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Listed 27 days ago

523 Bagot Street

22 - East of Sir John A. Blvd, Kingston

$399,000

Detached|2-Storey
1 | 1 | 2
About this home

For me, the intersection of Raglan Road and Bagot Street marks the centre of the Inner Harbour. The Cataraqui River is just to the east, McBurney Park a few blocks to the south-west, and the downtown core a seven-minute walk along Bagot. It is the city's most vibrant neighbourhood, salted now with coffee shops and yoga shacks, pizza joints and thrift shops. Gentrification has changed much about the neighbourhood's demographics and politics, as well as the streetfronts and insulation values, but the Swamp Ward's history sits close to the surface still. There are abandoned coal delivery laneways tucked behind many of the homes, like hidden seams in a quilt. Old newspaper headlines stuffed into the walls, next to the horsehair. I wouldn't live anywhere else. If you feel the same way, 523 Bagot St may provide you with an inexpensive way to set up shop. A detached home with a metal roof and parking for two cars offered for under $400,000 is rare. Add to that the pine floors like a hive's worth of warmed honey in the upstairs loft (a splendid second bedroom with a weekend's work), the clawfoot tub, the 2024 furnace and air conditioning, and that lure begins to feel irresistible.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,166
Lot Size27.82 ft x 41.63 ft
mls© NumberX13813310
Listed ByCENTURY 21 HERITAGE GROUP LTD., 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%
$2,042
Property tax
$264
Heat allowance
$150
Housing costs
$2,456 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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