making it perfect for everyday living and entertaining. Upstairs you'll find four generous bedrooms, including a spacious primary retreat complete with ensuite bath and ample closet space. Whether you're accomodating a growing family, working from home, or hosting guests, this home offers the flexibility and room you've been looking for. The true showstopper is the backyard. Welcome to your own Pool Oasis - a private resort-style setting designed for summer living. Featuring an inground salt water pool that's 16ft by 32ft, an expansive patio space, mature landscaping, and multiple areas for lounging and entertaining, this outdoor retreat feels like a vacation destination right at home. Imagine summer afternoons by the pool, family BBQs, and evenings spent relaxing under the stars. Located close to parks, schools shopping, and everyday amenities, 119 Charlotte Place offers the perfect blend of comfort, convenience, and lifestyle. A rare opportunity to own a family home with a true backyard escape!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$920,000
Land Transfer Taxes$19,475
Legal Fees (Est.)
$
Total cash required for closing$250,975

Total Monthly Obligation

$5,499/mo
Mortgage $4,639
Monthly Loss $4,278
Principal$1,221
Interest$3,418
Property Tax$485
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$37,584/yr
NOI
$23,503/yr
Net Cash Flow
-$2,680/mo
Cash Margin
-85.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.3/ 100

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

Comparables

Properties near 119 Charlotte Place

Time

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Data last updated within the past 24 hours.