2 Esson Street, Kitchener

$554,000
2 Esson Street

$554,000

New
15d
Detached1 1/2 Storey

2 Esson Street, Kitchener

Total Monthly Obligation $3,028

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
700-1100
DOM
15d
Score
19
Yield
5.2%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-X13877040
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-102 × 52 ft
Listed on site-Oct 8, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$5,019 (2026)
Parking-2 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-COMFREE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Concrete
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Welcome to 2 Esson Street, a beautifully renovated detached home backing onto the Iron Horse Trail in sought-after Belmont Village/Westmount area. This charming home combines the character of an established neighbourhood with the comfort and convenience of a thoughtfully updated interior. The home was extensively renovated in 2023, with updates including electrical, plumbing, insulation, windows and air-conditioning. Inside, you'll find a bright, comfortable layout with approximately 1,141 sq. ft. of finished living space, including a finished lower level. One of the best features is the location. Just steps from Belmont Village, you can walk to local restaurants, cafés, shop sand everyday amenities while still enjoying the feel of a quiet residential neighbourhood. Uptown Waterloo, trails, parks and transit are also close by. A great opportunity for first-time buyers, professionals, downsizers or anyone looking for a move-in-ready home in one of Kitchener-Waterloo's most established and walkable areas.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$443,200
Land Transfer Taxes$7,555
Legal Fees (Est.)
$
Total cash required for closing$119,855

Total Monthly Obligation

$3,028/mo
Mortgage $2,235
Monthly Loss $2,440
Principal$588
Interest$1,647
Property Tax$418
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$28,800/yr
NOI
$16,401/yr
Net Cash Flow
-$868/mo
Cash Margin
-36.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.3/ 100

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

Comparables

Properties near 2 Esson 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.