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Listed 22 days ago

15 - 119 CEDAR Street S

, Kitchener

$199,900

Condo Apartment |
2 | 1 | 1 | 0
About this home

CORNER UNIT WITH SIDE PRIVATE ENTRANCE. BEST VALUE 2 BED UNIT IN KITCHENER, PRICED TO MOVE. Stunning, Spacious Corner unit with its own Side Private Entrance! Ideally Located in the Market District, steps to the LRT, Farmers Market, Victoria Park, Iron Horse Trail and a vibrant downtown with all its amenities and weekly events to enjoy. A reserved surface parking spot is included. Rare opportunity to own your own place as a first-time home buyer or as an investment! *Property has been virtually staged.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size600-699 sq. ft.
Maintenance Fees$868
LockerNone
BalconyNone
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesNone
Property Tax$1,737
mls© NumberX13673032
Listed ByRE/MAX TWIN CITY REALTY INC.
Water Included
Common Elements Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,023
Property tax
$145
Heat allowance
$150
Condo fees, half counted
$434
Housing costs
$1,752 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $39,980
25-yr amortization

Income needed

$54,000

gross annual household income

Payment at 4%
$841 / mo
Cash down
$39,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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