$359,900
72 Timberlane Crescent S, Kitchener, ON N2N 1S9, Kitchener, ON
Kitchener, ON N2N 1S9
3 beds 1 bath Semi-Detached
About this home
Opportunity knocks in the heart of Forest Heights! This 2 story 3 bedroom semi backs onto John Darling Public School. Brand new driveway, fenced yard and a gas furnace (2017). This home offers affordable living in a great neighbourhood with easy access to major highways and shopping. An ideal situation for a handyman or renovator to increase value through the use of some sweat equity. Possession with Tenant. The Seller will not provide vacant possession on closing.
Property Score
69/ 100
Overall Property Score
good
A blend of both buyer and investor metrics.
Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
75/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
75/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
48% of city avgexcellent
Priced below Kitchener's average of $745,000.
Appreciation Trend
+1.7%/yrgreat
Kitchener has seen +1.7% YoY price change.
Monthly Cash Flow
-$246/mofair
Estimated -$246/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
4.79%excellent
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13083476
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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