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New4 days ago

139 Stirling Avenue

, Kitchener

$799,000

Detached|Bungalow
2 | 1 | 2
About this home

Here's your chance to invest in one of Kitchener's most promising urban corridors! Located directly across from Kaufman Park and backing onto the Iron Horse Trail, this property is perfectly positioned for convenience and lifestyle. Just a short walk to Grand River Transit, steps from the ION light rail stop, and minutes from the Kitchener Memorial Auditorium, this location connects you to everything the city has to offer. Being sold together with the adjacent property at 135 Stirling Avenue, this rare assembly offers 90 feet of frontage and falls within the 'Growing Together' Strategic Plan-a vision for Kitchener's future growth and intensification. Zoned SGA2 (Mid-Rise), this site is ideal for developers and investors looking to be part of a thriving, transit-oriented community. Opportunities like this are rare - don't miss this!

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,543
Lot Size50.09 ft x 110.09 ft
mls© NumberX13795914
Listed ByCHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

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%
$4,090
Property tax
$295
Heat allowance
$150
Housing costs
$4,535 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

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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