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Listed 11 days ago

135 James Street

22 - East of Sir John A. Blvd, Kingston

$415,000

Detached|2-Storey
3 | 1 | 6
About this home

135 James St, a detached three-bedroom home in downtown's Inner Harbour neighbourhood, sits so far back from the road the kids can head for the street and not make it back until lunchtime. There is a covered porch strong as a bunker, and a full-width living room with modern hardwood floors. There is a formal dining room and an old kitchen tucked away at the back. There is also a covered breezeway between the house and the double-deep block garage in which you can build your airship or your go-karts. The three smallish bedrooms gather around the upstairs bathroom. The house was renovated in the 1980s is my guess, and much loved, but it's about due another go. Another unit above the garage would make an awful lot of sense. Something to house the in-laws or help with the mortgage. But you could also just bring the family and call it home pretty much as-is, build vegetable gardens out front, make friends with the marvellous neighbours, walk every morning to the Elm Cafe and Daughters Grocery, or head straight up Pine to the Sunday market.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$3,910
Lot Size56 ft x 110 ft
mls© NumberX13878304
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%
$2,124
Property tax
$326
Heat allowance
$150
Housing costs
$2,600 / mo

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

Down payment20% · $83,000
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$83,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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