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New5 days ago

177 Eastforest Trail

, Kitchener

$750,000

Detached|Bungalow
2 | 2 | 3
About this home

Welcome to 177 Eastforest Trail, Kitchener-a lovingly cared-for solid brick raised bungalow freshly duplexed, offering the perfect blend of family comfort, modern updates, flexibility, and income potential. Built in 1992 and thoughtfully improved by the current owners over the past three years, this move-in-ready home appeals equally to a growing family, multi-generational household, or savvy investor.The main level has been refreshed with fresh paint, new flooring t/o, main floor laundry, and a new bathroom, creating a bright and welcoming space where you can simply move in and enjoy. The thoughtful layout provides comfortable everyday living, while the legal independent 2-bedroom basement apartment adds tremendous versatility. Complete with separate laundry and independent access, the lower-level suite is ideal for rental income, helping with mortgage costs, extended family, or guests.The exterior has seen important improvements, including a new deck, widened driveway, and common entryway with separate doors for each unit, providing convenience and privacy for both occupants. The backyard is a wonderfully private retreat, complete with mature pear and plum trees-a peaceful setting for family BBQs, summer evenings, entertaining, or simply enjoying your own space.For the homeowner, this is a place to enter the market. For the investor, the legal two-bedroom apartment offers an excellent opportunity to generate rental income and enhance long-term value. For extended family, the separate living spaces provide flexibility without sacrificing independence.Situated in a central Kitchener location close to schools, parks, shopping, transit, and major amenities, 177 Eastforest Trail brings together what today's buyers are looking for: solid construction, meaningful updates, a legal income suite, private outdoor space, and exceptional flexibility.Whether you're looking for a home to grow into or an investment that works for you, this is a property worth seeing.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age16-30
Size700-1100 sq. ft.
Property Tax$4,667
Lot Size45.31 ft x 103.65 ft
mls© NumberX13784426
Listed ByKeller Williams Home Group Realty

Listing History

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  • 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%
$3,839
Property tax
$389
Heat allowance
$150
Housing costs
$4,378 / mo

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

Down payment20% · $150,000
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$150,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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