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Investment signal

$749,900

211 DIXON Street

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Beds

5

Baths

2

Sqft

Year

1959

Type

Multi-family

Suite

Suite potential

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

LOVELY BUNGALOW IN ROCKWAY. NICELY UPDATED MAIN FLOOR 3-BEDROOM LAYOUT WITH A FULLY SEPARATE LEGAL 2-BEDROOM LOWER UNIT. LIVE COMFORTABLY WITH A MORTGAGE HELPER. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
311 - Downtown/Rockway/S. Ward
Common interest
Freehold
Living area
1,100 square feet
Parking
5 total
Stories
1
On market
Apr 27, 2026
Status changed
Apr 28, 2026
Annual tax
$4,084
Zoning
R2A
Photos
40
MLS#
40824391
Area
KITCHENER

Features and systems

Basement

FinishedFull

Appliances

Central Vacuum

Heating

Forced air

Cooling

Central air conditioning

Exterior

Aluminum sidingBrick Veneer

Foundation

Block
Negative cash flow ~$838/mo at these assumptions

Cash on cash

-6.71%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,632

Financing

Down payment$149,980
Loan amount$599,920
Mortgage$3,040/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$344
Insurance$80
Maintenance$625
CapEx reserve$312
Vacancy loss$188

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 $3,040/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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