1242 Leyton Avenue, Kingston

$499,900
1242 Leyton Avenue

$499,900

New
23d
Semi-Detached 2-Storey

1242 Leyton Avenue, Kingston

Total Monthly Obligation $2,638

Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
23d
Score
20
Yield
5.1%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Semi-Detached
MLS® Number-X13842956
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-50.35 × 151.71 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$2,959.18 (2026)
Parking-5.5 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-MCCAFFREY REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Rec Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Metal, Shingles
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-42 - City Northwest
Title-Residential Freehold

No agent assigned

Client RemarksSituated at 1242 Leyton Ave in Kingston, this well-cared-for semi-detached home offers a smart layout, thoughtful updates, and a fantastic oversized one and half-car garage. Set in a well-established residential neighbourhood, the home provides a comfortable setting with convenient access to everyday amenities. The main floor features a bright living room with updated hardwood flooring, a separate dining area, and a refreshed kitchen with updates completed in 2019, plus newer kitchen flooring added in 2021. Upstairs, you'll find three comfortable bedrooms with hardwood flooring through the bedrooms and hallway, along with an updated 4-piece main bath completed in 2017. The lower level offers additional living space with a rec room, laundry/utility area, and storage - ideal for families, hobbies, or a home office setup. This home has seen many important upgrades over the years, including replaced carpet on the stairs, an updated front step handrail and sidewalk, updated garage door and man door, attic insulation upgraded to R40 in 2014, furnace replaced in 2015, hot water tank replaced in 2014, soffit and eavestrough replacement in 2015, main and second-level windows replaced in 2015, metal shingle roof installed in 2022, air conditioning replaced in 2025, and sump pump replaced in 2026. Outside, enjoy a lovely backyard with space to garden, relax, entertain, or let kids and pets play. The location adds to the appeal, with easy access to parks, schools, shopping, restaurants, public transit, recreation facilities, and commuter routes. This part of Kingston is especially practical for those who want to be close to daily necessities without being right in the downtown core. Downtown Kingston, the waterfront, Queen's University, St. Lawrence College, CFB Kingston, and Highway 401 are all within reasonable reach. A solid home with great updates, useful space, and an impressive garage - 1242 Leyton Ave is ready to welcome its next owner.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,638/mo
Mortgage $2,016
Monthly Loss $2,107
Principal$531
Interest$1,486
Property Tax$247
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,512/yr
NOI
$15,502/yr
Net Cash Flow
-$725/mo
Cash Margin
-34.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo63
Risk Index
29.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1242 Leyton Avenue

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