223 Princess Street 714, Kingston

$514,999
223 Princess Street 714

$514,999

New
24d
Condo ApartmentApartment

223 Princess Street 714, Kingston

Total Monthly Obligation $3,009

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
0-499
DOM
24d
Score
15
Yield
2.4%
Cash on Cash
-18.9%
Cap Rate
0.5%
5Y IRR
1.0%
10Y IRR
3.5%
Property Type-Condo Apartment
MLS® Number-X13839214
Bed+Den-2+1
Bathrooms-1
Size-0-499 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,425.67 (2026)
Maintenance-$529/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CERTIFIED REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-22 - East of Sir John A. Blvd
Title-Residential Condo & Other

No agent assigned

Welcome to this brand new, never-lived-in boutique condo in the heart of Kingston. This thoughtfully designed one bedroom plus den suite offers a perfect blend of style and functionality, ideal for modern urban living. The spacious bedroom and generously sized den provide exceptional flexibility-perfect for a home office, guest space, or additional living area. Enjoy stunning views of the bay from your private balcony, creating a serene backdrop for your morning coffee or evening unwind. This unit also includes a highly sought-after owned parking space and locker - an incredibly rare and valuable feature in this building, adding both convenience and long-term appeal. Located in a prime central location, you'll be just steps from Kingston's vibrant downtown, waterfront, shops, and dining. This is a unique opportunity to own a pristine condo with premium features in one of the city's most desirable boutique residences!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$411,999
Land Transfer Taxes$6,775
Legal Fees (Est.)
$
Total cash required for closing$111,275

Total Monthly Obligation

$3,009/mo
Mortgage $2,077
Monthly Loss $2,462
Principal$547
Interest$1,531
Property Tax$202
Condo Fees$529
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
-0.0%5
Cash-on-Cash
-22.5%0
5-Year IRR
-1.6%2
10-Year IRR
2.0%
Returns Index
1.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$12,396/yr
NOI
-$17/yr
Net Cash Flow
-$2,079/mo
Cash Margin
-201.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
-0.001
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
24.7/ 100

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

Comparables

Properties near 223 Princess Street 714

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.