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Listed 4 months ago

44 Cranbrook Street

28 - City SouthWest, Kingston

$429,900

Detached|Bungalow
3 | 1 | 4
About this home

An exceptional opportunity for first-time buyers, investors, or those looking to put their own stamp on a home in one of Kingston's most desirable family neighbourhoods. Located in sought-after Lakeland Acres, 44 Cranbrook Street offers 3 bedrooms, 1 bathroom, and incredible potential for those willing to invest some sweat equity. While the home requires updating and repairs, the value lies in both the property and the location. Surrounded by mature trees and established homes, you'll be just minutes from excellent schools, waterfront parks, walking trails, recreation facilities, shopping, and all the amenities that make Kingston's east end so desirable. Priced at just $429,900, this is a rare chance to enter the housing market in a neighbourhood where opportunities at this price point are becoming increasingly difficult to find. Whether you're a first-time buyer looking to build equity, a handyman searching for your next project, or an investor seeking long-term value, this property offers tremendous upside. Bring your vision and unlock the potential of this Lakeland Acres opportunity.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,236
Lot Size70 ft x 125 ft
mls© NumberX13477670
Listed ByRE/MAX SERVICE FIRST REALTY INC., BROKERAGE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,200
Property tax
$270
Heat allowance
$150
Housing costs
$2,620 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,980
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,809 / mo
Cash down
$85,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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