8 Blue Spruce Court, Kitchener

$799,000
8 Blue Spruce Court

$799,000

New
3d
Detached2-Storey

8 Blue Spruce Court, Kitchener

Total Monthly Obligation $4,111

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
3d
Score
16
Yield
3.9%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Detached
MLS® Number-X14096746
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-101 × 123 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,159 (2025)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-CORCORAN HORIZON REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Welcome to 8 Blue Spruce Court - a spacious 4-bedroom, 3-bathroom family home offering over 3,200 sq ft of finished living space on a generous 101 ft lot in Kitchener's desirable Forest Heights neighbourhood. Inside, an abundance of principal rooms will give your family room to spread out: a bright living room, separate family room, formal dining room, and an eat-in kitchen, all connected by a functional main-floor layout that also includes main-floor laundry and generous garage storage. Upstairs, the primary bedroom features its own ensuite, joined by three additional well-sized bedrooms and a second full bathroom - comfortable space for a growing or multi-generational household. The fully finished basement adds a large recreation room plus additional storage and utility space, offering flexibility for a home theatre, gym, office, or play room. Outside, enjoy true entertainer's proportions - a private deck and patio area overlooking a fully fenced backyard, perfect for summer gatherings or quiet mornings outdoors. An attached garage and driveway parking for up to four vehicles complete the exterior offering. With great "bones" throughout, this home presents an excellent opportunity to personalize and add value through cosmetic upgrades, while already delivering the space, layout, and location that today's buyers are looking for. Ideally situated close to schools, parks, shopping, public transit, major highway access, and hospital services - everything you need is just minutes away.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,111/mo
Mortgage $3,223
Monthly Loss $3,263
Principal$848
Interest$2,375
Property Tax$513
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.9%14
10-Year IRR
7.4%
Returns Index
8.2/ 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
$31,032/yr
NOI
$17,270/yr
Net Cash Flow
-$1,784/mo
Cash Margin
-69.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
19.8/ 100

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

Comparables

Properties near 8 Blue Spruce Court

Time

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