55 Duke Street 227, Kitchener

$324,900
55 Duke Street 227

$324,900

New
2d
Condo Apartment1 Storey/Apt

55 Duke Street 227, Kitchener

Total Monthly Obligation $2,293

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
2d
Score
18
Yield
6.1%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-X14103018
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,432 (2025)
Maintenance-$496.27/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Other)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick, Metal/Steel Siding
Possession-30-60
Title-Residential Condo & Other

No agent assigned

Welcome to 55 Duke Street, Unit 227! Experience modern downtown living in this contemporary 1-bedroom condo featuring a massive private patio, perfect for outdoor entertaining, relaxing, or creating your own urban oasis. The thoughtfully designed layout offers a spacious kitchen, comfortable living area, separate office space ideal for working from home, primary bedroom, and 4-piece bathroom. Enjoy the convenience of in-suite laundry and central air conditioning, along with an impressive collection of building amenities, including a concierge, fitness room, party room, business centre, workshop, community BBQ area, and rooftop deck and garden. The expansive private patio is a true highlight, offering rare outdoor space to enjoy right in the heart of downtown. Ideally located just steps from public transit, parks, the library, shops, restaurants, and everyday conveniences, this condo is an excellent opportunity for first-time buyers, professionals, or investors seeking a vibrant urban lifestyle.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$259,920
Land Transfer Taxes$3,349
Legal Fees (Est.)
$
Total cash required for closing$69,829

Total Monthly Obligation

$2,293/mo
Mortgage $1,311
Monthly Loss $1,948
Principal$345
Interest$966
Property Tax$286
Condo Fees$496
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
5.2%12
10-Year IRR
7.3%
Returns Index
7.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$19,896/yr
NOI
$6,119/yr
Net Cash Flow
-$801/mo
Cash Margin
-48.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
31.3/ 100

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

Comparables

Properties near 55 Duke Street 227

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.

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

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Data last updated within the past 24 hours.