235 Chapel Hill Drive 3, Kitchener

$469,000
235 Chapel Hill Drive 3

$469,000

New
5d
Condo Townhouse2-Storey

235 Chapel Hill Drive 3, Kitchener

Total Monthly Obligation $2,781

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
5d
Score
21
Yield
6.3%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Condo Townhouse
MLS® Number-X14091702
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 18, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$4,021.16 (2026)
Maintenance-$354.18/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-GET HOME REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-TBD
Title-Residential Condo & Other

No agent assigned

KEY FEATURES: BEAUTIFUL CORNER UNIT | 3 BEDROOMS | 3 WASHROOMS | APPROX. 1,400-1,599 SQ. FT. | 2 PRIVATE BALCONIES | MODERN KITCHEN WITH QUARTZ COUNTERTOPS | STAINLESS STEEL APPLIANCES | UPPER-LEVEL LAUNDRY | 1 PARKING SPACE | ABUNDANT NATURAL LIGHT | SURROUNDED BY PARKS & SCENIC TRAILS | PRIME DOON SOUTH LOCATION! Welcome to this beautifully designed 2-storey corner-unit townhouse in Kitchener's highly desirable Doon South community, offering a wonderful combination of modern living, privacy and everyday convenience. With no neighbouring units on three sides, this home enjoys exceptional natural light and an open, airy feel throughout. The spacious main floor features a modern kitchen with quartz countertops, a centre island, ample cabinetry, stainless steel appliances and pot lights, flowing seamlessly into the generous open-concept living and dining areas. Step outside onto two private balconies, perfect for enjoying your morning coffee or unwinding after a long day. Upstairs features three well-appointed bedrooms, including a primary suite with a large closet and private ensuite, plus the added convenience of upper-level laundry. Enjoy living close to the beautiful Blair Creek and Doon Creek natural areas, Brigadoon Woods and scenic walking trails. Minutes from Brigadoon Public School, neighbourhood parks, playgrounds and RBJ Schlegel Park, featuring sports fields, a splash pad and recreational courts. Conveniently located near shopping, restaurants, Conestoga College and Highway 401, making everyday errands and commuting a breeze. An excellent opportunity for families, first-time buyers and anyone seeking a beautiful home in a well-connected community surrounded by nature!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$375,200
Land Transfer Taxes$5,855
Legal Fees (Est.)
$
Total cash required for closing$101,155

Total Monthly Obligation

$2,781/mo
Mortgage $1,892
Monthly Loss $2,283
Principal$498
Interest$1,394
Property Tax$335
Condo Fees$354
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.5%39
10-Year IRR
11.1%
Returns Index
20.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$29,604/yr
NOI
$15,972/yr
Net Cash Flow
-$561/mo
Cash Margin
-22.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
29.0/ 100

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

Comparables

Properties near 235 Chapel Hill Drive 3

Time

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Data last updated within the past 24 hours.