617 Benninger Drive, Kitchener

$799,900
617 Benninger Drive

$799,900

Price Change
21d
Detached2-Storey

617 Benninger Drive, Kitchener

Total Monthly Obligation $4,123

Beds
3
Baths
4
Park
1
Sqft
1500-2000
DOM
21d
Score
17
Yield
4.3%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-X13854090
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-41.73 × 127.48 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,254 (2025)
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Title-Residential Freehold

No agent assigned

Welcome to this beautiful 3-bedroom detached home featuring a unique and spacious family room on the second level. The upgraded kitchen boasts elegant quartz countertops and stainless steel appliances, complemented by hardwood flooring throughout the main level.The professionally finished-by-builder basement offers additional living space, including a recreation room and a full washroom-perfect for a growing family, guests, or extended family.Situated on a deep lot, this home offers plenty of outdoor space and excellent potential for comfortable family living. A wonderful opportunity to own a spacious and thoughtfully designed detached home in a desirable setting.

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

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,123/mo
Mortgage $3,227
Monthly Loss $3,274
Principal$849
Interest$2,378
Property Tax$521
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.1%19
10-Year IRR
8.4%
Returns Index
10.7/ 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
$34,200/yr
NOI
$20,026/yr
Net Cash Flow
-$1,558/mo
Cash Margin
-54.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
20.2/ 100

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

Comparables

Properties near 617 Benninger Drive

Time

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Data last updated within the past 24 hours.