116 Notch Hill Road 9, Kingston

$279,900
116 Notch Hill Road 9

$279,900

New
16d
Condo Townhouse2-Storey

116 Notch Hill Road 9, Kingston

Total Monthly Obligation $2,096

HausQ Valuation Report
Bed+Den
4+1
Baths
3
Park
1
Sqft
1000-1199
DOM
16d
Score
26
Yield
9.3%
Cash on Cash
4.5%
Cap Rate
5.5%
5Y IRR
19.2%
10Y IRR
17.6%
Property Type-Condo Townhouse
MLS® Number-X13877726
Bed+Den-4+1
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$2,479.4 (2026)
Maintenance-$560/mo
Locker-None
Parking-1 - None
Basement-Full, Partially Finished
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Shingle
Roof-Shingles
Foundation-Block
Possession-Min 60 Days
Neighbourhood-18 - Central City West
Title-Residential Condo & Other

No agent assigned

Opportunity knocks! This city centre townhouse offers a wonderful opportunity for a owner occupied purchase, those looking for student living but also those seeking a solid investment. This 3+1 bedroom and 3 bathroom condo townhome is currently rented for $2600/month and tenants will stay for the investor or move for those seeking to occupy. The spacious main floor has a large living room, kitchen and dining space as well as a bathroom and access to the courtyard style fenced rear yard. 3 bedrooms and full bathroom upstairs and the lower level gives you another bathroom, bedroom/rec-room and laundry room. The condo board has just installed a new roof. Parking and water included in monthly fees. Located on public transportation and schools are just a stones throw from this location. Being in midtown Kingston and close to the college and university is a major plus. Grab this affordable opportunity to see yourself in home ownership or try your hands at your first investment.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$223,920
Land Transfer Taxes$2,674
Legal Fees (Est.)
$
Total cash required for closing$60,154

Total Monthly Obligation

$2,096/mo
Mortgage $1,129
Monthly Loss $1,799
Principal$297
Interest$832
Property Tax$207
Condo Fees$560
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.3%29
Cash-on-Cash
-2.7%4
5-Year IRR
13.9%64
10-Year IRR
14.1%
Returns Index
33.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$26,112/yr
NOI
$11,901/yr
Net Cash Flow
-$137/mo
Cash Margin
-6.3%1
Cash Flow Index
1.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8818
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
38.0/ 100

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

Comparables

Properties near 116 Notch Hill Road 9

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.