1640 Mary Street, Kingston

$599,900
1640 Mary Street

$599,900

New
15d
DetachedBungalow

1640 Mary Street, Kingston

Total Monthly Obligation $3,062

HausQ Valuation Report
Beds
5
Baths
2
Park
2
Sqft
700-1100
DOM
15d
Score
24
Yield
6.1%
Cash on Cash
2.6%
Cap Rate
5.1%
5Y IRR
17.6%
10Y IRR
16.3%
Property Type-Detached
MLS® Number-X13875164
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-81.26 × 123.35 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,204.51 (2026)
Parking-4 - Detached
Basement-Separate Entrance, Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX RISE EXECUTIVES, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-37 - South of Taylor-Kidd Blvd
Title-Residential Freehold

No agent assigned

Set on an approximately 81 x 120 ft. lot in Kingston's established West End, this legal duplex combines tastefully finished interiors with extensive updates completed less than five years ago. The main-level unit features three bedrooms and one bathroom, while the lower-level unit offers two bedrooms and one bathroom. Both units were thoughtfully renovated with updated finishes throughout, creating inviting living spaces. The renovations also included complete electrical and plumbing updates, extending beyond the cosmetic improvements. Consistently maintained and carefully cared for, the property also features air conditioning, a large detached garage and a generous yard. This duplex deserves a closer look from buyers building or expanding their investment portfolio, as well as those looking to live in one unit while earning rental income from the other. View the brochure for full property details and financial information. New pre-listing home inspection report is available upon request.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,062/mo
Mortgage $2,420
Monthly Loss $2,425
Principal$637
Interest$1,783
Property Tax$267
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.3%60
10-Year IRR
13.2%
Returns Index
31.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$36,600/yr
NOI
$25,235/yr
Net Cash Flow
-$317/mo
Cash Margin
-10.4%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
29.5/ 100

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

Comparables

Properties near 1640 Mary Street

Time

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