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Listed 2 months ago

1666-1668 Victoria Street

37 - South of Taylor-Kidd Blvd, Kingston

$639,000

Detached|1 1/2 Storey
3 | 2 | 3
About this home

Looking for a family home or investment property with a "bonus"? House is a great family home with in-law potential or an income property. Set on a quiet loop just off Collins Bay Road, this is a gem worth polishing. This listing includes the house and the vacant lot next door. Both are zoned UR4 (zoning by-law allows up to a 4-plex). The lot is almost 1/3 of an acre (152 feet X 88 feet). Close to Collins Bay Boat launch, schools, and west end amenities. 2026 taxes for the house lot are $2943.84 and for the vacant lot are $1471.94 for a total of $4415.78. Taxes will vary depending upon what is done with the lot. Note that part of the 152 foot lot frontage abuts another property. Kingston is a great place to live with a blend of history, vibrant waterfront, three universities, thriving businesses, and ample amenities but maintains its small-city charm.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,416
Lot Size59.63 ft x 88 ft
mls© NumberX13728790
Listed BySUTTON GROUP-MASTERS REALTY INC., 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%
$3,271
Property tax
$368
Heat allowance
$150
Housing costs
$3,789 / mo

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

Down payment20% · $127,800
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,689 / mo
Cash down
$127,800

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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