77 CEDAR Street S

Downtown/Rockway/S. Ward, Kitchener · MLS® 40866401

532

1,788 sq ft · House · Multi-family · built 1900 · 15 days on market

listed by KRISTA JONKER, Royal LePage Wolle Realty

realtor's description

WELCOME TO YOUR NEXT INVESTMENT PROPERTY! All savvy investors, pay attention. Legal Triplex with 3 units currently rented. Location, location, location! Only 240 metres to the Kitchener Market Station for easy LRT access for your tenants but still has parking for 2 vehicles. Photos of Unit 3 show the great floor plan of this basement unit, complete with gas fireplace and newly renovated (2024) kitchen with vinyl plank flooring. 2 two bedroom units, and 1 one bedroom unit make this very manageable for new or seasoned landlords. Shared laundry with a coin dryer for extra income. Book your viewing today!

property details

type: House, Multi-family
bedrooms: 5
bathrooms: 3
living area: 1,788 sq ft
parking: 2
year built: 1900
property tax: $4,879 / yr
days on market: 15
MLS®: 40866401

features

Laundry- Coin operated

monthly cost

$2,912/mo

Mortgage $2,505 · Tax $407

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,505/ monthly

loan $460,000

25-year amortization

down payment20% · $115,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $291,566
cash to close: $115,000; down payment; transfer tax and fees not included
total paid: $751,566

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.