| Building Insurance Included | |
| Common Elements Included | |
| Heat Included | |
| Parking Included | |
| Water Included |
Listed 19 days ago
312 - 501 Frontenac Street
14 - Central City East, Kingston
$445,000
Condo Apartment |
2 | 1 | 1 | 0
About this home
Excellent time to investment or call it a home for this 2-bedroom, 2-bathroom condo, with a living area. 800-899 square ft., Currently rented for $2400/ month. Excellent location, within proximity to Queen's University and downtown Kingston. Suitable for a smart investment or an Inviting, comfortable home, recession-proof investment. Investors can take advantage of buying property with the tenant. Spacious kitchen with granite countertops, in-suite laundry, bright living room with windows that fill the space with natural light. The building offers impressive amenities, including a stylish common area, a fully equipped gym, and the convenience of an owned underground parking spot. PROPERTY IS TENANTED, 24 HOURS NOTICE IS REQUIRED FOR ALL SHOWINGS.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $528 |
| Locker | None |
| Balcony | Juliette |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $4,085 |
| mls© Number | X13849768 |
| Listed By | HOMELIFE SUPERSTARS REAL ESTATE LIMITED |
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%
- $2,278
- Property tax
- $340
- Heat allowance
- $150
- Condo fees, half counted
- $264
- Housing costs
- $3,032 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $89,000
25-yr amortization
Income needed
$93,000
gross annual household income
- Payment at 4%
- $1,873 / mo
- Cash down
- $89,000
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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