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Listed 1 month ago

49 Park Street

14 - Central City East, Kingston

$539,900

Detached|Bungalow
3 | 2 | 4
About this home

There's something charming about this Park Street bungalow! Offering 3 bedrooms and 1 bathroom on the main level, this is a home with the kind of practical layout and potential that makes sense for first-time buyers, downsizers and investors alike. The main floor features a spacious eat-in kitchen with plenty of room for family meals, a comfortable living space, 3 bedrooms and hardwood flooring that adds warmth and character. You can also convert one room to a formal dining room space with a view of the rear yard. The lower level adds even more opportunity. A convenient side-door entrance leads directly to the partially finished lower level, making access easy and opening the door to future possibilities for additional living space, a home office, recreation room or potential in-law suite, subject to the necessary approvals and requirements. Currently finished with a laundry area, utility space, full, three-piece bath, rec room with wet bar roughed in and an optional den/office space. Step outside and you'll appreciate the deep backyard - a great space for gardening, entertaining, kids, pets or simply enjoying some room to breathe. The detached garage provides additional parking, storage or workshop space. A great location - Park Street puts you close to the things that make everyday life convenient - schools, shopping, restaurants, transit and other amenities - with easy access to downtown Kingston, Queen's University and the waterfront. It's a location that works whether you're starting out, simplifying your lifestyle or looking for a property with investment potential. Book your showing today.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,784
Lot Size48 ft x 130 ft
mls© NumberX13802498
Listed ByRE/MAX HALLMARK FIRST GROUP REALTY LTD. , 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%
$2,763
Property tax
$399
Heat allowance
$150
Housing costs
$3,312 / mo

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

Down payment20% · $107,980
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$107,980

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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