19 Wolfe Street, Kingston

$640,000
19 Wolfe Street

$640,000

New
23d
DetachedBacksplit 3

19 Wolfe Street, Kingston

Total Monthly Obligation $3,422

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
23d
Score
22
Yield
6.1%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X13850662
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-55 × 130.69 ft
Listed on site-Sep 30, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$5,586.91 (2026)
Parking-4 - None
Basement-Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Up, Walk-Out
Heating-Baseboard (Gas)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-18 - Central City West
Title-Residential Freehold

No agent assigned

If what you need right now is more connection, more support and a way to make life a little easier, 19 Wolfe Street offers exactly that. Currently configured for multi generational living, the home offers two distinct side-by-side spaces: a generous two-bedroom, two-level main residence and a bright one-bedroom, two-level garden suite. Because one is not stacked above or below the other, both feel bright, spacious and connected to the outdoors. Each has its own kitchen, full bathroom, laundry, backyard access and flexible additional space for an office, hobbies or overnight guests. Separate entrances provide independence, while an interior door makes it easy to move between the two sides when you want to spend time together-and remain entirely separate when you don't. The main residence opens through a practical mudroom foyer into an oversized traditional kitchen with abundant storage and plenty of counter space for those who love to cook or bake. Vaulted ceilings keep the main level bright and airy, while the two bedrooms, four-piece bathroom and laundry are just a few steps up. Entered through an enclosed solarium porch, the garden suite offers a sleek modern kitchenette, vaulted ceilings with a relaxed Cape Cod feel, sliding doors to the backyard and a cozy gas stove. A new heat pump with air conditioning and smart automated blinds add modern comfort and convenience. All appliances are included, and the driveway accommodates multiple vehicles. Centrally located between Union and Johnson Streets, the property is close to Queen's University's main and west campuses, downtown, the Kingston Centre, transit, shopping and everyday amenities. Whether it makes a first home more attainable or allows generations of a family to remain close, this is one home with room for more than one dream.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$512,000
Land Transfer Taxes$9,275
Legal Fees (Est.)
$
Total cash required for closing$138,775

Total Monthly Obligation

$3,422/mo
Mortgage $2,582
Monthly Loss $2,743
Principal$679
Interest$1,902
Property Tax$466
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.2%51
10-Year IRR
12.4%
Returns Index
26.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$38,880/yr
NOI
$24,905/yr
Net Cash Flow
-$506/mo
Cash Margin
-15.6%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
26.1/ 100

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

Comparables

Properties near 19 Wolfe Street

Time

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