501 FRONTENAC Street 308, Kingston

$469,900
501 FRONTENAC Street 308

$469,900

New
21d
Condo ApartmentApartment

501 FRONTENAC Street 308, Kingston

Total Monthly Obligation $3,033

HausQ Valuation Report
Beds
3
Baths
1
Park
0
Sqft
1000-1199
DOM
21d
Score
23
Yield
7.6%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Condo Apartment
MLS® Number-X13853984
Beds-3
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$4,132.16 (2025)
Maintenance-$593.04/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-22 - East of Sir John A. Blvd
Title-Residential Condo & Other

No agent assigned

Welcome to 501 Frontenac Street, offering comfort and convenience in the heart of downtown Kingston. This well-designed condo features an open concept floor plan, with 3 bedrooms, with 1 full bathroom and in-suite laundry. Enjoy a functional layout with bright living areas and the bonus of a balcony overlooking the rear courtyard. Ideally located within walking distance to Queen's University, downtown shops, restaurants, parks, and waterfront trails, this is an excellent opportunity for professionals, students, or investors looking to enjoy low-maintenance urban living.

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

Closing Costs

Mortgage Amount
$375,920
Land Transfer Taxes$5,873
Legal Fees (Est.)
$
Total cash required for closing$101,353

Total Monthly Obligation

$3,033/mo
Mortgage $1,895
Monthly Loss $2,534
Principal$499
Interest$1,397
Property Tax$344
Condo Fees$593
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.6%54
10-Year IRR
12.8%
Returns Index
28.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$35,700/yr
NOI
$18,481/yr
Net Cash Flow
-$355/mo
Cash Margin
-11.9%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
28.6/ 100

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

Comparables

Properties near 501 FRONTENAC Street 308

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.