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Listed 1 month ago

260 Elmwood Street

18 - Central City West, Kingston

$515,000

Detached|Bungalow
2 | 2 | 3
About this home

Located in the desirable Hillendale area, this beautiful classic bungalow offers the perfect lifestyle balance with it's quiet, serene neighbourhood and close proximity to the vibrant downtown core. Nestled at the end of this charming street, this home has been modernized and well cared for with many recent improvements including fresh paint throughout the main floor making it turn-key and move in ready. The main floor features an open, bright living and dining area, a large eat-in kitchen, a full bathroom and two generously sized bedrooms. On the lower level, a separate entrance opens to a fantastic, finished basement complete with an additional kitchenette, providing an exceptional opportunity for multi-generational living or premium guest accommodations. The impressive exterior boasts a large, remarkably private backyard that serves as your personal oasis, alongside a detached garage. Perfectly positioned in the heart of the city, this property enjoys seamless proximity to Queen's University, St. Lawrence College, dining, shopping and parks. Whether you are seeking a wonderful family home or a strategically located investment, this property is ready for its next exciting chapter.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,885
Lot Size50.13 ft x 160 ft
mls© NumberX13753432
Listed ByROYAL LEPAGE PROALLIANCE REALTY, 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%
$2,636
Property tax
$324
Heat allowance
$150
Housing costs
$3,110 / mo

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

Down payment20% · $103,000
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,167 / mo
Cash down
$103,000

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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