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28 - City SouthWest, Kingston
$689,000
271 Chelsea Road offers a versatile and well maintained home in the highly regarded Henderson Place neighbourhood. The main level features three comfortable bedrooms, an updated bathroom, and a practical layout that supports both everyday living and entertaining. The lower level is fully finished and includes a self contained in law suite with its own entrance, providing excellent flexibility for extended family or income generation. This level includes two additional bedrooms, a den, a kitchen/dining area, and a spacious living room, creating a complete secondary living space. The backyard is a standout feature, offering a deck and a generous outdoor area ideal for relaxing or hosting gatherings. Recent improvements include updated flooring in the lower unit, enhancements to the main floor bathroom (backsplash and shower plumbing), a reconfigured primary bedroom closet, and a new sump pump installed in 2025. The property generates strong income, with Unit 1 rented at $2,295/month inclusive and Unit 2 rented at $1,795/month inclusive, offering a reliable revenue stream and making this an appealing option for investors or those seeking a flexible multi generational living arrangement in a desirable west end location.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,354 |
| Lot Size | 65.01 ft x 107.1 ft |
| mls© Number | X13810304 |
| 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%
- $3,527
- Property tax
- $363
- Heat allowance
- $150
- Housing costs
- $4,039 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$124,000
gross annual household income
- Payment at 4%
- $2,899 / mo
- Cash down
- $137,800
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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