114 Pennsylvania Crescent, Kitchener

$1,599,000
114 Pennsylvania Crescent

$1,599,000

New
4d
DetachedBungalow

114 Pennsylvania Crescent, Kitchener

Total Monthly Obligation $7,810

Beds
2
Baths
3
Park
3
Sqft
2000-2500
DOM
4d
Score
13
Yield
1.7%
Cash on Cash
-17.4%
Cap Rate
0.8%
5Y IRR
2.1%
10Y IRR
4.3%
Property Type-Detached
MLS® Number-X14095042
Beds-2
Bathrooms-3
Size-2000-2500 sqft
Lot Size-67 × 101.08 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$11,824.44 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Other
Pool-None
Facing-East
Exterior-Brick, Shingle
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 Days Closing preferred
Title-Residential Freehold

No agent assigned

Set on a beautifully maintained corner lot in Deer Ridge Estates, this custom-built home offers over 4,500 square feet of living space, a rare three-car garage, and a thoughtfully designed main floor featuring two bedrooms and two full bathrooms. An exposed aggregate driveway, mature trees, and a covered front entrance create exceptional curb appeal. Step inside through full-height double French front doors to discover 9-foot ceilings, California shutters, crown moulding, and coffered ceiling details that showcase the quality of construction throughout the home.The formal dining room provides an elegant space for entertaining, while the custom Barzotti cherry kitchen features granite countertops, stone backsplash, breakfast bar, wine storage, integrated microwave, and stainless steel appliances. The adjoining cathedral great room is filled with natural light and provides a welcoming gathering space overlooking the backyard. The finished lower level extends the living space with two additional bedrooms, a full bathroom, wine cellar, custom bar, and a sprawling recreation room that offers exceptional flexibility for entertaining, hobbies, fitness, or extended family living. Outside, the stamped concrete patio offers a private outdoor retreat, while the oversized three-car garage and expansive driveway provide exceptional parking and storage. Located just minutes from Deer Ridge Golf Club, walking trails, Highway 401, and everyday amenities, this is a rare offering in one of Kitchener's most established executive communities.

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

Closing Costs

Mortgage Amount
$1,279,200
Land Transfer Taxes$28,455
Legal Fees (Est.)
$
Total cash required for closing$349,755

Total Monthly Obligation

$7,810/mo
Mortgage $6,450
Monthly Loss $6,113
Principal$1,697
Interest$4,753
Property Tax$985
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
0.5%6
Cash-on-Cash
-20.0%0
5-Year IRR
0.0%3
10-Year IRR
3.1%
Returns Index
2.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$27,576/yr
NOI
$8,494/yr
Net Cash Flow
-$5,742/mo
Cash Margin
-249.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.111
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
13.1/ 100

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

Comparables

Properties near 114 Pennsylvania Crescent

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.