55 Duke Street W 9, Kitchener

$550,000
55 Duke Street W 9

$550,000

New
5d
Condo ApartmentApartment

55 Duke Street W 9, Kitchener

Total Monthly Obligation $3,458

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
5d
Score
16
Yield
5.1%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
8.9%
Property Type-Condo Apartment
MLS® Number-X14092098
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 18, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,500 (2026)
Maintenance-$664/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete Poured
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

A MUST SEE!. Immaculately Maintained 2 Bed + 2 Washrooms Offers a Comfortable Blend of Modern Living and Natural Surroundings. Open Concept. Private Balcony. Large Closets. Wrap Around Private Balcony. Mix of Amenities to Fit To Your Daily Routine That offers Workout in The Gym, Unwind in the Sauna, Host Gatherings in the Party Room or Social Lounge. Floor to Floor Ceiling Windows. Offers Comfort, Convenience, and a Gorgeous Natural Setting All In One Place.

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

Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$3,458/mo
Mortgage $2,219
Monthly Loss $2,874
Principal$584
Interest$1,635
Property Tax$375
Condo Fees$664
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.6%0
5-Year IRR
5.2%11
10-Year IRR
7.1%
Returns Index
7.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$28,200/yr
NOI
$10,512/yr
Net Cash Flow
-$1,343/mo
Cash Margin
-57.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
22.5/ 100

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

Comparables

Properties near 55 Duke Street W 9

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.