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Investment signal

$1,129,000

113 WALTER Street

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Beds

5

Baths

4 full + 1 half

Sqft

Year

2023

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kitchener. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

2 year old duplex near Grand River hospital! Huge and bright 3 bed/3 bath beautiful upper floor unit with open concept main floor ready for you to move in. 9 ceiling. Kitchen equipped with dishwasher, fridge, stove with exhaust fan. Patio door off LivRoom. Upper floor washer and dryer, water softener, air ex-change system. Ensuite and big walking closets in Master Bedroom. Lower unit with 8'6 ceiling, 2 spacious bedrooms, master with walking closet, cold room, spacious laundry area, open space LivRoom, DinRoom and kitchen with dishwasher, stove, fridge. Carpet free throughout. Hot water on demand systems in both units. Separate entries. All utilities are separately metered. Backs onto Walter Park! Under 2 min on foot to ION bus transit and public schools. Garage and two front parking spaces! (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Community
313 - Downtown Kitchener/W. Ward
Common interest
Freehold
Living area
3,835 square feet
Bedrooms
3 above grade, 2 below grade
Parking
3 total
Stories
2
On market
Mar 31, 2026
Status changed
Apr 28, 2026
Annual tax
$7,652
Zoning
R2B
Photos
50
MLS#
40816326
Area
KITCHENER

Features and systems

Parking

Attached Garage

Basement

FinishedFull

Appliances

WasherRefrigeratorWater softenerDishwasherDryer

Heating

Forced air

Cooling

Central air conditioning

Exterior

Vinyl sidingBrick Veneer

Lot

Sump PumpIn-Law Suite
Negative cash flow ~$1,218/mo at these assumptions

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$6,932

Financing

Down payment$225,800
Loan amount$903,200
Mortgage$4,576/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$517
Insurance$80
Maintenance$941
CapEx reserve$470
Vacancy loss$283

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kitchener. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,576/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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