383 Bernice Drive, Kingston

$699,900
383 Bernice Drive

$699,900

New
21d
DetachedBacksplit 3

383 Bernice Drive, Kingston

Total Monthly Obligation $3,628

Beds
4
Baths
2
Park
4
Sqft
1500-2000
DOM
21d
Score
18
Yield
4.8%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-X13854708
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-49.73 × 165.51 ft
Listed on site-Oct 2, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$5,151.75 (2026)
Parking-6 - Attached
Basement-Full, Finished, Crawl Space
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Mid-December
Neighbourhood-28 - City SouthWest
Title-Residential Freehold

No agent assigned

Welcome to this wonderful family home nestled in a sought-after neighbourhood, where comfort, space, and outdoor enjoyment come together beautifully. Surrounded by mature trees and featuring a backyard playground oasis, this home is the perfect setting for growing families and making lasting memories. Offering four bedrooms, two full bathrooms, and three spacious living areas, there is plenty of room for everyone. The bright, open-concept living and dining area is ideal for everyday living and entertaining, while the fully renovated kitchen impresses with crisp white cabinetry, quartz countertops, stylish backsplash, stainless steel appliances, built-in microwave and range hood, and elegant crown moulding. With abundant counter space and storage, this kitchen is as functional as it is beautiful. Upstairs, you'll find three generously sized bedrooms and a well-maintained four-piece bathroom complete with a convenient laundry chute. The lower level offers exceptional versatility with a large fourth bedroom, three-piece bathroom, inviting family room with a beautiful stone gas fireplace, and direct access to the patio and backyard. A spacious recreation room provides the perfect space for kids, a home office, or family entertainment. A dedicated laundry area, abundant storage, and large crawl space add to the functionality, while walkout access from the basement leads directly to the double car garage. Step outside to your private backyard oasis featuring an expansive patio and natural gas BBQ hookup, perfect for summer gatherings, family barbecues, and entertaining friends. Ideally located within walking distance to the Lakeshore community pool and close to some of Kingston's best schools, shopping, and scenic trails at Lemoine Point, this exceptional home offers the perfect blend of family comfort, outdoor enjoyment, and everyday convenience.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,628/mo
Mortgage $2,823
Monthly Loss $2,885
Principal$743
Interest$2,080
Property Tax$429
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,900/yr
NOI
$20,858/yr
Net Cash Flow
-$1,085/mo
Cash Margin
-38.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.9/ 100

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

Comparables

Properties near 383 Bernice Drive

Time

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