49 Edna Street, Kitchener

$624,900
49 Edna Street

$624,900

New
24d
Detached1 1/2 Storey

49 Edna Street, Kitchener

Total Monthly Obligation $3,251

Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
24d
Score
19
Yield
5.0%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X13839970
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-41.05 × 167 ft
Listed on site-Sep 29, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,260 (2026)
Parking-5 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Neumann Real Estate
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

This 3-bedroom, 1-bathroom detached home has been updated where it counts, and it shows the moment you walk in. Hardwood floors run through the main level, giving the space a solid, put-together feel, and the kitchen is the real highlight - Barzotti cabinets paired with quartz counters that make everyday cooking feel a little more special. With a spacious bedroom sitting right on the main floor, a real convenience whether you're looking to age in place, skip the stairs, or just keep everything on one level. All three bedrooms offer room for real furniture, and the finished basement adapts to whatever you need: a rec room for the kids, a home office, a gym, or a quiet place to unwind at the end of the day. With a newly installed AC in 2024, you can stay cool all summer long. Out back is where this one really separates itself. The lot runs a full 168 feet deep, which is a rare thing to find, and it gives you actual room to garden, let the kids run around, or set up for a summer barbecue with friends. A new 12x12 deck built in 2025 gives you the perfect spot to sit back with a coffee in the morning or wind down in the evening, and there's plenty of yard left over for whatever else you've got in mind. The detached garage rounds things out with room for parking, storage, or a workshop for the weekend tinkerer. Add it all up - the updates, the layout, the space - and this is a home that's genuinely move-in ready, sitting on a lot you just don't come across very often.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$499,920
Land Transfer Taxes$8,973
Legal Fees (Est.)
$
Total cash required for closing$135,453

Total Monthly Obligation

$3,251/mo
Mortgage $2,521
Monthly Loss $2,587
Principal$663
Interest$1,857
Property Tax$355
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.8/ 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
$31,452/yr
NOI
$19,547/yr
Net Cash Flow
-$892/mo
Cash Margin
-34.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.2/ 100

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

Comparables

Properties near 49 Edna Street

Time

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