20 Fairview Avenue, Kitchener

$575,000
20 Fairview Avenue

$575,000

New
7d
Detached2-Storey

20 Fairview Avenue, Kitchener

Total Monthly Obligation $3,072

Beds
4
Baths
2
Park
5
Sqft
1500-2000
DOM
7d
Score
22
Yield
6.1%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Detached
MLS® Number-X14087236
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 130 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,531 (2025)
Parking-6 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-None
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Opportunity, character, and endless potential await! This classic 4-bedroom, 2-bath home is ready for its next chapter and offers the perfect canvas for someone with vision. Situated on a large, beautifully treed lot on a mature street just steps from downtown, this property combines an exceptional location with unlimited possibilities. The welcoming full-width covered front porch sets the tone, while inside you'll find spacious principal rooms including an eat-in kitchen, formal dining room, and a comfortable living room with a cozy wood stove. Original woodwork throughout adds warmth, charm, and timeless character that simply can't be duplicated. This home requires extensive updating but offers incredible potential to become a stunning family residence or, a potential duplex investment. The unfinished walk-up attic offers excellent potential for future living space, while an upper walk-out porch off one of the bedrooms adds even more character and charm. The true showstopper is the spectacular backyard. The oversized, beautifully treed lot provides exceptional privacy and plenty of room for gardens, entertaining, family gatherings, or simply enjoying your own peaceful outdoor retreat. Recent improvements include a new roof and eavestroughs (2022), two attic windows replaced (2022), and a new furnace (2017), providing a solid starting point for your renovation plans. Additional features include a detached garage, a long private driveway with parking for 4-5 vehicles, a covered rear entry porch, and a flexible closing date. Bring your imagination and restore this character-filled home to its full potential. Great chance for a property with this much charm, such an incredible lot, and so much opportunity come to market!

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

Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,072/mo
Mortgage $2,319
Monthly Loss $2,462
Principal$610
Interest$1,709
Property Tax$378
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.2%52
10-Year IRR
12.4%
Returns Index
26.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$22,397/yr
Net Cash Flow
-$453/mo
Cash Margin
-15.6%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
28.3/ 100

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

Comparables

Properties near 20 Fairview Avenue

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.