39 Wren Crescent, Kitchener

$659,900
39 Wren Crescent

$659,900

New
4d
DetachedBungalow

39 Wren Crescent, Kitchener

Total Monthly Obligation $3,402

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
4d
Score
20
Yield
5.1%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X14094490
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55.1 × 150.25 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,382 (2025)
Parking-3 - Attached
Basement-Full, Separate Entrance, Finished
Heating-Radiant (Other)
Brokerage-CENTURY 21 HERITAGE HOUSE LTD
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Are you looking for a bungalow in Stanley Park with an in law set up situated on a large lot? This is it! This inviting home presents a unique opportunity to embrace a relaxed lifestyle within a desirable community. Enjoy watching the rain protected underneath your covered porch. The entire main floor is bright and freshly painted (2026). The living room features a large window allowing plenty of natural light to pour in. The kitchen boasts plenty of storage, California shutters and is designed for both functionality and social interaction. It also features a peninsula, creating an ideal space for meal preparation and casual dining. The main floor 3 piece bathroom has been renovated (2024) including a large functional vanity with plenty of storage, a granite countertop and a walk in shower. Three good sized bedrooms complete the main floor. The lower level includes an in law set up, kitchen, bright recroom with California shutters, spacious workshop ideal for the hobbyist and a 4 piece bathroom. It has separate entry through the single car garage and it also leads to a cozy covered back concrete porch ideal for entertaining. Yard includes mature trees. Recent updates include: 2025 eavestroughs/fascia, 2022 gas dryer and washer and more. This property is close to schools, shopping, parks, trailer, etc.. Quick possession available.

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

Closing Costs

Mortgage Amount
$527,920
Land Transfer Taxes$9,673
Legal Fees (Est.)
$
Total cash required for closing$143,153

Total Monthly Obligation

$3,402/mo
Mortgage $2,662
Monthly Loss $2,702
Principal$700
Interest$1,961
Property Tax$365
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$33,840/yr
NOI
$21,574/yr
Net Cash Flow
-$864/mo
Cash Margin
-30.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.6/ 100

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

Comparables

Properties near 39 Wren Crescent

Time

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