1000 King Street W 1202, Kingston

$649,000
1000 King Street W 1202

$649,000

New
9d
Condo ApartmentApartment

1000 King Street W 1202, Kingston

Total Monthly Obligation $5,116

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
9d
Score
77
Yield
15.9%
Cash on Cash
30.4%
Cap Rate
11.1%
5Y IRR
40.9%
10Y IRR
37.1%
Property Type-Condo Apartment
MLS® Number-X14087476
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$5,428.4 (2025)
Maintenance-$1,845.28/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-18 - Central City West
Title-Residential Condo & Other

No agent assigned

1000 King Street West is a distinguished condominium building located in Kingston, Ontario, with a friendly and active social club as well as a variety of community gatherings and activities available to all residents. This high-rise complex comprises 94 units and offers residents a blend of executive & luxury features, plus a combination of urban convenience and scenic surroundings. Situated in the Fairway Hills neighbourhood, a stone's throw from historic Portsmouth Village, #1202-1000 King Street West offers proximity to local shops, parks, hospitals and waterfront trails. The building's location provides easy access to downtown Kingston, allowing for a convenient urban lifestyle. Suite 1202 enjoys a spectacular view of the Cataraqui Golf and Country Club, conservation areas, and the city skyline. Move-In Ready with a flexible closing - features highlighting this unit include: Professionally painted, all-new flooring! 2 bedrooms, 2 baths, In-Suite laundry, Covered balcony, a thoughtful layout for multiple sitting areas, large pantry, storage, dedicated and secure underground parking with a car wash bay, plenty of visitor parking is available, public transit just outside of the front door, and so much more! Residents will also enjoy an additional range of amenities, including: An indoor pool, Jacuzzi, Sauna, Fitness centre, Games room, Library, Garden center, outdoor gardens with streams and sitting areas, Guest suite, common room with kitchen, and lovely patio options for gatherings. 1000 King Street West stands as a notable condominium residence in Kingston, offering a combination of modern amenities, scenic views, and a prime location. For those interested in exploring Suite #1202 or learning more about the building, contacting The Gazeley Real Estate Group and its team of professional realtors in the Kingston area, or a personal real estate broker/agent, is advisable. Welcome Home to Suite 1202-1000 King Street West...we know you are going to love this one!

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Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$5,116/mo
Mortgage $2,618
Monthly Loss $4,427
Principal$689
Interest$1,929
Property Tax$452
Condo Fees$1,845
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
9.7%87
Cash-on-Cash
22.7%96
5-Year IRR
35.1%100
10-Year IRR
32.4%
Returns Index
95.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
77/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$103,452/yr
NOI
$63,135/yr
Net Cash Flow
$2,643/mo
Cash Margin
30.7%96
Cash Flow Index
95.8/ 100
Risk Profile
Weight: 20%
DSCR
2.0195
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
47.1/ 100

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

Comparables

Properties near 1000 King Street W 1202

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.