18 Evelyn Crescent, Kitchener

$750,000
18 Evelyn Crescent

$750,000

New
2d
DetachedBungalow

18 Evelyn Crescent, Kitchener

Total Monthly Obligation $3,817

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
2d
Score
17
Yield
4.3%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-X14103738
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-54.05 × 198.2 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,006 (2026)
Parking-4 - Attached
Basement-Full, Partially Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX Solid Gold Realty (II) Ltd
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

This all-brick bungalow sits on almost 1/2 an acre and has a beautifully updated interior and absolutely nothing to do but move in. From the quaint covered front porch, step into a wide foyer that opens into a surprisingly spacious main floor. The living room is bright and welcoming, with beautifully refinished oak floors, an oversized window that opens on two sides, and custom Hunter Douglas blinds. The entire home has been upgraded with Bavarian windows and doors and Hunter Douglas blinds throughout. And then there's the kitchen. Professionally designed by Olimpia, it features beautiful white shaker cabinetry, Cambria countertops, ceramic flooring and backsplash, ahigh-end sink, soft-close dovetailed construction, and undermount lighting. It's stylish, but more importantly, it works. There's even a rough-in for a gas range if that's your preference. From the dining room, step outside and prepare to fall in love with the backyard. The double side gate provides full access to the yard, while the large shed currently houses the ride-on mower - although it has also been known to accommodate a classic car. The pressure-treated deck, cedar gazebo and gas BBQ create the perfect setup for summer dinners, drinks with friends and long evenings outside around the bonfire. Maybe one day you'll build that massive outbuilding you've always wanted. The main floor offers three bedrooms and a beautiful bathroom with a quartz countertop. Downstairs, the space really opens up. There's access from the kitchen, the side entrance and the garage, making the lower level incredibly versatile. Vinyl flooring has been in The vinyl flooring is overtop of dry core. The walls are all insulated with Roxul. The rec room is roughed in for a wet bar. The second full bathroom also includes a laundry area. The vinyl flooring is on top of dry core. The high-efficiency DC Furnace, AC, HWT all 3-years. Updated 125-amp panel, R-60 in the attic. Just steps from shopping, groceries, and walking trails.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$600,000
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$3,817/mo
Mortgage $3,025
Monthly Loss $3,021
Principal$796
Interest$2,229
Property Tax$417
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.5%21
10-Year IRR
8.7%
Returns Index
11.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$32,424/yr
NOI
$19,676/yr
Net Cash Flow
-$1,386/mo
Cash Margin
-51.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.5/ 100

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

Comparables

Properties near 18 Evelyn Crescent

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