2705 Kingsway Drive 9, Kitchener

$445,000
2705 Kingsway Drive 9

$445,000

New
17d
Att/Row/TownhouseBungalow

2705 Kingsway Drive 9, Kitchener

Total Monthly Obligation $2,480

Beds
2
Baths
2
Park
1
Sqft
1100-1500
DOM
17d
Yield
6.7%
Cash on Cash
3.3%
Cap Rate
5.3%
5Y IRR
18.2%
10Y IRR
16.8%
Property Type-Att/Row/Townhouse
MLS® Number-X13873950
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$3,723.84 (2025)
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Elevate Realty
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Welcome to Trinity Village Terrace, a well-maintained 1,184 sq. ft. life lease townhome located in an independent living community for adults 55 and older. The entire terrace community is thoughtfully designed to be wheelchair accessible, featuring wide doorways and hallways and an accessible kitchen for ease of mobility and everyday comfort. This well-designed home offers 2 bedrooms and 2 bathrooms, all on a single, accessible level, and includes an attached one-car garage for added convenience. The open-concept living and dining area features engineered hardwood flooring and is filled with natural light from large windows, with a walkout from the living room to the private deck and backyard, ideal for relaxing or entertaining. Both bedrooms are generously sized and feature double closets, with the primary bedroom offering a private 4-piece ensuite. Main-level laundry adds everyday convenience. The finished basement features a natural gas fireplace and provides additional living space along with ample storage. Ideally located just 2 minutes from Fairview Park and 5 minutes from Fairway Station, with pharmacies, grocery stores, and shopping nearby, this home offers a perfect blend of comfort, functionality, and accessibility. Please note - this is an independent living community for adults 55 and older.

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Closing Costs

Mortgage Amount
$356,000
Land Transfer Taxes$5,375
Legal Fees (Est.)
$
Total cash required for closing$95,875

Total Monthly Obligation

$2,480/mo
Mortgage $1,795
Monthly Loss $2,008
Principal$472
Interest$1,323
Property Tax$310
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 2705 Kingsway Drive 9

Time

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