86 ELLERBECK Street
14 - Central City East, Kingston
$799,900
Alwington District. Located near Queen's University and just two blocks from beautiful Breakwater Park, this spacious 5-bedroom, 2-bathroom home offers an excellent opportunity in a highly desirable Kingston neighbourhood. Easily room for a 6th bedroom. Featuring hardwood flooring throughout much of the home, 2x gas fireplaces and plenty of living space including a living & dining Room PLUS a large Family Room. Furnace (2019) & Windows (2012), Enjoy being just steps from the waterfront & Parks, and in between Main and West Campuses. An excellent opportunity for investors, students, or families looking to enjoy everything this fantastic location has to offer! Currently rented for $4,400 / month + Utilities.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,043 |
| Lot Size | 33 ft x 123 ft |
| mls© Number | X14092548 |
| 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%
- $4,094
- Property tax
- $670
- Heat allowance
- $150
- Housing costs
- $4,915 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$151,000
gross annual household income
- Payment at 4%
- $3,366 / mo
- Cash down
- $159,980
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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