85 Duke Street W 1103, Kitchener

$349,000
85 Duke Street W 1103

$349,000

New
26d
Condo ApartmentApartment

85 Duke Street W 1103, Kitchener

Total Monthly Obligation $2,446

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
26d
Score
17
Yield
5.9%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Apartment
MLS® Number-X13832790
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 27, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,177.56 (2026)
Maintenance-$573.11/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ACE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Foundation-Brick
Possession-60-89 days
Title-Residential Condo & Other

No agent assigned

Welcome to urban living at its best in this bright and inviting 1-bedroom, 1-bathroom suite in the heart of Downtown Kitchener! Featuring approximately 510 sq. ft. of thoughtfully designed living space, this unit offers an open-concept layout, 9-ft ceilings, laminate flooring, ensuite laundry, a spacious bedroom with a large window and double closet, plus beautiful unobstructed city views. Enjoy the added convenience of an owned underground parking space, an owned locker and a private balcony.Located directly across from Kitchener City Hall and just steps from the ION LRT, restaurants, cafés, shopping and vibrant nightlife. Walk to Victoria Park, Carl Zehr Square, THEMUSEUM, Apollo Cinema, Kitchener-Waterloo Art Gallery and Centre in the Square. The Kitchener GO Station, Google offices and the Innovation District are also only minutes away.Residents enjoy 24-hour concierge service, a rooftop terrace, party room and media room. An excellent opportunity for first-time buyers, young professionals, downsizers or investors seeking comfort, convenience and an unbeatable downtown lifestyle. Move in and experience everything Downtown Kitchener has to offer!

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Closing Costs

Mortgage Amount
$279,200
Land Transfer Taxes$3,710
Legal Fees (Est.)
$
Total cash required for closing$75,010

Total Monthly Obligation

$2,446/mo
Mortgage $1,408
Monthly Loss $2,075
Principal$370
Interest$1,037
Property Tax$265
Condo Fees$573
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.6%0
5-Year IRR
4.6%10
10-Year IRR
6.8%
Returns Index
6.1/ 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
$20,424/yr
NOI
$5,927/yr
Net Cash Flow
-$914/mo
Cash Margin
-53.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo68
Risk Index
29.7/ 100

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

Comparables

Properties near 85 Duke Street W 1103

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.