2 Virginia Street, Kingston

$449,900
2 Virginia Street

$449,900

New
9d
DetachedSidesplit

2 Virginia Street, Kingston

Total Monthly Obligation $2,479

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
9d
Score
33
Yield
7.8%
Cash on Cash
8.5%
Cap Rate
6.4%
5Y IRR
22.5%
10Y IRR
20.3%
Property Type-Detached
MLS® Number-X14030896
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-75.42 × 64.02 ft
Listed on site-Oct 14, 2026
Style-Sidesplit
Building Type-Detached
Taxes-$3,467.75 (2026)
Parking-5 - Attached
Basement-Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete, Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-23 - Rideau
Title-Residential Freehold

No agent assigned

Welcome to 2 Virginia Street, a spacious three-level side split with a versatile layout and plenty of room for family living. The main floor features a bright living room, dining area, and kitchen. Upstairs, three bedrooms and a four-piece bathroom provide a practical layout for families.The lower level adds a generous recreation room, a convenient two-piece bathroom, and a walk-up entrance leading to the front of the home. This separate access offers flexibility for extended family living, with potential for an in-law suite or future duplex conversion, subject to required approvals. A dedicated laundry area and utility room, complete with a high-efficiency natural gas furnace and gas hot water tank, round out this level.Outside, a breezeway connects the home to a double-car garage with its own electrical panel, while the double-wide paved driveway provides ample parking. The fully fenced backyard offers plenty of space for children, pets, gardening, and summer gatherings. This home has plenty to offer families, investors, and buyers looking for room to grow.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,479/mo
Mortgage $1,815
Monthly Loss $2,001
Principal$478
Interest$1,337
Property Tax$289
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.2%40
Cash-on-Cash
1.7%11
5-Year IRR
17.1%82
10-Year IRR
16.4%
Returns Index
45.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
33/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,896/yr
NOI
$23,439/yr
Net Cash Flow
$138/mo
Cash Margin
4.8%11
Cash Flow Index
11.4/ 100
Risk Profile
Weight: 20%
DSCR
1.0833
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
39.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2 Virginia Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.