100 Garment Street 218, Kitchener

$349,900
100 Garment Street 218

$349,900

New
6d
Condo ApartmentApartment

100 Garment Street 218, Kitchener

Total Monthly Obligation $2,628

HausQ Valuation Report
Bed+Den
3+2
Baths
1
Park
0
Sqft
700-799
DOM
6d
Score
17
Yield
6.5%
Cash on Cash
-9.0%
Cap Rate
2.7%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Condo Apartment
MLS® Number-X14090708
Bed+Den-3+2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 17, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,768.08 (2026)
Maintenance-$702.63/mo
Locker-Ensuite
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Title-Residential Condo & Other

No agent assigned

Unique & Spacious 1 Bed + 2 Den Condo with Soaring 14-Ft Ceilings in the Heart of Downtown Kitchener! A rare find offering exceptional flexibility, with two separate enclosed dens, each featuring a door-ideal for a second bedroom, home office, guest room, or additional storage. Freshly painted and move-in ready, this distinctive unit features brand-new kitchen appliances, a massive walk-in closet, custom blinds, full-size washer and dryer, upgraded vinyl flooring, and more. Enjoy unbeatable urban convenience just steps to public transit, including the ION LRT, Go Transit and VIA Rail, as well as major employers and institutions such as Google, Deloitte, KPMG, City Hall, and the University of Waterloo's Health Sciences department. Victoria Park is also nearby, offering a welcome escape into nature. Exceptional building amenities include a fitness centre, theatre room, rooftop patio with BBQs, party room, and an impressive co-working lounge with private individual offices. Internet, heating & water included in the maintenance fees. A unique opportunity to enjoy spacious, flexible living in a vibrant downtown location-this one is a must-see!

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

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,628/mo
Mortgage $1,411
Monthly Loss $2,257
Principal$371
Interest$1,040
Property Tax$314
Condo Fees$703
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.7%0
5-Year IRR
4.6%10
10-Year IRR
6.9%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$22,776/yr
NOI
$5,899/yr
Net Cash Flow
-$920/mo
Cash Margin
-48.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
28.0/ 100

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

Comparables

Properties near 100 Garment Street 218

Time

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Data last updated within the past 24 hours.