142 Watermill Street, Kitchener

$715,000
142 Watermill Street

$715,000

New
21d
Att/Row/Townhouse2-Storey

142 Watermill Street, Kitchener

Total Monthly Obligation $3,711

Beds
4
Baths
3
Park
1
Sqft
1500-2000
DOM
21d
Score
18
Yield
4.7%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Att/Row/Townhouse
MLS® Number-X13854470
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-8.21 × 34.94 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,427 (2026)
Parking-2 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 RIGHT TIME REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick Front, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Beautiful 4 bedroom, upgraded end-unit freehold townhome (NO POTL FEES). Offering approx. 1800 SQFT of modern open concept living! The main floor boasts high quality flooring, with a spacious upgraded kitchen including elegant white cabinetry, granite countertops, a breakfast bar and upgraded stainless steel appliances. Enjoy an abundance of natural light in the spacious great room and generously sized dining room, perfect for entertaining! Upgraded oak staircases with wrought iron balusters add a further touch of class to this truly special gem. 4 well-appointed bedrooms make this the home of choice for families or anyone looking for room to grow! The primary bedroom features an upgraded ensuite as well a spacious walk in closet. Convenient 2nd floor laundry adds a touch of practicality to your routine. This home is situated on a large premium lot, perfect for entertaining guests while enjoying all the natural beauty this community has to offer! The basement offers upgraded lookout window and rough-in plumbing. Close to schools, shopping, public transit and major highways. This home shows A+++. Book your showing today to see all that this beautiful home has to offer!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$572,000
Land Transfer Taxes$10,775
Legal Fees (Est.)
$
Total cash required for closing$155,275

Total Monthly Obligation

$3,711/mo
Mortgage $2,884
Monthly Loss $2,952
Principal$759
Interest$2,125
Property Tax$452
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%25
10-Year IRR
9.4%
Returns Index
13.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,780/yr
NOI
$20,475/yr
Net Cash Flow
-$1,178/mo
Cash Margin
-41.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.3/ 100

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

Comparables

Properties near 142 Watermill Street

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.