1208 Greenwood Park Drive, Kingston

$894,000
1208 Greenwood Park Drive

$894,000

New
7d
Detached2-Storey

1208 Greenwood Park Drive, Kingston

Total Monthly Obligation $4,491

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
7d
Score
16
Yield
4.0%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-X14087582
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-50 × 104.17 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,121.99 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-13 - Kingston East (Incl Barret Crt)
Title-Residential Freehold

No agent assigned

This spacious home offers a functional layout with plenty of room for the whole family in a desirable East-End location. Featuring 4 generous bedrooms plus a den, the home includes formal living and dining spaces, a comfortable living room with cozy fireplace, main-floor laundry/mudroom and a convenient powder room. Hardwood flooring runs throughout the main and upper levels, complemented by crown moulding throughout much of the home and a curved wood staircase. The kitchen features granite countertops and plenty of space for everyday family living. Upstairs, the oversized primary bedroom features large windows, a vaulted ceiling and a 5-piece ensuite with soaker tub. Three additional well-sized bedrooms and a 4-piece main bath complete the upper level. The finished lower level provides additional living space with a rec room, den, bathroom with walk-in shower, generous storage and potential for a kitchenette, offering flexibility for guests, teens or extended family. Outside, garden landscaping, exterior lighting, a large deck, and storage shed provide plenty of space to enjoy the yard. Complete with a double-car garage and great curb appeal, this well-cared-for home is conveniently located within easy walking distance of Sir John A. Macdonald Public School and St. Martha Catholic School, with easy access to the many amenities of Kingston's East End.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$715,200
Land Transfer Taxes$14,355
Legal Fees (Est.)
$
Total cash required for closing$194,655

Total Monthly Obligation

$4,491/mo
Mortgage $3,606
Monthly Loss $3,542
Principal$949
Interest$2,657
Property Tax$510
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$36,000/yr
NOI
$21,778/yr
Net Cash Flow
-$1,791/mo
Cash Margin
-59.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
18.9/ 100

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

Comparables

Properties near 1208 Greenwood Park Drive

Time

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