223 Princess Street 802, Kingston

$749,000
223 Princess Street 802

$749,000

New
8d
Condo ApartmentMulti-Level

223 Princess Street 802, Kingston

Total Monthly Obligation $4,664

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
14
Yield
4.2%
Cash on Cash
-13.4%
Cap Rate
1.7%
5Y IRR
5.1%
10Y IRR
6.6%
Property Type-Condo Apartment
MLS® Number-X14084436
Beds-3
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-Multi-Level
Building Type-Condo Apartment
Taxes-$7,400 (2026)
Maintenance-$825.76/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Unknown
Foundation-Block
Possession-Flexible
Neighbourhood-22 - East of Sir John A. Blvd
Title-Residential Condo & Other

No agent assigned

Experience urban living at its finest in this beautifully appointed three-bedroom, two-bathroom condo located on the 8th floor of a highly desirable downtown Kingston building- The Crown. Boasting spectacular, unobstructed water views, this unit offers a great layout perfect for comfortable living and entertaining. The modern kitchen flows seamlessly into the living and dining areas, all framed by large windows that fill the space with natural light. The primary bedroom features its own ensuite bath, while two additional well-sized bedrooms provide flexibility for family, guests, or a home office. Enjoy the convenience of underground parking, a private storage locker, storage for an electric bike and unbeatable access to Kingston's vibrant waterfront, shops, restaurants, and daily amenities-all just steps from your door. It's close proximity to hospitals and Queens University is perfect for professionals, families, or anyone seeking comfort, convenience, and stunning views-this condo is a must-see. Book your showing today.

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Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$4,664/mo
Mortgage $3,021
Monthly Loss $3,869
Principal$795
Interest$2,226
Property Tax$617
Condo Fees$826
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.2%8
Cash-on-Cash
-17.1%0
5-Year IRR
2.5%6
10-Year IRR
5.1%
Returns Index
3.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$31,608/yr
NOI
$8,738/yr
Net Cash Flow
-$2,293/mo
Cash Margin
-87.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.242
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
17.5/ 100

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

Comparables

Properties near 223 Princess Street 802

Time

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