721 Millwood Drive, Kingston

$595,000
721 Millwood Drive

$595,000

New
17d
Semi-Detached Bungalow

721 Millwood Drive, Kingston

Total Monthly Obligation $3,167

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
17d
Score
20
Yield
5.4%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Semi-Detached
MLS® Number-X13867992
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-48.72 × 127.22 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Semi-Detached
Age-16-30
Taxes-$4,707.09 (2026)
Parking-6 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LANTHORN REAL ESTATE LTD., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-IMMEDIATE
Neighbourhood-28 - City SouthWest
Title-Residential Freehold

No agent assigned

Welcome to Pine Hill Estates, a desirable adult lifestyle community offering comfortable living and an exceptional sense of community. This well-appointed 1,390 sq. ft. home features 4 bedrooms (2+2), 3 baths (ensuite), and a thoughtfully designed layout and a fully finished lower level. The main floor showcases vaulted ceilings, a gas fireplace, a convenient mudroom/laundry area with garage entrance, and a bright rear sunroom with patio doors leading to a spacious two-level deck-perfect for relaxing or entertaining. The lower level provides excellent additional living space with a very appealing and large rec room area, the 2 additional well-sized bedrooms, ample storage space, a full bathroom, and a hobby/workshop area. A double attached garage, central air conditioning, and high-end water purification system add everyday comfort and convenience. Enjoy access to the Pine Hill Estates clubhouse with a variety of organized social activities for an annual fee of just $400. Ideally located close to Lemoine Point Conservation Area and Landings Golf Course, this home offers an appealing combination of relaxed community living, recreation, and convenience. A wonderful opportunity to enjoy an active adult lifestyle in a welcoming neighborhood.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,167/mo
Mortgage $2,400
Monthly Loss $2,536
Principal$632
Interest$1,768
Property Tax$392
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.6/ 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
$32,400/yr
NOI
$19,953/yr
Net Cash Flow
-$737/mo
Cash Margin
-27.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
26.2/ 100

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

Comparables

Properties near 721 Millwood Drive

Time

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