239 Carson Drive, Kitchener

$874,900
239 Carson Drive

$874,900

New
8d
Detached2-Storey

239 Carson Drive, Kitchener

Total Monthly Obligation $4,306

HausQ Valuation Report
Beds
4
Baths
2
Park
2
Sqft
1500-2000
DOM
8d
Score
17
Yield
4.0%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-X14081746
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-58 × 121.16 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,822.57 (2026)
Parking-3 - Attached
Basement-Full, Partial Basement
Heating-Forced Air (Gas)
Brokerage-Royal LePage State Realty
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flex
Title-Residential Freehold

No agent assigned

Welcome to 239 Carson Drive, Kitchener! This beautifully updated home offers a blend of modern finishes and functional living spaces, perfect for families. Enjoy the warmth of engineered hardwood flooring throughout the main floor and stairs (2025), complemented by a custom built-in cabinet (2026). The kitchen features an induction stovetop as well as stunning quartz countertops (2026). Upstairs, the updated bathroom (2022) offers a refreshed space, while the partially finished basement features vinyl flooring (2021), providing additional room for relaxing, entertaining, or working from home. Step outside to enjoy the composite back deck (2022), perfect for summer barbecues and outdoor gatherings. Major updates include a furnace (2024), offering added peace of mind. The combination of thoughtful updates, comfortable living spaces, and inviting outdoor area makes this home one you won't want to miss!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$699,920
Land Transfer Taxes$13,973
Legal Fees (Est.)
$
Total cash required for closing$190,453

Total Monthly Obligation

$4,306/mo
Mortgage $3,529
Monthly Loss $3,377
Principal$929
Interest$2,600
Property Tax$402
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.3%19
10-Year IRR
8.4%
Returns Index
11.0/ 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
$35,256/yr
NOI
$22,408/yr
Net Cash Flow
-$1,662/mo
Cash Margin
-56.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.6/ 100

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

Comparables

Properties near 239 Carson 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.