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Foreclosure signalInvestment signal

$270,000

420 MacLeod Street

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Beds

Baths

Sqft

—

Year

1998

Type

Single Family

Suite

Investment signal

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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

Affordable Country Living! This 1998 de-registered manufactured home is situated on 1.233 acres of property in Kitchener. With two large bedrooms and an open concept living room and kitchen the layout of this home has a spacious feel. There have been some updates including much of the flooring and some of the appliances. The covered front deck is a nice feature and there is an older detached garage and other older outbuildings. The back of the property is nicely treed and there are very few close neighbours. This is an Estate Sale and the property is being sold 'as is'. Call your REALTOR and book an appointment to come and view. All offers must be conditional on the Completion of Probate. Whether you are just starting out, or looking to downsize, or maybe you want to pick up a revenue property - 420 MacLeod Street offers a variety of options! (id:65958)

Subtype: Single Family
Structure: Manufactured Home
Community: Arrow Creek to Yahk
Common interest: Freehold
Living area: 1,020 square feet
Lot size: 1.23 acres
Lot dimensions: 1.23
Parking: 8 total
Stories: 1
On market: Apr 27, 2026
Status changed: Apr 27, 2026
Annual tax: $481.97
Photos: 30
MLS#: 10384921
Area: KITCHENER

Features and systems

Appliances

WasherOven - ElectricDishwasherDryer

Heating

Baseboard heatersForced airElectricSee remarks

Roof

MetalUnknown

Positive cash flow ~$169/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

3.76%

Cap rate

5.62%

GRM

11.8

Break-even rent

$1,722

Financing

Down payment$54,000

Loan amount$216,000

Mortgage$1,094/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$124

Insurance$80

Maintenance$225

CapEx reserve$113

Vacancy loss$95

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.

Mortgage estimate

Estimated $1,094/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 27, 2026.