46 - 67 Valleyview Road, Kitchener

Think you can't afford to own? Run the numbers - this one might surprise you. This 2 bedroom, three-level townhouse with 2nd floor laundry room, offers a rare entry point into homeownership for first-time buyers, and a near-turnkey income property for investors seeking real cash flow. With market rents at $1,900/month and fixed costs (taxes + condo fee) of just $409/month, the remaining $1,491 goes straight toward your mortgage - at 20% down, this property is positioned to nearly carry itself. Inside, an open-concept kitchen and living area is anchored by a cozy fireplace - the kind of space that feels like home the moment you walk in. Step outside to your own private patio, ideal for morning coffee or long summer evenings. Deck and deck rail will be replaced 2026/2027. Secure building entry and assigned parking add the everyday conveniences that make this an effortless place to live, or to rent. Four minutes from the commuter highway and surrounded by every shopping and lifestyle amenity you need. Move-in ready. Priced right. In a market where true value is hard to find, this is the one you've been waiting for. Purchase price: $329,900 - Down payment (20%): $65,980 - Mortgage amount: $263,920 - Rate: 4.5% / 12 = 0.375% per month - Term: 360 months - Using the standard mortgage formula, the monthly payment is $1,337.24. So the full monthly picture looks like this: Mortgage (P&I) $1,337.24 Condo fee$ $265.00 Property tax $143.58. Total monthly $1,745.82. Investors: Market rent $1,900.00 Monthly surplus+$154.18.