51 Cayley Court, Kitchener

$850,000
51 Cayley Court

$850,000

New
3d
DetachedBacksplit 5

51 Cayley Court, Kitchener

Total Monthly Obligation $4,338

Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
3d
Score
18
Yield
4.8%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X14103452
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-48.47 × 151.88 ft
Listed on site-Oct 20, 2026
Style-Backsplit 5
Building Type-Detached
Age-31-50
Taxes-$6,411 (2026)
Parking-6 - Built-In
Basement-Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Rec Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Title-Residential Freehold

No agent assigned

SPACE, STYLE & AN EXCEPTIONAL ROCKWAY LOCATION! Welcome to 51 Cayley Court, a 5-level backsplit offering over 3600 square feet of finished living space, an oversized, mature lot and a quiet court setting. Perfect for growing or extended families, this impressive home offers 4+1 bedrooms and 4 bathrooms, a bright formal living room, main floor laundry room, a separate dining room that overlooks the living room, spacious kitchen with dinette, and an inviting family room with gas fireplace and walkout to the deck and backyard. The primary bedroom is a retreat with decorative accent wall and beautifully updated ensuite. The versatile lower level offers excellent in-law opportunity with second kitchen, recreation room with gas fireplace, bedroom, full bath, and second laundry room. Hardwood and ceramic tile flooring, California shutters, durable metal roof, updated furnace (2022), and water softener are features you'll appreciate. Enjoy a fully fenced backyard with mature trees, deck, shed, and play centre for the kids. The double garage and double driveway offer parking for 6 vehicles. Steps to Rockway Golf Course and AR Kaufman YMCA, quick access to Rockway Gardens, LRT, and expressway access. ROOM FOR EVERYONE, INSIDE AND OUT!

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

Mortgage Amount
$680,000
Land Transfer Taxes$13,475
Legal Fees (Est.)
$
Total cash required for closing$184,975

Total Monthly Obligation

$4,338/mo
Mortgage $3,429
Monthly Loss $3,436
Principal$902
Interest$2,526
Property Tax$534
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$40,788/yr
NOI
$25,798/yr
Net Cash Flow
-$1,279/mo
Cash Margin
-37.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.2/ 100

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

Comparables

Properties near 51 Cayley Court

Time

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