1409 Sproule Street, Kingston

$599,000
1409 Sproule Street

$599,000

Sold Conditional Escape
9d
Detached1 Storey/Apt

1409 Sproule Street, Kingston

Total Monthly Obligation $2,901

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
9d
Score
20
Yield
5.3%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X14030758
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-85 × 177 ft
Listed on site-Oct 14, 2026
Style-1 Storey/Apt
Building Type-Detached
Age-51-99
Taxes-$3,413 (2025)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-42 - City Northwest
Title-Residential Freehold

No agent assigned

1409 Sproule Street, A Wonderful Place to Call Home. This solidly built brick bungalow with garage sits on an impressive 85' x 177' lot on a quiet, family-friendly street, directly across from a school. Beautifully renovated with a modern open-concept design on both levels, this home offers the perfect blend of style, comfort, and functionality. The thoughtfully updated interior features a stunning maple kitchen with granite countertops, flowing seamlessly into the open living and dining areas-ideal for everyday family living and entertaining. The beautifully renovated bathrooms add a touch of luxury, including heated floors in the basement bathroom and shower floors for added comfort. Step outside to your own private backyard retreat! The spacious, fully usable yard is perfect for hosting family and friends, while the raised aggregate concrete wraparound porch creates an inviting outdoor living space. Enjoy the evenings in the six-person hot tub, installed in 2022, or take advantage of the expansive, flat yard with room for an ice rink in the winter. A charming backyard clubhouse, complete with a mini wood stove for warming up after skating, adds a unique touch that the whole family will love. Additional updates include a repaved driveway in 2018. With its solid brick construction, extensive renovations, generous lot, and exceptional outdoor amenities, 1409 Sproule Street is a fantastic opportunity to enjoy comfortable family living with space to relax, entertain, and make lasting memories. A home that truly offers something for every season!

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,076/mo
Mortgage $2,416
Monthly Loss $2,440
Principal$636
Interest$1,780
Property Tax$284
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.2/ 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
$31,500/yr
NOI
$20,437/yr
Net Cash Flow
-$713/mo
Cash Margin
-27.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.9/ 100

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

Comparables

Properties near 1409 Sproule Street

Time

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