4 Avalon Place 303, Kitchener

$299,999
4 Avalon Place 303

$299,999

New
18d
Condo Apartment1 Storey/Apt

4 Avalon Place 303, Kitchener

Total Monthly Obligation $2,545

HausQ Valuation Report
Beds
3
Baths
1
Park
1
Sqft
900-999
DOM
18d
Score
21
Yield
9.5%
Cash on Cash
-0.5%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Condo Apartment
MLS® Number-X13866754
Beds-3
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 5, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$1,817.94 (2026)
Maintenance-$983.61/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-HomeLife Power Realty Inc
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flixible
Title-Residential Condo & Other

No agent assigned

This recently remodeled 3-bedroom residence is an ideal fit for first-time homebuyers, those looking to downsize, or savvy investors. Step into the inviting layout featuring a generous living room and dinette area, seamlessly connected to a covered balcony overlooking the serene greenspace of Meinzinger Park. Perfect for unwinding after a busy day or soaking in the picturesque surroundings. The modernized kitchen boasts ample storage, stainless steel appliances including a fridge and dishwasher, elegant countertops, and a tasteful tiled backsplash. With updated flooring throughout, each room flows effortlessly into the next. This unit offers three spacious bedrooms and a well-appointed 4-piece bathroom. Included with the unit are a 4x6 owned storage locker and an exclusive parking spot. Conveniently situated near the expressway and just a brief 10-minute drive from Downtown Kitchener, this condo offers both comfort and accessibility. Don't miss out on this incredible opportunity for affordable homeownership in Kitchener!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$239,999
Land Transfer Taxes$2,975
Legal Fees (Est.)
$
Total cash required for closing$64,475

Total Monthly Obligation

$2,545/mo
Mortgage $1,210
Monthly Loss $2,227
Principal$318
Interest$892
Property Tax$151
Condo Fees$984
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
10.3%38
10-Year IRR
11.4%
Returns Index
19.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$28,524/yr
NOI
$9,650/yr
Net Cash Flow
-$406/mo
Cash Margin
-17.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
30.5/ 100

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

Comparables

Properties near 4 Avalon Place 303

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.