
55 Queen Mary Road
18 - Central City West, Kingston
$524,900
Discover the potential of 55 Queen Mary Road, located in the heart of Kingston on an oversized lot. This stately 4+1 bedroom, 2 home is just a short walk from schools, parks, St. Lawrence College, and more. The spacious main level features a bright picture window, a formal dining room, and an enormous kitchen. Upstairs, you'll find three generous-sized bedrooms. Additional highlights include a 2-car garage and a fully fenced backyard, newer furnace and roof. While the home requires some repairs and updates, it presents a fantastic investment opportunity. This property offers real potential for the right buyer.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,711 |
| Lot Size | 80 ft x 98 ft |
| mls© Number | X13626060 |
| Listed By | ROYAL LEPAGE PROALLIANCE REALTY, 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%
- $2,687
- Property tax
- $476
- Heat allowance
- $150
- Housing costs
- $3,313 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$102,000
gross annual household income
- Payment at 4%
- $2,209 / mo
- Cash down
- $104,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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