652 Princess Street 525, Kingston

$285,000
652 Princess Street 525

$285,000

New
3d
Common Element Condo1 Storey/Apt

652 Princess Street 525, Kingston

Total Monthly Obligation $2,021

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
3d
Score
77
Yield
13.5%
Cash on Cash
25.3%
Cap Rate
10.0%
5Y IRR
36.5%
10Y IRR
32.9%
Property Type-Common Element Condo
MLS® Number-X14097544
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Common Element Condo
Taxes-$3,766.91 (2026)
Maintenance-$357.09/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-14 - Central City East
Title-Residential Condo & Other

No agent assigned

Welcome to urban living at its finest in the heart of downtown Kingston! Ideal turn-key opportunity for students, healthcare professionals, or savvy investors. This fully furnished condo offers ultimate convenience-walk to Queen's University, Kingston General Hospital, Historic Market Square, and a vibrant strip of local shops and restaurants. The suite comes completely turn-key with all furnishings and appliances included. Enjoy remarkably low condo fees that include high-speed wi-fi! Outstanding building amenities include a rooftop patio with BBQ grills, a fully equipped fitness centre, and secure underground bike storage. Move right in or start generating rental income immediately in one of Kingston's most desirable locations!

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

Closing Costs

Mortgage Amount
$228,000
Land Transfer Taxes$2,750
Legal Fees (Est.)
$
Total cash required for closing$61,250

Total Monthly Obligation

$2,021/mo
Mortgage $1,150
Monthly Loss $1,718
Principal$303
Interest$847
Property Tax$314
Condo Fees$357
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
8.4%77
Cash-on-Cash
16.8%84
5-Year IRR
29.9%100
10-Year IRR
27.5%
Returns Index
89.1/ 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
$38,364/yr
NOI
$24,076/yr
Net Cash Flow
$857/mo
Cash Margin
26.8%91
Cash Flow Index
91.4/ 100
Risk Profile
Weight: 20%
DSCR
1.7588
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
61.4/ 100

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

Comparables

Properties near 652 Princess Street 525

Time

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Data last updated within the past 24 hours.