23 Routley Street, Kitchener

$834,900
23 Routley Street

$834,900

New
16d
Detached2-Storey

23 Routley Street, Kitchener

Total Monthly Obligation $4,228

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
16d
Score
17
Yield
4.3%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-X13870748
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-30.07 × 98.59 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$5,820 (2025)
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RISING SUN REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Title-Residential Freehold

No agent assigned

Welcome to a beautiful 23 routley Street, a stunning detached home in the desirable Williamsburg community of Kitchener. Offering approximately 1500 to 2000 sq. ft. of living space, this home features 4 bedrooms, 3 bathrooms, and an attached 1 car garage. The bright, open-concept main floor offers a spacious layout with ample closet storage, a convenient powder room, garage access, and beautiful hardwood flooring . The modern eat-in kitchen , subway tile backsplash, quartz countertops, a centre island, and stainless steel appliances. Walk out the large sliding doors to the spacious backyard, a wonderful space for kids to play or relax on a summer evening. A hardwood staircase leads to the second level, featuring four generously sized bedrooms, a 4pc main bathroom, and the convenience of second-floor laundry. The spacious primary suite includes a large walk-in closet and a private 4pc ensuite. The unfinished basement is awaiting your finishing touches, transform this area to suit your needs. Nestled in the lovely Williamsburg neighbourhood, ideally located minutes from Highways 7/8 & 401, Sunrise Centre, library, Sunfish Community Centre, top schools, parks, trails, and all prime amenities.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$667,920
Land Transfer Taxes$13,173
Legal Fees (Est.)
$
Total cash required for closing$181,653

Total Monthly Obligation

$4,228/mo
Mortgage $3,368
Monthly Loss $3,342
Principal$886
Interest$2,482
Property Tax$485
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.9/ 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
$36,072/yr
NOI
$22,145/yr
Net Cash Flow
-$1,522/mo
Cash Margin
-50.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.0/ 100

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

Comparables

Properties near 23 Routley Street

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

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.