165 Mcgarry Drive, Kitchener

$699,900
165 Mcgarry Drive

$699,900

New
7d
Detached2-Storey

165 Mcgarry Drive, Kitchener

Total Monthly Obligation $3,572

HausQ Valuation Report
Beds
4
Baths
2
Park
2
Sqft
1500-2000
DOM
7d
Score
19
Yield
4.9%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X14087518
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-45 × 115 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$4,485 (2026)
Parking-3 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick Front
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-immediate
Title-Residential Freehold

No agent assigned

Lovingly maintained by its original owner, this four-bedroom family home in desirable Forest Heights has over 2,200 square feet of living space. A charming, tumbled brick front porch welcomes you inside, where you'll discover plenty of original hardwood and thoughtful updates. An impressive family room addition features soaring ceilings, a dramatic floor-to-ceiling gas fireplace, and spectacular backyard views. A very private rear patio invites you to relax and entertain surrounded by a beautiful landscaping and spectacular gardens. The family-friendly mudroom provides a convenient drop zone for backpacks, boots and everyday essentials, while downstairs, the spacious rec room is perfect for family gatherings, movie nights and entertaining. Two dedicated workshops provide excellent versatility, with plenty of space for your hobbies and projects. This home has been exceptionally well maintained and most windows have been updated. Set in a mature and established neighbourhood, this home is exceptionally well located close to schools and parks, with plenty of nearby shopping and easy expressway access. With great fundamentals, generous living areas, a private backyard and opportunities to add your personal touches, this wonderful family home is ready for its next chapter!

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,572/mo
Mortgage $2,823
Monthly Loss $2,829
Principal$743
Interest$2,080
Property Tax$374
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.1/ 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
$34,560/yr
NOI
$22,119/yr
Net Cash Flow
-$980/mo
Cash Margin
-34.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.5/ 100

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

Comparables

Properties near 165 Mcgarry Drive

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.