512 Johnson Street
14 - Central City East, Kingston
$1,025,000
Turnkey Queens student rental featuring 6 beds, 2 full baths, and 2 parking spots. Newly renovated and fully tenanted until April 30, 2027. Highly desirable downtown location just a 5 minute walk to Queens University. Updates include new furnace, modern flooring, all windows, kitchen countertop & sink, bathroom showers & vanities, new stainless steel kitchen appliances, including 2 refrigerators, and fresh paint throughout. Fantastic low-maintenance asset to add to your portfolio!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,455 |
| Lot Size | 27.5 ft x 120 ft |
| mls© Number | X13835878 |
| Listed By | KELLER WILLIAMS INSPIRE 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%
- $5,246
- Property tax
- $538
- Heat allowance
- $150
- Housing costs
- $5,934 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$183,000
gross annual household income
- Payment at 4%
- $4,313 / mo
- Cash down
- $205,000
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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