268 Rideau Street
22 - East of Sir John A. Blvd, Kingston
$519,000
Attention investors and first-time homebuyers! Located minutes from the heart of downtown Kingston, this well-maintained two-storey home boasts 4 bedrooms and 2 bathrooms (currently operating as an Airbnb). Just steps from the Cataraqui River and the K&P Trail, 268 Rideau Street is situated in the vibrant Skeleton Park neighborhood. Only three minutes to the nearest Express Bus Route, The Elm Café, and Pizza Monster, this home is perfect for a downtown dweller commuting to work or school via active transportation or transit. Street parking is available, with additional monthly parking rental options right across the street.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,802 |
| Lot Size | 24.5 ft x 59 ft |
| mls© Number | X13876640 |
| 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%
- $2,656
- Property tax
- $317
- Heat allowance
- $150
- Housing costs
- $3,123 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$96,000
gross annual household income
- Payment at 4%
- $2,184 / mo
- Cash down
- $103,800
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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