506 Benninger Drive, Kitchener

$907,900
506 Benninger Drive

$907,900

New
29d
Detached2-Storey

506 Benninger Drive, Kitchener

Total Monthly Obligation $4,238

HausQ Valuation Report
Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
29d
Score
18
Yield
4.2%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X13822240
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-36 × 100 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,404 (2026)
Parking-3.5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE 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-6 Months From A Firm Offer
Title-Residential Freehold

No agent assigned

**FINISHED BASEMENT INCLUDED**** Where Modern Living Meets Elevated Design - Welcome to the Birchview, a stylish 1,847 sq. ft. home in Trussler West, featuring 3 bedrooms, 2.5 bathrooms, and a 1.5-car garage. Designed with modern families in mind, this model offers an open-concept layout and upgraded features throughout - blending comfort, convenience, and contemporary flair in one of Kitchener's most desirable neighbourhoods. Other models are available. 5 Appliances Included.

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

Closing Costs

Mortgage Amount
$726,320
Land Transfer Taxes$14,633
Legal Fees (Est.)
$
Total cash required for closing$197,713

Total Monthly Obligation

$4,238/mo
Mortgage $3,662
Monthly Loss $3,274
Principal$964
Interest$2,699
Property Tax$200
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.0%29
10-Year IRR
9.7%
Returns Index
15.6/ 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
$38,400/yr
NOI
$27,656/yr
Net Cash Flow
-$1,358/mo
Cash Margin
-42.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.6/ 100

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

Comparables

Properties near 506 Benninger Drive

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.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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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.