93 Old Chicopee Drive, Kitchener

$869,900
93 Old Chicopee Drive

$869,900

New
25d
DetachedSidesplit 3

93 Old Chicopee Drive, Kitchener

Total Monthly Obligation $4,369

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
25d
Score
17
Yield
4.3%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-X13834608
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-60 × 130.33 ft
Listed on site-Sep 28, 2026
Style-Sidesplit 3
Building Type-Detached
Age-31-50
Taxes-$5,820 (2025)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Spacious, versatile and ideally located in Stanley Park, this well-maintained open-concept Side-Split offers over 2,000 sq. ft. above grade on a mature 60' x 130' lot. The distinctive multi-level layout provides generous living space, hardwood flooring and a carpet-free interior, making it well suited for families who value both comfort and flexibility. The main level features a welcoming family room centred around a wood-burning fireplace, with a gas rough-in offering future conversion potential. The nearby oversized powder room also provides potential for future main-floor laundry using existing plumbing. A few steps up, bright living and dining rooms offer plenty of space for entertaining, complemented by a generous eat-in kitchen designed for everyday family living. The upper level includes three well-proportioned bedrooms, a full main bathroom and a spacious primary suite with walk-in closet and private 4-piece ensuite. The finished lower levels add even more versatility with large above-grade windows, walkout access, a recreation room, additional bedroom, 3-piece bathroom, laundry, cold cellar, utility space and ample storage. The separate entrance and flexible layout offer excellent potential for extended family, guests, teenagers, a home office or future secondary living space, subject to applicable approvals. Outside, enjoy a deep backyard (Lot satisfies City of Kitchener requirements for a detached additional dwelling unit (ADU/backyard home). Buyer to do due-diligence), with a concrete patio, storage shed and plenty of room for entertaining, gardening or creating your own outdoor retreat. An oversized double garage adds valuable parking, storage and workspace. Close to schools, parks, trails, shopping, restaurants, transit and recreation, with convenient access to the Conestoga Expressway and Highway 401.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$695,920
Land Transfer Taxes$13,873
Legal Fees (Est.)
$
Total cash required for closing$189,353

Total Monthly Obligation

$4,369/mo
Mortgage $3,509
Monthly Loss $3,446
Principal$923
Interest$2,586
Property Tax$485
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.6%21
10-Year IRR
8.8%
Returns Index
12.0/ 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
$37,200/yr
NOI
$23,160/yr
Net Cash Flow
-$1,579/mo
Cash Margin
-50.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.6/ 100

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

Comparables

Properties near 93 Old Chicopee 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.

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Data last updated within the past 24 hours.