10 Fallowfield Drive 6, Kitchener

$599,999
10 Fallowfield Drive 6

$599,999

New
5d
Condo Townhouse2-Storey

10 Fallowfield Drive 6, Kitchener

Total Monthly Obligation $3,525

Bed+Den
4+1
Baths
3
Park
2
Sqft
1200-1399
DOM
5d
Score
17
Yield
5.2%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.4%
Property Type-Condo Townhouse
MLS® Number-X14091540
Bed+Den-4+1
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 18, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,378 (2026)
Maintenance-$623/mo
Locker-None
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Well maintained 3 bedroom, 3 bath cornered townhouse located in Country Hills. This spacious Condo townhouse has everything you need including a terrific location, attached garage. Open concept layout on main floor with hardwood floors, crown molding, kitchen island, and granite tops. 3 spacious bedrooms upstairs and a full bathroom with granite top. The kitchen is open concept with lots of storage, which is terrific for entertaining and keeping an eye on the little ones. The dining and living areas are spacious and boast large sliding doors offering wonderful natural light plus access to the sweet private backyard - perfect for warm summer evenings. The bedrooms are large and bright and offer flexible office space. The basement is fully finished and perfect for extra family living, a theatre room, a home office, or studio. The basement also offers three piece bathroom, laundry Room with storage and cold room, and a utility room with a new water softener which is owned and a new water heater. This is a wonderful home that can be yours in time for summer! Extended driveway for 2 vehicles and visitor's parking available. Includes fridge, stove, washer, dryer, all electrical light fixtures, all window coverings and blinds, and water softener. New water softener installed in November 2023; New gas stove installed in November 2025; New dishwasher installed in May 2025; New Smart thermostat installed in November 2023; Property/condo management monthly charge includes Roof Maintenance; SNOW removal; Garbage removal; landscaping; lawn mowing; Common elements Maintenance.

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

Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,525/mo
Mortgage $2,420
Monthly Loss $2,888
Principal$637
Interest$1,783
Property Tax$282
Condo Fees$623
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.1%19
10-Year IRR
8.5%
Returns Index
10.7/ 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
$31,200/yr
NOI
$14,826/yr
Net Cash Flow
-$1,185/mo
Cash Margin
-45.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.6/ 100

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

Comparables

Properties near 10 Fallowfield Drive 6

Time

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