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Listed 1 month ago

236 COLLINGWOOD Street

14 - Central City East, Kingston

$889,900

Detached|Bungalow
5 | 3 | 2
About this home

Prime Queen's location with an exceptional investment opportunity! This spacious 7 bedroom, 2 kitchen property offers 5 bedrooms on the main level plus 2 additional bedrooms in the lower level, providing an ideal setup for student or multi-tenant rental accommodation. Currently generating approximately $6,800/month in rental income, making this an attractive addition to any investor's portfolio. The property also features a garage and is situated in a highly sought after area close to Queen's University, downtown Kingston, shopping, restaurants and amenities. A rare opportunity to own a well-positioned income property in one of Kingston's most desirable rental locations.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$9,681
Lot Size49.3 ft x 96.5 ft
mls© NumberX13767888
Listed ByRE/MAX FINEST REALTY INC., 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%
$4,555
Property tax
$807
Heat allowance
$150
Housing costs
$5,512 / mo

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

Down payment20% · $177,980
25-yr amortization

Income needed

$170,000

gross annual household income

Payment at 4%
$3,745 / mo
Cash down
$177,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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