385 Village Crescent, Kitchener

$899,900
385 Village Crescent

$899,900

New
17d
DetachedSidesplit

385 Village Crescent, Kitchener

Total Monthly Obligation $4,385

Beds
6
Baths
3
Park
4
Sqft
1100-1500
DOM
17d
Score
17
Yield
3.9%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13867438
Beds-6
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50 × 115 ft
Listed on site-Oct 6, 2026
Style-Sidesplit
Building Type-Detached
Age-51-99
Taxes-$4,555.43 (2026)
Parking-5 - Attached
Basement-Apartment, Separate Entrance, Walk-Out
Heating-Forced Air (Gas)
Brokerage-GREEN HEDGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Title-Residential Freehold

No agent assigned

Stunning Fully Renovated Sidesplit with Legal Basement Suite in Forest Hill. Welcome to this beautifully reimagined home, where thoughtful design meets exceptional craftsmanship at every turn. With over $180,000 invested in premium upgrades, this home has been professionally renovated down to the last detail and is truly move-in ready. Offering 2,232 sq ft of well-planned living space, the upper unit features 4 spacious bedrooms and 2 full bathrooms, including a private ensuite - ideal for growing families or those who love room to spread out. Gorgeous hardwood flooring flows throughout the main floor, while the brand-new kitchen showcases premium quartz countertops, a matching backsplash, and sleek stainless steel appliances. Bathrooms are finished to the highest standard, complete with elegant touch LED mirrors, and electric zebra blinds add a modern, effortless touch of comfort and privacy throughout. Downstairs, you'll find a brand-new legal basement unit with its own garden door walk-out entrance - a rare and valuable addition. This fully self-contained 2-bedroom suite includes its own kitchen, laundry, and oversized above-grade windows that flood the space with natural light, making it feel anything but "basement." Whether you're looking to generate rental income, accommodate extended family, or simply enjoy extra flexible living space, this legal duplex setup delivers outstanding versatility. Perfectly situated in Forest Hill, you'll enjoy convenient access to shopping, dining, and everyday amenities, with easy connections to Fischer-Hallman Road and Highway 7 for effortless commuting. This is a rare opportunity to own a fully renovated, turn-key home with income potential and space for everyone - all wrapped up in warm, welcoming style. Book your showing today and experience it for yourself! Furnace & A/C replaced 2014, Roof replaced 2017. Some images are virtually staged.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,385/mo
Mortgage $3,630
Monthly Loss $3,429
Principal$955
Interest$2,675
Property Tax$380
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.9/ 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
$35,532/yr
NOI
$22,923/yr
Net Cash Flow
-$1,720/mo
Cash Margin
-58.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.4/ 100

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

Comparables

Properties near 385 Village Crescent

Time

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