640 Hunter Street, Kincardine

$355,800
640 Hunter Street

$355,800

New
7d
Att/Row/TownhouseBacksplit 4

640 Hunter Street, Kincardine

Total Monthly Obligation $2,006

Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
7d
Score
34
Yield
7.9%
Cash on Cash
9.4%
Cap Rate
6.6%
5Y IRR
23.2%
10Y IRR
20.9%
Property Type-Att/Row/Townhouse
MLS® Number-X14095196
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-19.47 × 137.58 ft
Listed on site-Oct 16, 2026
Style-Backsplit 4
Building Type-Att/Row/Townhouse
Age-31-50
Taxes-$2,347 (2026)
Parking-3 - Attached
Basement-Unfinished
Heating-Baseboard (Electric)
Brokerage-Coldwell Banker Peter Benninger Realty
Cooling-None
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Kincardine
Title-Residential Freehold

No agent assigned

**Ideal for First-Time Buyers or Investors!**An excellent opportunity to enter the real estate market with this well-maintained, 3-bedroom freehold townhouse. Offering comfortable living space and practical features, this home is a great choice for first-time buyers, investors, or anyone looking for an affordable place to call home. The spacious eat-in kitchen features a convenient pass-through to the living room, creating an easy flow for everyday living and entertaining. The bright, sunny living room offers a walkout to the patio and partially fenced backyard, providing a great space to relax, enjoy the outdoors, or entertain family and friends. Additional features include laminate and vinyl flooring throughout (except the stairs), a single-car garage with generator panel, and a full, unfinished basement with laundry and plenty of potential for additional storage or future finishing. The baseboard heaters are equipped with Stelpro digital remote controls for added convenience. Walking distance to schools and shopping. With three bedrooms, a private outdoor space, and the benefits of freehold ownership, this townhouse is a fantastic opportunity to get started in homeownership or add to your investment portfolio!

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$284,640
Land Transfer Taxes$3,812
Legal Fees (Est.)
$
Total cash required for closing$76,472

Total Monthly Obligation

$2,006/mo
Mortgage $1,435
Monthly Loss $1,628
Principal$378
Interest$1,058
Property Tax$196
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.2%40
Cash-on-Cash
1.7%11
5-Year IRR
17.2%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
34/ 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
$28,200/yr
NOI
$18,533/yr
Net Cash Flow
$109/mo
Cash Margin
4.6%11
Cash Flow Index
11.2/ 100
Risk Profile
Weight: 20%
DSCR
1.0833
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo80
Risk Index
43.7/ 100

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

Comparables

Properties near 640 Hunter Street

Time

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Data last updated within the past 24 hours.