12 Wheat Lane, Kitchener

$435,000
12 Wheat Lane

$435,000

New
4d
Condo TownhouseStacked Townhouse

12 Wheat Lane, Kitchener

Total Monthly Obligation $2,608

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
4d
Score
20
Yield
5.9%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Condo Townhouse
MLS® Number-X14094512
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 19, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,310 (2025)
Maintenance-$377/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE HOUSE LTD
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Veneer, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to 12 Wheat Lane. It's a beautifully maintained townhouse; only 5 years new. This attractive property on the ground level is in great condition. It offers a singular story of thoughtful design and comfortable living, perfect for those seeking a modern and convenient lifestyle. The heart of this home is an open-plan kitchen, seamlessly connecting with the living room. It features sleek stainless steel appliances and a practical peninsula, creating an inviting space for both everyday living and entertaining. The two well-appointed bathrooms offer functionality and style, including a walk-in shower for a spa-like experience. This appealing residence also includes a welcoming porch, perfect for enjoying the outdoors. Discover the effortless charm and contemporary comfort that defines this inviting townhouse. Close to schools, parks, shopping, trails and more.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$348,000
Land Transfer Taxes$5,175
Legal Fees (Est.)
$
Total cash required for closing$93,675

Total Monthly Obligation

$2,608/mo
Mortgage $1,755
Monthly Loss $2,146
Principal$462
Interest$1,293
Property Tax$276
Condo Fees$377
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.9%28
10-Year IRR
9.9%
Returns Index
15.3/ 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
$25,680/yr
NOI
$12,878/yr
Net Cash Flow
-$682/mo
Cash Margin
-31.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
29.6/ 100

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

Comparables

Properties near 12 Wheat Lane

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.