350 Wellington Street 205, Kingston

$574,900
350 Wellington Street 205

$574,900

New
18d
Condo ApartmentApartment

350 Wellington Street 205, Kingston

Total Monthly Obligation $4,003

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
18d
Score
16
Yield
6.0%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Apartment
MLS® Number-X13861306
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$5,165.5 (2026)
Maintenance-$1,053.12/mo
Locker-Common
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Brick
Roof-Tar and Gravel
Foundation-Concrete
Possession-TBA
Neighbourhood-22 - East of Sir John A. Blvd
Title-Residential Condo & Other

No agent assigned

If you've been waiting for a condo in downtown Kingston where you can just move in and enjoy, this is the property for you. Every inch of this condo has been upgraded and updated from top to bottom. The beautiful kitchen features solid maple cabinets, a large pantry with pull-outs, a huge island with cabinets on both sides, and all covered in gleaming granite. Open to the living room and dining area is the fireplace nestled between custom built-in cabinets, with built in pot-lights in the overhead beams that match the hand-scraped hickory flooring, which runs into both bedrooms. The primary bedroom is spacious with a walk-in closet and a spa-like en-suite, and the 2nd full bathroom matches the unit's modern touches and is just outside the second bedroom, which also has a walk-in closet. In-suite laundry with full-sized units, 9ft ceilings throughout, a balcony to enjoy the outside, the condo fees include all utilities except cable/internet, and the Leeuwarden offers a guest suite, party room, library and an exercise room. It sits close to parks and the waterfront walking trail, includes underground parking, and is within walking distance of everything downtown has to offer.

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

Closing Costs

Mortgage Amount
$459,920
Land Transfer Taxes$7,973
Legal Fees (Est.)
$
Total cash required for closing$124,453

Total Monthly Obligation

$4,003/mo
Mortgage $2,319
Monthly Loss $3,392
Principal$610
Interest$1,709
Property Tax$430
Condo Fees$1,053
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
5.2%12
10-Year IRR
7.2%
Returns Index
7.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,476/yr
NOI
$10,825/yr
Net Cash Flow
-$1,417/mo
Cash Margin
-49.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
19.9/ 100

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

Comparables

Properties near 350 Wellington Street 205

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.