35 Pleasant Avenue, Out of Area

$475,000
35 Pleasant Avenue

$475,000

New
3d
Detached1 1/2 Storey

35 Pleasant Avenue, Out of Area

Total Monthly Obligation $2,604

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
3d
Score
27
Yield
7.0%
Cash on Cash
5.3%
Cap Rate
5.7%
5Y IRR
19.8%
10Y IRR
18.1%
Property Type-Detached
MLS® Number-X14100724
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-141.07 × 95.16 ft
Listed on site-Oct 20, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,754.02 (2026)
Parking-4 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ICON REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Room to relax, space to entertain, and a location close to the heart of Kitchener! Welcome to 35 Pleasant Avenue, a charming three-bedroom, one-and-a-half-storey home set on an extra-large lot extending right to the corner, with over 140 feet of frontage. The inviting sunroom adds a lovely place to enjoy your morning coffee, settle in with a favourite book, or simply take a quiet break from the day. Out back, the deck and private patio sitting area create a welcoming setting for outdoor living. Fire up the barbecue, gather friends for a summer dinner, or unwind after work in your own little getaway. With fencing adding privacy around the sitting area and space for outdoor seating and dining, this is a backyard made for both entertaining and everyday relaxation. Located steps from St. Mary's Hospital, now known as WRHN @ Queen's Blvd., and close to downtown Kitchener, this home pairs established neighbourhood charm with city convenience. Nearby parks, trails, shopping, and dining add to the appeal. A wonderful opportunity to bring your personal style to a character-filled home with a generous lot and outdoor space to enjoy.Private Remarks:

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

Closing Costs

Mortgage Amount
$380,000
Land Transfer Taxes$5,975
Legal Fees (Est.)
$
Total cash required for closing$102,475

Total Monthly Obligation

$2,604/mo
Mortgage $1,916
Monthly Loss $2,100
Principal$504
Interest$1,412
Property Tax$313
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.2%6
5-Year IRR
14.8%70
10-Year IRR
14.5%
Returns Index
36.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$33,396/yr
NOI
$21,802/yr
Net Cash Flow
-$99/mo
Cash Margin
-3.6%2
Cash Flow Index
2.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo63
Risk Index
34.6/ 100

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

Comparables

Properties near 35 Pleasant Avenue

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.