Featured Imagery

Exceptional Property

289 MACKIE Place, Kitchener

$679,900

3 + 1 Bedrooms

2 Bathrooms

2255 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

House

Year Built

1959

Square Footage

2255 square feet

Bedrooms

3 + 1 Bedrooms

Bathrooms

2 Bathrooms

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Great opportunities for first time home buyers, investors, or looking to downsize, this updated large bungalow situated on a 50' x 160' huge lot is MOVE-IN READY! 3+1 bedrooms and 2 bathroom, there is a bonus room in the basement can be finished and used as 5th bedroom. Oversized garage with a door to back covered porch and patio area. Spacious dr...

MLS Number

40737356

Listed By

Royal LePage Peaceland Realty

Last Updated

Jun 15, 2025, 8:25 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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Experience The Property

View Virtual Tour

Property Specifications

Property Type

Single Family

Architectural Style

House

Year Built

1959

Square Footage

2255

Interior Features

Basement

Partially finished, Full

Climate Control & Utilities

Heating System

Forced air, Natural gas

Air Conditioning

None

Exterior & Surroundings

Exterior Construction

Brick, Vinyl siding

Foundation

Poured Concrete

Additional Amenities

Washer, Refrigerator, Stove, Dryer

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# 40758507

List Date

Aug 8, 2025, 12:15 a.m.

List Price

$3,000

Property Type

Lease

Bedrooms

Bathrooms

New

MLS# 40737356

List Date

Jun 13, 2025, 2:15 a.m.

List Price

$679,900

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.