344 Watervale Crescent, Kitchener

$899,900
344 Watervale Crescent

$899,900

New
16d
Detached2-Storey

344 Watervale Crescent, Kitchener

Total Monthly Obligation $4,558

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
16d
Score
17
Yield
4.3%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-X13871640
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-37.1 × 98.43 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,636.31 (2026)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SKYBOUND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Tucked away on a quiet, family-friendly crescent in the heart of Grand River South, 344 Watervale Crescent is the forever home you have been waiting for. This beautiful Aberdeen-built home offers 4 spacious bedrooms, 3 bathrooms, and 2,260 square feet of bright, functional living space designed for the modern family. The inviting curb appeal features elegant exterior lighting and a double garage with a seamless transition into the main foyer. Inside, you are greeted by an expansive open-concept layout, beautifully accented by 9-foot ceilings, crown moulding, and warm maple hardwood flooring. The core of the home is the stunning kitchen, showcasing tall maple cabinets, sleek quartz countertops, a stylish backsplash, and stainless steel appliances. Everyday life is made easier with an ultra-convenient main-floor laundry room just steps away. Upstairs, the oversized primary suite serves as your personal haven, featuring a large walk-in closet and a private ensuite. Three more bright and airy bedrooms provide plenty of room for growing children or overnight guests. A standout feature of this property is the rare 9-foot ceilings in the basement. Boasting a 3-piece rough-in, it offers a golden opportunity to build a legal rental suite for a passive income stream. Outdoors, your staycation awaits on the wood deck under the metal gazebo, overlooking a beautifully landscaped, fully fenced yard where kids and pets can play safely. Enjoy a lifestyle of convenience surrounded by nature and recreation, with Grand River Trails, Waterloo Airport, Chicopee Ski Park, and Bingemans WaterPark just minutes away. This prime location is close to fantastic schools - including the brand-new Notre Dame CSS - and offers a stress-free commute across the KW Region and to Highway 401.

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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

$4,558/mo
Mortgage $3,630
Monthly Loss $3,603
Principal$955
Interest$2,675
Property Tax$553
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.8/ 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
$38,772/yr
NOI
$23,758/yr
Net Cash Flow
-$1,650/mo
Cash Margin
-51.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.0/ 100

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

Comparables

Properties near 344 Watervale Crescent

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.