Featured Imagery

Exceptional Property

60 ELMSDALE Drive, Kitchener

$519,000

4 Bedrooms

2 Bathrooms

1576 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

Row / Townhouse

Year Built

1975

Square Footage

1576 square feet

Bedrooms

4 Bedrooms

Bathrooms

2 Bathrooms

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Turnkey Investment Opportunity in Prime Family Neighborhood – Fully Leased Until 2026 Seize this exceptional opportunity to acquire a fully tenanted residential property in one of the most desirable family-oriented neighborhoods. Strategically located in a high-demand area, this turnkey asset offers immediate and stable cash flow with strong long-t...

MLS Number

40717279

Listed By

RE/MAX TWIN CITY REALTY INC.

Last Updated

Jun 26, 2025, 7:00 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Single Family

Architectural Style

Row / Townhouse

Year Built

1975

Square Footage

1576

Interior Features

Basement

None

Climate Control & Utilities

Heating System

Hot water radiator heat, Forced air, Natural gas

Air Conditioning

Central air conditioning

Exterior & Surroundings

View Type

City view

Exterior Construction

Brick, Aluminum siding

Foundation

Poured Concrete

Swimming Pool

Inground pool

Additional Amenities

Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Garage door opener

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 40743351

List Date

Jun 20, 2025, 5:17 p.m.

List Price

$499,900

Property Type

Sale

Bedrooms

Bathrooms

New

MLS# 40734023

List Date

Jun 24, 2025, 1:16 p.m.

List Price

$449,000

Property Type

Sale

Bedrooms

Bathrooms

New

MLS# 40717279

List Date

May 7, 2025, 12:28 p.m.

List Price

$519,000

Property Type

Sale

Bedrooms

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.