60 Charles Street W 2504, Kitchener

$329,000
60 Charles Street W 2504

$329,000

New
7d
Condo ApartmentApartment

60 Charles Street W 2504, Kitchener

Total Monthly Obligation $2,235

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
7d
Score
19
Yield
6.0%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Condo Apartment
MLS® Number-X14086584
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,121.31 (2026)
Maintenance-$448.22/mo
Locker-Exclusive
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Metal/Steel Siding
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to fabulous "Charlie West", on of downtown Kitchener's most sought-after locations. Fantastically situated at the edge of Victoria Park, and right on the ION line, Charlie West is just steps away from Kitchener's innovation District. This modern styled unit boasts an open and bright layout, with floor to ceiling windows, a spacious kitchen with peninsula and a breakfast bar, a cozy living area with walkout to balcony. Building amenities include an entertainment room with catering kitchen, a landscaped BBQ terrace, a fitness area with yoga studio and more!

$
$
%
%
$
$
$
(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

$2,235/mo
Mortgage $1,327
Monthly Loss $1,886
Principal$349
Interest$978
Property Tax$260
Condo Fees$448
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
6.1%14
10-Year IRR
7.8%
Returns Index
8.5/ 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
$19,896/yr
NOI
$7,006/yr
Net Cash Flow
-$743/mo
Cash Margin
-44.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
32.0/ 100

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

Comparables

Properties near 60 Charles Street W 2504

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.