501 Frontenac Street 312, Kingston

$445,000
501 Frontenac Street 312

$445,000

New
22d
Condo ApartmentApartment

501 Frontenac Street 312, Kingston

Total Monthly Obligation $2,864

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
22d
Score
22
Yield
7.2%
Cash on Cash
-0.4%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Condo Apartment
MLS® Number-X13849768
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,084.78 (2026)
Maintenance-$528.35/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-14 - Central City East
Title-Residential Condo & Other

No agent assigned

Excellent time to investment or call it a home for this 2-bedroom, 2-bathroom condo, with a living area. 800-899 square ft., Currently rented for $2400/ month. Excellent location, within proximity to Queen's University and downtown Kingston. Suitable for a smart investment or an Inviting, comfortable home, recession-proof investment. Investors can take advantage of buying property with the tenant. Spacious kitchen with granite countertops, in-suite laundry, bright living room with windows that fill the space with natural light. The building offers impressive amenities, including a stylish common area, a fully equipped gym, and the convenience of an owned underground parking spot. PROPERTY IS TENANTED, 24 HOURS NOTICE IS REQUIRED FOR ALL SHOWINGS.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$356,000
Land Transfer Taxes$5,375
Legal Fees (Est.)
$
Total cash required for closing$95,875

Total Monthly Obligation

$2,864/mo
Mortgage $1,795
Monthly Loss $2,391
Principal$472
Interest$1,323
Property Tax$340
Condo Fees$528
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.3%45
10-Year IRR
11.8%
Returns Index
23.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$31,980/yr
NOI
$15,957/yr
Net Cash Flow
-$465/mo
Cash Margin
-17.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
28.8/ 100

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

Comparables

Properties near 501 Frontenac Street 312

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.