1015 Terra Verde Way 201, Kingston

$565,000
1015 Terra Verde Way 201

$565,000

New
8d
Condo TownhouseStacked Townhouse

1015 Terra Verde Way 201, Kingston

Total Monthly Obligation $3,433

Beds
3
Baths
2
Park
1
Sqft
1800-1999
DOM
8d
Score
22
Yield
7.1%
Cash on Cash
0.8%
Cap Rate
4.8%
5Y IRR
16.2%
10Y IRR
15.2%
Property Type-Condo Townhouse
MLS® Number-X14083110
Beds-3
Bathrooms-2
Size-1800-1999 sqft
Listed on site-Oct 15, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-6-10
Taxes-$5,248.05 (2026)
Maintenance-$516.16/mo
Locker-None
Parking-3 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX RISE EXECUTIVES, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Stucco (Plaster)
Roof-Asphalt Rolled
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-42 - City Northwest
Title-Residential Condo & Other

No agent assigned

Welcome to 1015 Terra Verde Way, Unit 201, where style, space, and convenience come together in one of Kingston's most desirable communities. This exceptional end-unit stacked townhouse offers approximately 1,825 sq. ft. of thoughtfully designed, low-maintenance living with 3 bedrooms and 2 full bathrooms. The bright, open-concept main level is ideal for both everyday living and entertaining, featuring a contemporary kitchen with stainless steel appliances, a gas range, and an island that overlooks the spacious living and dining areas. An inviting electric fireplace adds warmth and character, creating the perfect gathering space. Two generously sized bedrooms, a 3-piece bathroom, and convenient in-suite laundry complete this level, providing flexibility for family, guests, or a dedicated home office. Retreat to the private massive upper-level primary suite, complete with a walk-in closet, a luxurious 4-piece ensuite, and access to your own private balcony-the perfect spot to enjoy your morning coffee or unwind at the end of the day. Additional features include carpet-free flooring throughout, a heated two-car garage with extra storage space, and an exclusive outdoor parking space. Ideally situated with direct access to the K&P Trail, nearby parks and walking paths, and just a short stroll to restaurants, cafes, and daycare, this home offers an exceptional blend of comfort, convenience, and an active lifestyle. Don't miss your chance to call Terra Verde home.

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Closing Costs

Mortgage Amount
$452,000
Land Transfer Taxes$7,775
Legal Fees (Est.)
$
Total cash required for closing$122,275

Total Monthly Obligation

$3,433/mo
Mortgage $2,279
Monthly Loss $2,833
Principal$600
Interest$1,679
Property Tax$437
Condo Fees$516
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.1%3
5-Year IRR
12.6%54
10-Year IRR
12.7%
Returns Index
28.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$40,176/yr
NOI
$22,316/yr
Net Cash Flow
-$419/mo
Cash Margin
-12.5%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
26.3/ 100

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

Comparables

Properties near 1015 Terra Verde Way 201

Time

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