113 Adelaide Street, Kitchener

$599,900
113 Adelaide Street

$599,900

Price Change
9d
Detached1 1/2 Storey

113 Adelaide Street, Kitchener

Total Monthly Obligation $3,112

Beds
2
Baths
2
Park
3
Sqft
700-1100
DOM
9d
Score
17
Yield
4.1%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-X14030630
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-43 × 120 ft
Listed on site-Oct 14, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,810 (2026)
Parking-4 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-FLUX REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Title-Residential Freehold

No agent assigned

Welcome to 113 Adelaide Street in Kitchener! This charming detached home offers a great combination of character, modern updates, and a fantastic location within walking distance of Belmont Village. A welcoming covered front porch leads into a bright, open living and dining area featuring large windows, warm wood flooring, and plenty of natural light. The updated kitchen offers white shaker-style cabinetry, a stylish backsplash, ample storage, and a convenient peninsula overlooking the living space. A beautifully updated four-piece bathroom completes the main floor. Upstairs, you'll find two bedrooms and a convenient two-piece bathroom, while the basement provides additional storage space. Outside, the spacious, fully fenced backyard offers plenty of room to relax, entertain, or enjoy time outdoors. The spacious detached garage provides complete versatility ideal for secure vehicle parking, a dedicated workshop, or your dream home gym. A large wooden deck is perfect for summer barbecues and outdoor dining, garden shed, and long driveway provide additional parking and storage options. Located on a mature, tree-lined street, this home is just a short walk from the restaurants, cafés, and local shops of Belmont Village, with nearby parks, trails, and everyday amenities adding to the convenience. With its updated interior, generous outdoor space, and walkable location, 113 Adelaide Street offers comfortable living in an established Kitchener neighbourhood.

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

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,112/mo
Mortgage $2,420
Monthly Loss $2,476
Principal$637
Interest$1,783
Property Tax$318
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.4%16
10-Year IRR
7.8%
Returns Index
9.1/ 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
$24,564/yr
NOI
$13,798/yr
Net Cash Flow
-$1,270/mo
Cash Margin
-62.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
24.9/ 100

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

Comparables

Properties near 113 Adelaide 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.

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Data last updated within the past 24 hours.