350 Wellington Street 101, Kingston

$557,500
350 Wellington Street 101

$557,500

New
17d
Condo ApartmentApartment

350 Wellington Street 101, Kingston

Total Monthly Obligation $3,916

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
5000 +
DOM
17d
Score
80
Yield
35.2%
Cash on Cash
122.4%
Cap Rate
30.9%
5Y IRR
126.6%
10Y IRR
124.8%
Property Type-Condo Apartment
MLS® Number-X13868916
Beds-2
Bathrooms-2
Size-5000 + sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,974.84 (2026)
Maintenance-$1,053.12/mo
Locker-Common
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-Vacant: Flexible Closing
Neighbourhood-22 - East of Sir John A. Blvd
Title-Residential Condo & Other

No agent assigned

Rare opportunity to own a fully accessible ground floor condo in downtown Kingston. Parking spot right outside patio and direct entrance to unit. This condo has been updated and recently decorated and is in move-in condition. Carpet free for ease of maintenance and mobility. The building is minutes from the downtown core and is extremely well maintained and managed. Exercise room, games/meeting room and guest suite just down the hall. Underground parking at additional cost.

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

Closing Costs

Mortgage Amount
$446,000
Land Transfer Taxes$7,625
Legal Fees (Est.)
$
Total cash required for closing$120,625

Total Monthly Obligation

$3,916/mo
Mortgage $2,249
Monthly Loss $3,325
Principal$592
Interest$1,657
Property Tax$415
Condo Fees$1,053
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
28.1%100
Cash-on-Cash
108.2%100
5-Year IRR
113.7%100
10-Year IRR
111.7%
Returns Index
100.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
80/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$196,344/yr
NOI
$156,697/yr
Net Cash Flow
$10,809/mo
Cash Margin
66.1%100
Cash Flow Index
100.0/ 100
Risk Profile
Weight: 20%
DSCR
5.81100
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
50.4/ 100

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

Comparables

Properties near 350 Wellington Street 101

Time

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Data last updated within the past 24 hours.