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Listed 2 months ago

77 Portsmouth Avenue

18 - Central City West, Kingston

$409,900

Detached|Bungalow
2 | 1 | 3
About this home

Opportunity Knocks in a Prime Central Location! Situated directly across from St. Lawrence College, this charming bungalow offers incredible value for first-time buyers, investors, or downsizers looking for a better alternative to condo living-with no condo fees, more space, and your own private lot. Set on a generous 40 x 133 ft lot, this property provides rare room to expand or customize, with excellent future development potential in the deep backyard. The home features a functional layout with bright living and dining areas, two bedrooms, and a carpet-free interior with hardwood flooring throughout. Lovingly maintained and move-in ready, it offers comfortable living today with the flexibility to add value over time. Recent updates include a furnace (Nov 2024), roof (Sept 2021), basement waterproofing (July 2025), updated wiring (2016), basement windows (2019), and upper-level windows replaced prior to 2016. Appliances are in good working order, with the dishwasher (2020)and washer/dryer (2018). Two window air conditioning units are included for added comfort. Enjoy the convenience of 3-car parking and unbeatable proximity to transit, shopping, Providence Care Hospital, and Queen's University. Adding to the opportunity, the property is zoned Urban Multi-Residential Zone 10 (URM10), which permits a range of residential uses including apartment buildings and stacked townhouses, offering potential for additional units or future redevelopment. The property is located within a wastewater constraint area, and any proposed development or additional units would be subject to municipal approvals and confirmation of available servicing capacity by Utilities Kingston. Buyers are encouraged to complete their own due diligence with the City of Kingston regarding their intended use. Whether you're looking to get into the market, downsize without compromise, or invest in a high-demand student rental location, this property checks all the boxes.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,336
Lot Size41.68 ft x 132 ft
mls© NumberX13709520
Listed ByCENTURY 21 HERITAGE GROUP LTD., BROKERAGE

Listing History

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  • 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%
$2,098
Property tax
$278
Heat allowance
$150
Housing costs
$2,526 / mo

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

Down payment20% · $81,980
25-yr amortization

Income needed

$78,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$81,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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