153 Macdonnell Street
14 - Central City East, Kingston
$685,000
Excellent five bedroom home just minutes from Queens University! Unlock the potential of this spacious two-bathroom home, currently thriving as a successful student rental. With a large living room perfect for gatherings and study sessions, this residence offers comfort and convenience. Benefit from being just minutes away from Queens University and nearby amenities. This property is more than just a home; it's an investment in your future with proven rental income from local students eager for proximity to campus. Don't miss out on this opportunity to own a piece of prime real estate in an excellent neighborhood!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,511 |
| Lot Size | 47 ft x 110 ft |
| mls© Number | X13728560 |
| 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%
- $3,506
- Property tax
- $626
- Heat allowance
- $150
- Housing costs
- $4,282 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$132,000
gross annual household income
- Payment at 4%
- $2,883 / mo
- Cash down
- $137,000
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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