21 First Avenue, Kingston

$299,500
21 First Avenue

$299,500

Price Change
29d
Detached1 1/2 Storey

21 First Avenue, Kingston

Total Monthly Obligation $1,833

HausQ Valuation Report
Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
29d
Score
47
Yield
9.5%
Cash on Cash
14.3%
Cap Rate
7.7%
5Y IRR
27.2%
10Y IRR
24.5%
Property Type-Detached
MLS® Number-X13822560
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 115.5 ft
Listed on site-Sep 24, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,002.16 (2026)
Parking-4 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LANTHORN REAL ESTATE LTD., BROKERAGE
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Block, Stone
Sewer-Sewer
Possession-flexible
Neighbourhood-22 - East of Sir John A. Blvd
Title-Residential Freehold

No agent assigned

Welcome to this centrally located 3-bedroom ( 2 on the main and 1 up), 1-1/2 storey home in the sought-after Kingscourt neighbourhood. This property offers an excellent opportunity for buyers looking to renovate, personalize, and add value. Numerous important updates have already been completed, including a newer roof, updated furnace, and most windows have been replaced.The home offers a great yard and a detached garage with hydro, providing excellent storage or workshop potential. The interior is in need of cosmetic updating throughout, offering a blank canvas for your vision and finishing touches. With its central location, generous yard, detached garage, and several key updates already in place, this property has plenty of potential to become a charming home or investment opportunity. Bring your ideas and make this Kingscourt gem your own!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$239,600
Land Transfer Taxes$2,968
Legal Fees (Est.)
$
Total cash required for closing$64,368

Total Monthly Obligation

$1,833/mo
Mortgage $1,208
Monthly Loss $1,515
Principal$318
Interest$890
Property Tax$250
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.0%50
Cash-on-Cash
5.4%24
5-Year IRR
20.2%92
10-Year IRR
19.0%
Returns Index
56.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
47/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,308/yr
NOI
$17,975/yr
Net Cash Flow
$290/mo
Cash Margin
12.3%37
Cash Flow Index
36.8/ 100
Risk Profile
Weight: 20%
DSCR
1.2449
LTV Ratio
80.0%18
Vacancy Buffer
5.1 mo85
Risk Index
50.6/ 100

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

Comparables

Properties near 21 First Avenue

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.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.