$720,000

For sale

90 Brookfield Crescent, Kitchener, Ontario, N2E0A7

3 bd2 ba2 pk1,300 ft²Lot size 18 × 98 ft (1,781 sq ft)

Listed by RE/MAX ICON REALTY

90 AUTUMN RIDGE Trail, Kitchener, Ontario, N2P2K1

For saleJust listed

Today

$930K

90 AUTUMN RIDGE Trail, Kitchener, Ontario, N2P2K1

3 bd3 ba4 pk2,487 ft²

Listed by Re/Max Twin City Realty Inc.

58 HICKORY HEIGHTS Crescent, Kitchener, Ontario, N2N1H4

For saleJust listed

Today

$550K

58 HICKORY HEIGHTS Crescent, Kitchener, Ontario, N2N1H4

3 bd1 ba2 pk1,407 ft²

Listed by Right At Home Realty

For saleJust listed

Today

$550K

90 BROOKFIELD Crescent, Kitchener, Ontario, N2E0A7

3 bd2 ba2 pk1,310 ft²

Listed by Re/Max Icon Realty

Investment analysis

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$720,000

Kitchener

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Overview

This 6-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,871 sq ft of space. Its $720,000 asking price sits right in line with the $745,000 median in Kitchener. It has been on the market 43 days, fresher than the Kitchener average of 54 days.

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Description

Home is currently rented for $4200/month **Attention Investors! and parents** Welcome to **84 Amherst Drive**, a turnkey investment opportunity in a highly desirable location. Situated just a short walk from Conestoga College and only minutes from Highway 401, this property offers strong rental demand and excellent long-term potential. This well-maintained home features **6 spacious bedrooms** and **2 full bathrooms**, making it ideal for student rentals or multi-tenant occupancy. The low-maintenance exterior helps keep operating costs down, while the **walk-up basement** provides exciting potential for a future duplex conversion . Parking is never an issue, with space for **5 vehicles in the driveway** plus **1 in the attached garage**. Best of all, the property is **already leased for the 2026 school year**, providing immediate rental income from day one. Whether you're looking to expand your investment portfolio or secure a cash-flowing property in a prime location, **84 Amherst Drive** is an opportunity you won't want to miss. recent upgrades - Driveway 2024, hvac 2021, hotwater tank 2023, new stove 2022, basement flooring 2024. (id:66096)

Property Details

MLS®: 40866103
Property Type: Single Family
Zoning: R2A
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 2
Parking: 6
Interior Size: 1,871 ft²
Frontage: 55 ft
Year Built: 1978
Storeys: 2
Style: Other
Basement: Finished, Full
Heating: Hot water radiator heat, Natural gas
Cooling: None
Garage: Attached Garage
Ownership: Freehold
Property Tax: $6,241/yr
Listed: 43 days ago

Rooms

Basement

Bedroom: 19'0'' x 10'0''
Bedroom: 8'0'' x 8'0''
4pc Bathroom
Bedroom: 11'2'' x 10'3''
Laundry room

Main level

Recreation room: 10'8'' x 19'6''

Third level

4pc Bathroom
Bedroom: 9'5'' x 12'3''
Bedroom: 10'0'' x 13'0''
Primary Bedroom: 10'10'' x 14'7''

Second level

Kitchen: 12'10'' x 10'7''
Dining room: 11'5'' x 9'0''
Living room: 12'0'' x 17'8''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Water softener, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick, Aluminum siding
Lot Features: Paved driveway, Automatic Garage Door Opener, In-Law Suite

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Kitchener listings, avg age

54d

Price / ft²

$385

List price

$720K

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (N2P)

This home lists at $720,000, about 6.5× the local median household income of $110,000.

Carrying it typically needs a household income of about $140,641 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.

Median household income: $110,000
Population: 25,040
Median age: 36
Owner / renter: 76% / 24%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N2P)

$720,000· $385/ft²

For sale

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Full Cost Breakdown

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Down Payment6.53% · $47,000

Min 6.53%50%

Mortgage payment$3,731/mo

↳ CMHC premium ($26,920 capitalized)

Property tax (est.)$520/mo

Total monthly$4,251

Cash Needed to Close

Down payment (6.53%)$47,000

Land transfer tax$10,875

Est. closing costs$4,660

Total cash needed$62,535

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator

84 AMHERST Drive, Kitchener - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2P)

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