734 Portsmouth Avenue, Kingston

$399,000
734 Portsmouth Avenue

$399,000

New
28d
DetachedBungalow

734 Portsmouth Avenue, Kingston

Total Monthly Obligation $2,242

HausQ Valuation Report
Beds
2
Baths
1
Park
2
Sqft
< 700
DOM
28d
Score
25
Yield
6.8%
Cash on Cash
3.9%
Cap Rate
5.4%
5Y IRR
18.7%
10Y IRR
17.1%
Property Type-Detached
MLS® Number-X13827948
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-66 × 115 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,088 (2025)
Parking-3 - Detached
Basement-Unfinished
Heating-Forced Air (Propane)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Metal
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-25 - West of Sir John A. Blvd
Title-Residential Freehold

No agent assigned

This charming 2-bedroom, 1-bathroom home is an excellent opportunity for first-time buyers, downsizers, or anyone looking for an affordable property in a central Kingston location. Freshly painted throughout, the home offers a bright and inviting atmosphere.Recent updates provide added peace of mind, including brand-new windows and a durable metal roof, helping reduce future maintenan ceconcerns. One of the standout features is the exceptionally deep backyard-a rare find in the city. Whether you envision summer barbecues, gardening, or simply a private outdoor retreat, this property offers plenty of outdoor space to enjoy. The detached garage adds valuable storage, workshop potential, or convenient parking .While the home could benefit from a little TLC and some personal touches, it presents a fantastic opportunity to build equity and make a space truly your own. Situated close to schools, parks, shopping, restaurants, transit, and Kingston's many amenities, this property combines location, potential, and value in one attractive package. Don't miss your chance to own a home with a fantastic yard, detached garage, and endless possibilities in the heart of Kingston.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,242/mo
Mortgage $1,609
Monthly Loss $1,818
Principal$424
Interest$1,186
Property Tax$257
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.0%4
5-Year IRR
13.3%60
10-Year IRR
13.3%
Returns Index
31.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$27,000/yr
NOI
$16,712/yr
Net Cash Flow
-$217/mo
Cash Margin
-9.6%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
36.3/ 100

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

Comparables

Properties near 734 Portsmouth 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.

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Data last updated within the past 24 hours.