3267 King Street E 105, Kitchener

$374,990
3267 King Street E 105

$374,990

New
22d
Condo ApartmentApartment

3267 King Street E 105, Kitchener

Total Monthly Obligation $2,883

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
22d
Score
17
Yield
6.9%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-X13846880
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$2,293 (2026)
Maintenance-$979/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX REALTY ENTERPRISES INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to Prestigious Cameo Terrace!! Rarely offered gorgeous ground-level suite in exceptional condition, offering the convenience of easy access. This immaculate home is special and features impressive double-door entry opening to a welcoming foyer. The spacious living and dining room showcases beautiful flooring and large windows with California shutters that fill the space with natural light. Step out to your private balcony, the perfect spot to enjoy your morning coffee or unwind at the end of the day.The updated kitchen offers excellent storage and functionality, while the convenience of ensuite laundry adds to the ease of everyday living. The massive primary bedroom features a 3-piece ensuite complete with a rarely found premium walk-in tub, offering both comfort and accessibility plus a spacious walk in closet. A generous second bedroom with double mirrored closet and a second full 3-piece bathroom make this home perfect for guests, family, or multi-generational living. Residents enjoy fabulous amenities including a party room, exercise room, indoor pool, and sauna, enhancing the lifestyle offered at Cameo Terrace. This unit also includes one owned underground parking space ideally located just steps from the building entrance and elevator access, plus exclusive use of a locker for additional storage.The building has recently remodeled the hallways and suite doors further enhancing this warm, welcoming, and well-managed condo community. Cameo Terrace is known for its friendly atmosphere and strong sense of community among residents. Ideally situated close to Fairview Park Mall, shopping, restaurants, parks, transit, highways, and more.A wonderful opportunity in a highly desirable building. Some photos have been virtually staged for illustration purposes. Nothing to do but unpack and enjoy!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$299,992
Land Transfer Taxes$4,100
Legal Fees (Est.)
$
Total cash required for closing$80,598

Total Monthly Obligation

$2,883/mo
Mortgage $1,513
Monthly Loss $2,485
Principal$398
Interest$1,115
Property Tax$191
Condo Fees$979
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
5.2%12
10-Year IRR
7.3%
Returns Index
6.9/ 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
$25,920/yr
NOI
$6,887/yr
Net Cash Flow
-$939/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
26.0/ 100

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

Comparables

Properties near 3267 King Street E 105

Time

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Data last updated within the past 24 hours.