297 Wilson Avenue, Kitchener

$737,000
297 Wilson Avenue

$737,000

Price Change
25d
DetachedBungalow

297 Wilson Avenue, Kitchener

Total Monthly Obligation $3,712

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
25d
Score
20
Yield
5.2%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13837208
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50.09 × 123.24 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,369 (2025)
Parking-6 - Detached
Basement-Separate Entrance, Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible Possession (1-30 day)
Title-Residential Freehold

No agent assigned

If you're looking for space, versatility, and an incredible workshop, this home has so much to offer! A standout feature is the HUGE heated & powered workshop/garage, complemented by a long driveway with parking for multiple vehicles. Inside, the home is bright, clean, and well maintained. The spacious main-floor addition has been a favourite place to relax, offering a bright and peaceful spot at the back of the home. Surrounded by windows and a sliding door, the space is filled with natural light while providing a quiet spot to unwind and enjoy views of the backyard. The main floor offers convenient everyday living with a primary bedroom and ensuite, main-floor laundry, and an accessible bathroom featuring a shower seat, grab bar, and additional shower lighting. A separate rear entrance adds flexibility and potential for an in-law setup. Downstairs, the fully finished basement provides even more living space with a recreation room, games area, 2 additional bedrooms, a bathroom and plenty of room for family and guests. Additional highlights include an owned hot water tank, water softener ample parking, and a great location close to shopping, parks, schools, and highway access. Whether you need room for hobbies, vehicles, a home workshop, extended family, or simply more space to enjoy, this home offers a unique combination that's hard to find.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$589,600
Land Transfer Taxes$11,215
Legal Fees (Est.)
$
Total cash required for closing$160,115

Total Monthly Obligation

$3,712/mo
Mortgage $2,973
Monthly Loss $2,930
Principal$782
Interest$2,191
Property Tax$364
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$38,148/yr
NOI
$25,464/yr
Net Cash Flow
-$851/mo
Cash Margin
-26.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.5/ 100

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

Comparables

Properties near 297 Wilson Avenue

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.