403 Westwood Drive 18, Kitchener

$499,800
403 Westwood Drive 18

$499,800

New
20d
Condo Townhouse2-Storey

403 Westwood Drive 18, Kitchener

Total Monthly Obligation $2,831

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
20d
Score
22
Yield
6.4%
Cash on Cash
0.1%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Condo Townhouse
MLS® Number-X13859370
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-6-10
Taxes-$3,711.83 (2026)
Maintenance-$306.01/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RAF REAL ESTATE GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to 18-403 Westwood Drive! This beautifully presented 2-bedroom, 2-bathroom home offers convenient single-level living with a private garage and driveway parking for a second vehicle. The bright, open-concept layout features laminate flooring, 9-foot ceilings and a modern kitchen with stainless steel appliances and ample cabinetry. Enjoy and unwind on the spacious deck accessible from the living room. The generous primary bedroom includes a walk-in closet and a 3-piece ensuite, while a second bedroom, 4-piece bathroom and in-suite laundry complete this thoughtfully designed home. Ideally located close to city amenities and both universities, with nature, golf, parks and green space nearby.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,840
Land Transfer Taxes$6,471
Legal Fees (Est.)
$
Total cash required for closing$107,931

Total Monthly Obligation

$2,831/mo
Mortgage $2,016
Monthly Loss $2,301
Principal$531
Interest$1,486
Property Tax$309
Condo Fees$306
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.8%2
5-Year IRR
11.9%49
10-Year IRR
12.2%
Returns Index
25.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$31,980/yr
NOI
$18,998/yr
Net Cash Flow
-$433/mo
Cash Margin
-16.2%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7913
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
29.7/ 100

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

Comparables

Properties near 403 Westwood Drive 18

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.