85 Duke Street 806, Kitchener

$349,000
85 Duke Street 806

$349,000

New
9d
Condo ApartmentApartment

85 Duke Street 806, Kitchener

Total Monthly Obligation $2,646

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
9d
Score
17
Yield
6.1%
Cash on Cash
-11.0%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
7.9%
Property Type-Condo Apartment
MLS® Number-X14034330
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$3,627.47 (2026)
Maintenance-$735.82/mo
Locker-Owned
Parking-1 - Underground
Basement-Other
Heating-Forced Air (Gas)
Brokerage-PSR
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Available Jan.
Title-Residential Condo & Other

No agent assigned

Experience Sophisticated Downtown Living at 85 Duke Street West! Ideally located in downtown Kitchener, this spacious 1-bedroom plus den condo offers a perfect blend of modern style, comfort, and urban convenience. The thoughtfully designed, open-concept, carpet-free layout features expansive windows that bathe the interior in natural light, creating a bright and inviting atmosphere. The contemporary kitchen is both stylish and functional, showcasing stainless steel appliances and a generous island that serves as the perfect gathering space for entertaining or everyday living. The sun-filled primary bedroom features stunning floor-to-ceiling windows and a walk-in closet, while the versatile den provides the ideal space fora home office, creative retreat, or additional storage. Step out onto your private balcony and unwind while taking in the surrounding city views. Additional conveniences include in-suite laundry, a dedicated storage locker, and underground parking. Residents also enjoy access to the exceptional amenities at 55 Duke Street West. Just steps from City Hall, this prime location puts you moments from a wide selection of restaurants,boutique shops, local events, public transit, and the vibrant energy of downtown Kitchener. An exceptional opportunity to enjoy stylish, low-maintenance living in one of the city's most convenient and dynamic locations.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$279,200
Land Transfer Taxes$3,710
Legal Fees (Est.)
$
Total cash required for closing$75,010

Total Monthly Obligation

$2,646/mo
Mortgage $1,408
Monthly Loss $2,275
Principal$370
Interest$1,037
Property Tax$302
Condo Fees$736
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.6%0
5-Year IRR
3.2%7
10-Year IRR
5.8%
Returns Index
4.4/ 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
$21,420/yr
NOI
$4,421/yr
Net Cash Flow
-$1,039/mo
Cash Margin
-58.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.262
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
27.7/ 100

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

Comparables

Properties near 85 Duke Street 806

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.