3085 Kingsway Drive 13, Kitchener

$449,900
3085 Kingsway Drive 13

$449,900

Price Change
4d
Condo Apartment1 Storey/Apt

3085 Kingsway Drive 13, Kitchener

Total Monthly Obligation $2,712

HausQ Valuation Report
Beds
3
Baths
1
Park
1
Sqft
1000-1199
DOM
4d
Score
23
Yield
6.9%
Cash on Cash
0.6%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Condo Apartment
MLS® Number-X14094506
Beds-3
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,489 (2025)
Maintenance-$489.55/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Electric)
Brokerage-CENTURY 21 HERITAGE HOUSE LTD
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Discover elevated living at 3085 Kingsway drive. This thoughtfully remodelled condominium, offers a fresh perspective on comfortable, single-story living, where every detail has been carefully considered to enhance your daily experience. The brand new kitchen stands as the heart of this home, designed for both culinary exploration and effortless entertaining. It features sleek stainless steel appliances that complement its modern aesthetic, alongside a practical and stylish island, perfect for casual meals or gathering with loved ones. This inviting residence is a testament to refined design and modern functionality. Close to schools, shopping, groceries, LRT, parks, trails and more.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,712/mo
Mortgage $1,815
Monthly Loss $2,234
Principal$478
Interest$1,337
Property Tax$207
Condo Fees$490
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.1%51
10-Year IRR
12.4%
Returns Index
26.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$31,092/yr
NOI
$17,219/yr
Net Cash Flow
-$380/mo
Cash Margin
-14.7%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
30.7/ 100

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

Comparables

Properties near 3085 Kingsway Drive 13

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.