74 Wheat Lane 37, Kitchener

$524,900
74 Wheat Lane 37

$524,900

New
28d
Condo TownhouseStacked Townhouse

74 Wheat Lane 37, Kitchener

Total Monthly Obligation $2,994

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
28d
Score
19
Yield
5.6%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Condo Townhouse
MLS® Number-X13830740
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,595 (2025)
Maintenance-$377/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Front, Shingle
Roof-Shingles
Foundation-Poured Concrete
Possession-Owner occupied
Title-Residential Condo & Other

No agent assigned

Welcome to 74 Wheat Lane, Kitchener! This beautiful ground-floor end unit offers 3 spacious bedrooms and 2 bathrooms in the highly sought-after Huron area. With no rear neighbors and a park within walking distance, this well-maintained bungalow offers a peaceful setting with exceptional convenience. The bright, open-concept layout is filled with natural light and features a spacious living room flowing seamlessly into the modern kitchen, complete with stainless steel appliances and a large adjoining breakfast flush quartz countertop, perfect for everyday living and entertaining. Three generously sized bedrooms provide comfortable space for family and guests. Enjoy the convenience of in-suite laundry, air conditioning, a water softener, and a tankless water heater for year-round comfort. Located in the friendly Huron Park neighborhood, this home is close to new public and Catholic schools, RBJ Schlegel Park, parks, trails, creeks, public transit, shopping, and everyday amenities. With easy access to Highways 7/8 and the 401, it is an excellent choice for families and commuters alike. Don't miss the opportunity to make this charming home your own. Book your personal tour today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$419,920
Land Transfer Taxes$6,973
Legal Fees (Est.)
$
Total cash required for closing$113,453

Total Monthly Obligation

$2,994/mo
Mortgage $2,117
Monthly Loss $2,437
Principal$557
Interest$1,560
Property Tax$300
Condo Fees$377
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.0%29
10-Year IRR
9.9%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$29,208/yr
NOI
$15,768/yr
Net Cash Flow
-$803/mo
Cash Margin
-33.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.6/ 100

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

Comparables

Properties near 74 Wheat Lane 37

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.

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Data last updated within the past 24 hours.