31 Elmbank Trail, Kitchener

$999,000
31 Elmbank Trail

$999,000

New
17d
Detached2-Storey

31 Elmbank Trail, Kitchener

Total Monthly Obligation $4,980

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
17d
Score
16
Yield
4.1%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-X13867980
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-39.37 × 109.42 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,903.45 (2026)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Welcome to 31 Elmbank Trail, ideally situated in the highly desirable Doon neighbourhood of Kitchener. This beautifully appointed home features 4 spacious bedrooms and 2.5 bathrooms, offering a comfortable and inviting layout for modern family living. The main floor makes a great first impression with 9' ceilings, wide-plank engineered hardwood flooring, and a bright, open-concept design that creates a welcoming sense of space throughout. The stylish kitchen is designed for both everyday living and entertaining, featuring upgraded stainless steel appliances including double wall ovens, granite countertops, an upgraded faucet, pot and pan drawers, under-cabinet lighting, and plenty of counter space for meal preparation. The adjoining great room offers a comfortable gathering space centered around a gas fireplace, creating a warm and welcoming atmosphere. Thoughtful upgrades can be found throughout the home, including Decora switches, solid oak stairs, and an insulated garage door in the double-car garage. Upstairs, the spacious primary suite provides a relaxing retreat with a walk-in closet and a well-appointed 4-piece ensuite featuring a beautiful glass shower. Step outside to enjoy the private backyard with no rear neighbours. You'll appreciate the combination of modern city conveniences and the peaceful, private setting this property provides. A wonderful opportunity in one of Kitchener's most sought-after communities - come see everything 31 Elmbank Trail has to offer!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,980/mo
Mortgage $4,030
Monthly Loss $3,920
Principal$1,060
Interest$2,969
Property Tax$575
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$40,524/yr
NOI
$25,068/yr
Net Cash Flow
-$1,941/mo
Cash Margin
-57.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.8/ 100

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

Comparables

Properties near 31 Elmbank Trail

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.