381 Victoria Street N, Kitchener

$449,900
381 Victoria Street N

$449,900

New
17d
Detached1 1/2 Storey

381 Victoria Street N, Kitchener

Total Monthly Obligation $2,500

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
17d
Score
23
Yield
6.2%
Cash on Cash
1.3%
Cap Rate
4.9%
5Y IRR
16.6%
10Y IRR
15.5%
Property Type-Detached
MLS® Number-X13868102
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-42 × 100 ft
Listed on site-Oct 6, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$3,725.89 (2026)
Parking-3 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-PSR
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-60
Title-Residential Freehold

No agent assigned

CHARACTER & VERSATILITY! Welcome to this 3-bedroom, 2-full-bath home ideally situated in a central location close to shopping, the downtown core, parks, public transit, and offering easy access to the expressway. Brimming with potential, this home combines timeless charm with important modern updates, including an updated furnace, plumbing, and electrical. The spacious layout offers plenty of flexibility for families, first-time buyers, or investors, with excellent duplex potential for those looking to add value or create a two-unit income property. A detached single-car garage provides convenient parking and additional storage. With its desirable location, versatile floor plan, and significant updates already completed, this property presents an exciting opportunity to own a character home with both lifestyle appeal and investment potential. Close to everything you need while offering the convenience of easy commuting-this is one you won't want to miss!

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

Closing Costs

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

Total Monthly Obligation

$2,500/mo
Mortgage $1,815
Monthly Loss $2,023
Principal$478
Interest$1,337
Property Tax$310
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.8%48
10-Year IRR
12.0%
Returns Index
25.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$27,936/yr
NOI
$16,917/yr
Net Cash Flow
-$405/mo
Cash Margin
-17.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
32.4/ 100

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

Comparables

Properties near 381 Victoria Street N

Time

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