2705 KINGSWAY Drive 36, Kitchener

$515,000
2705 KINGSWAY Drive 36

$515,000

New
28d
Att/Row/TownhouseBungalow

2705 KINGSWAY Drive 36, Kitchener

Total Monthly Obligation $2,763

Beds
2
Baths
2
Park
1
Sqft
1100-1500
DOM
28d
Yield
5.8%
Cash on Cash
-0.0%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.6%
Property Type-Att/Row/Townhouse
MLS® Number-X13835952
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$3,723.84 (2026)
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Elevate Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Title-Residential Freehold

No agent assigned

Client RemarksWelcome to Trinity Village Terrace, a well-maintained 1,184 sq. ft. life lease townhome located in an independent living community for adults 55 and older. The entire terrace community is thoughtfully designed to be wheelchair accessible, featuring wide doorways and hallways and an accessible kitchen for ease of mobility and everyday comfort. This well-designed home offers 2 bedrooms and 2 bathrooms, and includes an attached one-car garage for added convenience. The open-concept living and dining area features engineered hardwood flooring and is filled with natural light from large windows, with a walkout from the living room to the private deck and backyard, ideal for relaxing or entertaining. Both bedrooms are generously sized and feature double closets, with the primary bedroom offering a private 4-piece ensuite. Main-level laundry adds everyday convenience. The professionally finished basement adds approximately 1,115 sq. ft. of additional living space, perfect for family visits or hobbies, and includes ample storage, carpet throughout, and a 3-piece bathroom with a standing shower. Recent updates include a new furnace and air conditioning system installed within the past month. Ideally located just 2 minutes from Fairview Park and 5 minutes from Fairway Station, with pharmacies, grocery stores, and shopping nearby, this home offers a perfect blend of comfort, functionality, and accessibility.

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Closing Costs

Mortgage Amount
$412,000
Land Transfer Taxes$6,775
Legal Fees (Est.)
$
Total cash required for closing$111,275

Total Monthly Obligation

$2,763/mo
Mortgage $2,077
Monthly Loss $2,216
Principal$547
Interest$1,531
Property Tax$310
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 2705 KINGSWAY Drive 36

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