23 Saxony Street, Kitchener

$824,900
23 Saxony Street

$824,900

Price Change
29d
Detached2-Storey

23 Saxony Street, Kitchener

Total Monthly Obligation $4,227

Beds
4
Baths
3
Park
1
Sqft
1500-2000
DOM
29d
Score
17
Yield
4.6%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-X13822362
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-30 × 98.34 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$6,300 (2025)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Diloreto & Co.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-90+ days
Title-Residential Freehold

No agent assigned

Welcome to 23 Saxony Street, a stunning detached home in the desirable Wildflower Crossing community of Kitchener. Offering approximately 1,900 sq. ft. of living space, this home features 4 bedrooms, 3 bathrooms, and an attached 1 car garage. The bright, open-concept main floor offers a spacious layout with ample closet storage, a convenient powder room, garage access, and beautiful hardwood flooring and California shutters throughout. The modern eat-in kitchen showcases crisp white cabinetry, subway tile backsplash, quartz countertops, a centre island, and stainless steel appliances. Walk out the large sliding doors to the spacious professionally fenced backyard, a wonderful space for kids to play or relax on a summer evening. A hardwood staircase leads to the second level, featuring four generously sized bedrooms, a 4pc main bathroom, and the convenience of second-floor laundry. The spacious primary suite includes a large walk-in closet and a private 4pc ensuite. The unfinished basement is awaiting your finishing touches, transform this area to suit your needs. Nestled in the lovely Wildflower Crossing neighbourhood, ideally located minutes from Highways 7/8 & 401, Sunrise Centre, Sunfish Community Centre, top schools, parks, trails, and all prime amenities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$659,920
Land Transfer Taxes$12,973
Legal Fees (Est.)
$
Total cash required for closing$179,453

Total Monthly Obligation

$4,227/mo
Mortgage $3,327
Monthly Loss $3,352
Principal$876
Interest$2,452
Property Tax$525
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.2/ 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
$37,596/yr
NOI
$23,036/yr
Net Cash Flow
-$1,408/mo
Cash Margin
-44.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.2/ 100

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

Comparables

Properties near 23 Saxony Street

Time

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Data last updated within the past 24 hours.