1414 King Street E 802, Kitchener

$249,900
1414 King Street E 802

$249,900

New
2d
Condo ApartmentApartment

1414 King Street E 802, Kitchener

Total Monthly Obligation $1,996

Beds
1
Baths
1
Park
2
Sqft
600-699
DOM
2d
Score
19
Yield
7.6%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-X14101820
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$1,750.09 (2025)
Maintenance-$641.87/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-Red And White Realty Inc
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Concrete
Possession-Immediate
Title-Residential Condo & Other

No agent assigned

OWN for LESS than many rentals! AFFORDABLE HOME OWNERSHIP where ALL UTILITIES ARE INCLUDED with your maintenance fees! Well established, well managed, Eastwood Community Condo. Welcome to Unit 802 at 1414 King St E in Kitchener. Updated and stylish, this beautiful one bedroom condo features in-suite laundry, lovely 4 piece bathroom, gorgeous updated kitchen with stainless steel appliances, living-dining room combo and an open balcony to watch the sun set. There is a storage locker on the 8th floor for your convenience. There is a spacious parking lot with lots of open parking. Enjoy Amazing Social Opportunities with all the amenities featuring bowling, shuffleboard, fitness, billiards, library, games room, quilting room, workshop and more. Rockway Community Centre, Rockway Gardens and Rockway Golf Course are also at your door step. TAKE ADVANTAGE OF THIS OPPORTUNITY AND COME SEE IT TODAY!

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

Closing Costs

Mortgage Amount
$199,920
Land Transfer Taxes$2,224
Legal Fees (Est.)
$
Total cash required for closing$53,704

Total Monthly Obligation

$1,996/mo
Mortgage $1,008
Monthly Loss $1,730
Principal$265
Interest$743
Property Tax$146
Condo Fees$642
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.7%0
5-Year IRR
6.3%15
10-Year IRR
8.2%
Returns Index
8.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$19,056/yr
NOI
$5,298/yr
Net Cash Flow
-$567/mo
Cash Margin
-35.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
34.4/ 100

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

Comparables

Properties near 1414 King Street E 802

Time

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Data last updated within the past 24 hours.