242 Rachel Crescent H, Kitchener

$385,000
242 Rachel Crescent H

$385,000

Price Change
20d
Condo TownhouseStacked Townhouse

242 Rachel Crescent H, Kitchener

Total Monthly Obligation $2,204

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
20d
Score
25
Yield
6.8%
Cash on Cash
2.3%
Cap Rate
5.1%
5Y IRR
17.4%
10Y IRR
16.1%
Property Type-Condo Townhouse
MLS® Number-X13858694
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 3, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-11-15
Taxes-$2,836 (2025)
Maintenance-$215.12/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX A-B Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to 242 Rachel Crescent in Kitchener, a bright and stylish 2-bedroom, 1-bathroom condo offering a wonderful opportunity for first-time buyers, empty nesters, or anyone looking for comfortable, low-maintenance living.This thoughtfully designed open-concept layout features a spacious living and dining area that flows seamlessly into the modern kitchen, complete with granite countertops, stainless steel appliances, and a convenient island-perfect for meal preparation and casual dining. Dark laminate flooring runs throughout the main living areas, creating a modern and cohesive feel.The spacious primary bedroom provides a comfortable retreat, while the second bedroom offers excellent flexibility as a guest room, home office, or additional living space. The well-appointed four-piece bathroom features a relaxing soaker tub. Enjoy one premium corner parking space, low condo fees, and the added convenience of an owned water heater and water softener with no rental contracts.The location offers an active and convenient lifestyle, with parks, forests, walking and cycling trails nearby. Shopping, restaurants, public transit, schools, and everyday amenities are all just minutes away. Move-in ready, this condo is ready to welcome you home. Contact your Realtor today to book a private showing!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$308,000
Land Transfer Taxes$4,250
Legal Fees (Est.)
$
Total cash required for closing$82,750

Total Monthly Obligation

$2,204/mo
Mortgage $1,553
Monthly Loss $1,796
Principal$409
Interest$1,144
Property Tax$236
Condo Fees$215
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.3%3
5-Year IRR
13.2%59
10-Year IRR
13.2%
Returns Index
30.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$26,352/yr
NOI
$15,899/yr
Net Cash Flow
-$228/mo
Cash Margin
-10.4%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
36.5/ 100

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

Comparables

Properties near 242 Rachel Crescent H

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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.