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28 - City SouthWest, Kingston
$1,499,000
A RARE OPPORTUNITY: A RESIDENTIAL COTTAGE WITH 51 FEET OF WATERFRONT WITHIN KINGSTON, WITH FULL MUNICIPAL SERVICES. ON A CUL-DE-SAC OF HIGHLY DESIRABLE REDDENDALE NEIGHBOURHOOD, WALKABLE TO LOCAL SCHOOL AND SEVERAL PARKS, MINUTES FROM DOWNTOWN VIA PUBLIC TRANSIT. WAKE TO THE SOUND OF CHIRPING BIRDS. WALKOUT TO POINT PLEASANT BAY FOR WATER SPORTS. ENTERTAIN GUESTS WITH A NATURAL GAS COOKTOP FOR GOURMET MEALS AND AN OUTDOOR NATURAL GAS HOOKUP FOR UNLIMITED GRILLING. ENJOY SPECTACULAR SUNSETS FROM THE PANORAMIC BAY WINDOW AND PRIVATE 50-FOOT DOCK. RELAX AT THE END OF EACH DAY WITH COZY FIREPLACES AND AN OVERSIZED STEAM SHOWER. RECENT RENOVATIONS INCLUDE SAFETY UPGRADES, UPDATED KITCHEN, BOILER SYSTEM, AND ENGINEERED RETAINING WALL. YOLO.
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| Type | Detached |
| Style | Bungaloft |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,697 |
| Lot Size | 40 ft x 161 ft |
| mls© Number | X14088076 |
| Listed By | RE/MAX FINEST REALTY INC., 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%
- $7,673
- Property tax
- $641
- Heat allowance
- $150
- Housing costs
- $8,464 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$260,000
gross annual household income
- Payment at 4%
- $6,308 / mo
- Cash down
- $299,800
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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