245 Red Clover Court, Kitchener

$624,900
245 Red Clover Court

$624,900

Price Change
30d
Att/Row/Townhouse2-Storey

245 Red Clover Court, Kitchener

Total Monthly Obligation $3,217

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
30d
Score
20
Yield
5.1%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Att/Row/Townhouse
MLS® Number-X13818892
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-18.79 ft (front)
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,853 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Heat Pump (Electric)
Brokerage-CENTURY 21 GREEN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-89
Title-Residential Freehold

No agent assigned

Welcome to this well-maintained 2-storey townhouse in desirable West Kitchener, offering a functional layout and numerous updates throughout. The main floor features a spacious living room, dining area, updated kitchen with modern cabinetry and countertops, and a convenient powder room, with access to the fully fenced backyard. With no rear neighbour, the backyard offers added privacy and an inviting space for relaxing or entertaining. The second floor offers 3 bedrooms and a full 4-piece bathroom. The fully finished basement adds valuable additional living space and features a full bathroom, providing flexibility for a recreation room, home office, guest area, or growing family. Major updates include finished basement with full bathroom, roof, HVAC system with furnace and heat pump, kitchen and bathroom cabinetry and countertops, refrigerator, dishwasher, washer and dryer, primary bedroom and backyard-facing bedroom windows, fencing, and automatic garage door opener . Conveniently located close to schools, parks, shopping, transit, major highways, and everyday amenities, this home offers a great combination of comfort, functionality, and valuable updates.

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

Closing Costs

Mortgage Amount
$499,920
Land Transfer Taxes$8,973
Legal Fees (Est.)
$
Total cash required for closing$135,453

Total Monthly Obligation

$3,217/mo
Mortgage $2,521
Monthly Loss $2,553
Principal$663
Interest$1,857
Property Tax$321
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%35
10-Year IRR
10.6%
Returns Index
18.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$32,148/yr
NOI
$20,580/yr
Net Cash Flow
-$806/mo
Cash Margin
-30.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.7/ 100

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

Comparables

Properties near 245 Red Clover Court

Time

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Data last updated within the past 24 hours.