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New4 days ago

7 Admiral Road

, Kitchener

$500,000

Detached|Bungalow
2 | 2 | 3
About this home

WELCOME TO YOUR NEW HOME! This could be the one you've been waiting for. Well-maintained-check! Quiet street near parks-check! Garage-check! Duplex potential-check! And TONS of character-check! The exterior offers a unique opportunity to enjoy two separate yard spaces, and with Admiral Park & Playground, Lakeside Park (home to Kitchener's hidden lake!), and beautiful Victoria Park all nearby-with its water park, playgrounds and trails-you'll never run out of outdoor space to explore. There's great parking, plus a garage with additional attic storage. Step inside and you'll discover a home filled with character and plenty of unexpected details. Each room offers unique cabinetry and features that could easily be incorporated into your future updates. Consider this your own homeowner's scavenger hunt: see if you can find the wooden cutting board, built-in stereo, cubbies, carpeted bar, medicine cabinet, wall mural, and enough light switches to put on your own light show! Whether you embrace the retro vibe or put your own spin on it, the potential to create a home that's uniquely yours is waiting. Come see the character, discover the surprises, and imagine the possibilities. Book your showing today!

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,819
Lot Size44.63 ft x 122 ft
mls© NumberX13796900
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%
$2,559
Property tax
$318
Heat allowance
$150
Housing costs
$3,027 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

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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