457 Caryndale Drive, Kitchener

$1,448,000
457 Caryndale Drive

$1,448,000

New
4d
DetachedBungalow

457 Caryndale Drive, Kitchener

Total Monthly Obligation $6,906

Beds
5
Baths
3
Park
3
Sqft
2000-2500
DOM
4d
Score
14
Yield
3.0%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-X14094632
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-90.22 × 111.55 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$8,281 (2026)
Parking-6 - Built-In
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE WOLLE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Electric
Pool-None
Facing-West
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

EXQUISITE BUNGALOW WITH A TRIPLE GARAGE! Welcome to this impressive move-in-ready executive bungalow offering over 4,000 sq.ft. of beautifully finished living space, 3 main-floor bedrooms, 2 additional lower-level bedrooms, 3 bathrooms, and an exceptional 3-car garage. Step inside to a spacious foyer where soaring ceilings create an immediate sense of openness and elegance. The inviting main living area features a gas fireplace and is ideal for everyday living and entertaining. A second sitting room offers flexibility as a home office, den or quiet retreat, while the formal dining room is perfect for family dinners and special occasions. The main-floor primary suite is a private retreat, featuring a generous walk-in closet and beautifully renovated 5-piece ensuite with heated floors, a free-standing tub, glass shower, and high-end finishes. The fully finished lower level provides additional living space with a second fireplace, 2 spacious bedrooms, and abundant storage. Outside, enjoy the fully fenced backyard surrounded by immaculate gardens. A deck with 2 gazebos creates an inviting setting for outdoor dining, entertaining, and relaxing, complemented by a garden shed and sprinkler system. A true standout is the impressive 3-car garage with two direct-drive motor doors and ceiling height to accommodate 2 hoists, ideal for the car enthusiast or hobbyist, or for a golf simulator. Parking for 3 vehicles inside plus 3 more on an interlock driveway bordered with lighting. Security system, movie theatre projector, and screen included. Conveniently located near Hwy 401, shopping, parks, golf, and amenities. An exceptional home offering space, quality, and a lifestyle that's hard to find!

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

Closing Costs

Mortgage Amount
$1,158,400
Land Transfer Taxes$25,435
Legal Fees (Est.)
$
Total cash required for closing$316,535

Total Monthly Obligation

$6,906/mo
Mortgage $5,841
Monthly Loss $5,369
Principal$1,537
Interest$4,304
Property Tax$690
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.4%9
10-Year IRR
6.3%
Returns Index
6.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$42,948/yr
NOI
$25,872/yr
Net Cash Flow
-$3,685/mo
Cash Margin
-103.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.3/ 100

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

Comparables

Properties near 457 Caryndale 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.