42 Blackwell Drive, Kitchener

$699,900
42 Blackwell Drive

$699,900

New
4d
DetachedBacksplit 4

42 Blackwell Drive, Kitchener

Total Monthly Obligation $3,597

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
4d
Score
19
Yield
4.8%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-X14094106
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-45.9 × 115 ft
Listed on site-Oct 19, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,780 (2026)
Parking-4 - Attached
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-On Ground
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-flexible
Title-Residential Freehold

No agent assigned

Poolside summers, fireplace-warmed evenings and room for the whole family await at 42 Blackwell Drive. Set in a family-friendly Kitchener neighbourhood, this well-kept three-bedroom home offers bright living spaces, a double garage and a backyard designed for enjoyment.The sun-filled kitchen dinette, surrounded by windows, is a cheerful spot for morning coffee, while the generous living and dining areas provide plenty of space to host friends and celebrate family occasions. A spacious family room with a wood-burning fireplace invites you to relax, with a convenient walk-up offering direct access to the backyard.The versatile lower level adapts to your needs, with space for a home office, additional living area or potential in-law setup.Outside, a semi-inground pool and surrounding deck set the scene for sunny afternoons, while the patio is ready for outdoor meals. Fully fenced and framed by mature surroundings, the backyard offers room to play, garden and unwind.Schools, the library, community centre, parks and an extensive network of walking and cycling trails are close by. Public transit and the shopping, dining and everyday conveniences of The Boardwalk are just minutes away.Space to gather, room to grow and so much to enjoy close to home-discover life at 42 Blackwell Drive.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,597/mo
Mortgage $2,823
Monthly Loss $2,854
Principal$743
Interest$2,080
Property Tax$398
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$33,900/yr
NOI
$21,230/yr
Net Cash Flow
-$1,054/mo
Cash Margin
-37.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.1/ 100

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

Comparables

Properties near 42 Blackwell 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.