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New4 days ago

21 Colebrook Court

, Kitchener

$875,000

Detached|Sidesplit 3
4 | 4 | 4
About this home

Spacious Multi-Generational Home / Legal Duplex offering Income Potential - 21 Colebrook Court, Kitchener. Discover exceptional versatility in this bright and welcoming 4-bedroom, 3.1 bathroom side-split, ideally situated close to shopping, schools, parks, and highway access. Perfect for large families, multi-generational living, or savvy investors. This home offers a thoughtfully designed layout with abundant natural light and functional spaces. Step inside to a welcoming den with patio doors leading to a deck and garden - a perfect spot to relax or entertain. This level also features a convenient 2-piece bathroom and laundry facilities with direct access to a large side deck. Upstairs, the expansive living room boasts soaring cathedral ceilings and large windows, creating an airy, light-filled atmosphere. The kitchen flows seamlessly into the dining area, ideal for family meals and gatherings. The upper level hosts four generously sized bedrooms, including a primary suite with a walk-in closet and a private 3-piece ensuite. The remaining bedrooms share a well-appointed full bathroom. The lower level offers a self-contained apartment with a full kitchen, 3-piece bathroom, laundry facilities and its own walk-up entrance - perfect for a rental income, in-law suite or guests. With its prime location, flexible layout, and multiple living spaces, this property is a rare opportunity to enjoy both comfort and income potential.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleSidesplit 3
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,174
Lot Size71.42 ft x 100 ft
mls© NumberX13794322
Listed ByROYAL LEPAGE WOLLE REALTY

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%
$4,479
Property tax
$431
Heat allowance
$150
Housing costs
$5,060 / mo

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

Down payment20% · $175,000
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$175,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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