127 Gay Crescent, Kitchener

$685,000
127 Gay Crescent

$685,000

New
6d
DetachedSidesplit 4

127 Gay Crescent, Kitchener

Total Monthly Obligation $3,521

Beds
3
Baths
2
Park
3
Sqft
1500-2000
DOM
6d
Score
20
Yield
5.4%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Detached
MLS® Number-X14091078
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-53 × 125.45 ft
Listed on site-Oct 17, 2026
Style-Sidesplit 4
Building Type-Detached
Age-51-99
Taxes-$4,591 (2025)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Solid Gold Realty (II) Ltd
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Title-Residential Freehold

No agent assigned

Framed by a dreamy, tree-lined street on a large lot, this completely reimagined mid-century four-level side-split is where you will want to call home. From the double-wide interlock driveway to the 2019 steel roof, every inch of this solid brick home is move-in ready and was built to stand the test of time. The covered front porch draws you into a bright foyer with direct garage access. Just off the foyer, the cozy family room anchors the main level, ready for warm winter nights spent in front of the crackling wood-burning fireplace enhanced by the sparkling granite field-stone wall. The sliding doors open to a large deck, offering seamless indoor-outdoor living under the gazebo while the kids explore their very own treehouse, all in a large green backyard. The upper levels are stunning with refinished hardwood floors, 5" baseboards, professionally painted walls, and oversized, sun-drenched vinyl windows. The custom solid-wood kitchen offers open shelving, undermount lighting, clever lazy Susans, and a breakfast peninsula. The fully renovated main bathroom has exceptional storage, double sinks and a deep soaking tub. The lower rec room features durable luxury vinyl plank flooring and bright lookout windows. From here, you have access to an absolutely massive crawl space to house all your sporting gear and seasonal decor. There is also a renovated three-piece bathroom, a dedicated fridge room, and a generous laundry room. If you are searching for a property that delivers a private, mature-tree setting, your search ends here. This is the kind of home where you comfortably plant deep roots. (8' wooden fence w/ a gate will be installed on the North side of the yard) Best of all, the location lets you leave the car behind as it is walkable to schools and amenities. This sought-after Stanley Park area is famous for the Lyle Hallman Pool, its active community center, forested walking trails, shops, restaurants, and has close access to the expressway.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$548,000
Land Transfer Taxes$10,175
Legal Fees (Est.)
$
Total cash required for closing$148,675

Total Monthly Obligation

$3,521/mo
Mortgage $2,763
Monthly Loss $2,794
Principal$727
Interest$2,036
Property Tax$383
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.0%2
5-Year IRR
10.9%42
10-Year IRR
11.3%
Returns Index
22.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$37,092/yr
NOI
$24,292/yr
Net Cash Flow
-$739/mo
Cash Margin
-23.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
24.6/ 100

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

Comparables

Properties near 127 Gay Crescent

Time

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