1283 Delancey Drive, Kingston

$629,900
1283 Delancey Drive

$629,900

New
17d
Att/Row/Townhouse2-Storey

1283 Delancey Drive, Kingston

Total Monthly Obligation $3,333

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
17d
Score
20
Yield
5.4%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Att/Row/Townhouse
MLS® Number-X13866462
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-27.46 × 104.99 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,009 (2025)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-35 - East Gardiners Rd
Title-Residential Freehold

No agent assigned

Welcome to this stunning 2024 Tamarack end-unit townhome located in the sought-after West Village neighbourhood of Kingston. Offering the perfect blend of modern design, quality finishes, and everyday functionality, this turnkey home features 3 bedrooms, 2.5 bathrooms, and a bright open-concept layout ideal for families and professionals alike. The stylish main floor showcases a beautifully designed kitchen complete with high-end stainless steel appliances, quartz countertops, a large island, ceramic tile backsplash, and a spacious walk-in pantry. Modern fixtures and finishes elevate the space, while the kitchen flows seamlessly into the dining and living areas featuring pot lighting, California shutters, a cozy gas fireplace and sliding doors leading to the fully fenced backyard. An attached garage with inside entry and a convenient powder room complete the main level. Upstairs, the spacious primary suite offers a luxurious 4-piece ensuite featuring quartz countertops, a freestanding soaker tub, and a walk-in tile shower with glass doors, along with a large walk-in closet. The additional bedrooms are generously sized, and the convenience of second-floor laundry makes daily living effortless. Like the kitchen, the bathrooms throughout the home are finished with quartz countertops, while ceramic tile flooring adds durability and style to all wet areas. The finished basement provides exceptional additional living space with high ceilings and large windows, making it the perfect rec room for children, home gym, media room, or office setup. Ideally situated in the center of Kingston, you're just minutes from shopping, restaurants, parks, schools, and everyday amenities. With this nearly new 2024 build, you can enjoy peace of mind knowing major components such as the roof, furnace, A/C, and windows won't need attention for years to come. Simply move in and enjoy modern, low-maintenance living at its finest.

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%
%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,333/mo
Mortgage $2,541
Monthly Loss $2,665
Principal$669
Interest$1,872
Property Tax$417
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.1/ 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
$33,804/yr
NOI
$20,915/yr
Net Cash Flow
-$798/mo
Cash Margin
-28.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.699
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.1/ 100

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

Comparables

Properties near 1283 Delancey Drive

Time

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Data last updated within the past 24 hours.