149 BLACKWELL Drive, Kitchener

$699,999
149 BLACKWELL Drive

$699,999

New
14d
DetachedBacksplit 4

149 BLACKWELL Drive, Kitchener

Total Monthly Obligation $3,574

HausQ Valuation Report
Beds
4
Baths
2
Park
3
Sqft
1500-2000
DOM
14d
Score
20
Yield
5.3%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-X13883482
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-45 × 112 ft
Listed on site-Oct 9, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,499.19 (2026)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-VACANT
Title-Residential Freehold

No agent assigned

Beautifully Renovated Detached Split-Level Home in Forest Heights!Welcome to this stunning, newly renovated detached split-level home offering over 2,000 sq. ft. of finished living space, nestled in the highly desirable Forest Heights neighbourhood! Combining modern upgrades, stylish finishes, and a fantastic location, this home is perfect for families seeking comfort, space, and convenience.Step inside to discover a refreshed interior featuring a beautifully updated kitchen with elegant quartz countertops, offering the perfect blend of style and functionality. Enjoy the luxury of modern, updated bathrooms designed with contemporary finishes. Additional upgrades include ESA-approved lighting improvements and a newly paved driveway, enhancing both the home's appeal and everyday convenience.Situated in one of the area's most sought-after neighbourhoods, this property offers an excellent opportunity to enjoy modern living in a welcoming, family-friendly community, conveniently located close to schools, parks, shopping, and everyday amenities.With its generous finished living space, stylish renovations, and desirable location, this home is an exceptional opportunity for buyers looking for a move-in-ready property.A perfect blend of space, style, and modern comfort in Forest Heights - don't miss your chance to make this beautiful home yours!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,574/mo
Mortgage $2,824
Monthly Loss $2,831
Principal$743
Interest$2,081
Property Tax$375
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.7%41
10-Year IRR
11.2%
Returns Index
21.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$37,296/yr
NOI
$24,567/yr
Net Cash Flow
-$776/mo
Cash Margin
-25.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
24.3/ 100

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

Comparables

Properties near 149 BLACKWELL Drive

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.