1 Mowat Avenue 306, Kingston

$569,900
1 Mowat Avenue 306

$569,900

New
16d
Condo ApartmentApartment

1 Mowat Avenue 306, Kingston

Total Monthly Obligation $3,872

HausQ Valuation Report
Beds
2
Baths
1
Park
11
Sqft
800-899
DOM
16d
Score
23
Yield
8.2%
Cash on Cash
1.6%
Cap Rate
4.9%
5Y IRR
16.8%
10Y IRR
15.7%
Property Type-Condo Apartment
MLS® Number-X13873534
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,830.47 (2026)
Maintenance-$1,053.57/mo
Locker-Common
Parking-1 - None
Basement-None
Heating-Water (Gas)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-FLEXIBLE
Neighbourhood-18 - Central City West
Title-Residential Condo & Other

No agent assigned

Enjoy spectacular views of Lake Ontario from every room of this completely updated 2 BR, 1 Bath condo in the heart of Portsmouth Village. The gorgeous new kitchen has quartz counters, a ceramic backsplash, all new appliances and has been expanded to allow for additional cupboards. There is all new flooring, doors and trim throughout. The large DR and LR is great for entertaining with patio doors to a private beautiful balcony with glass panels and stunning views. There are 2 spacious BR's and all new bath with glass shower and an in unit storage room. The building has a beautiful swimming pool, patio and expansive manicured grounds all on the shores of Lake Ontario. There is laundry on the main floor of the building, as well as a large party room. Condo fees include heat and water. This condo is one of the best kept secrets of Kingston, close to downtown, hospitals, Queen's, St. Lawrence College, waterfront trails and parks, and a marina next door. Vacant and available for immediate possession.

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

Closing Costs

Mortgage Amount
$455,920
Land Transfer Taxes$7,873
Legal Fees (Est.)
$
Total cash required for closing$123,353

Total Monthly Obligation

$3,872/mo
Mortgage $2,299
Monthly Loss $3,267
Principal$605
Interest$1,694
Property Tax$319
Condo Fees$1,054
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.7%3
5-Year IRR
13.0%58
10-Year IRR
13.2%
Returns Index
29.8/ 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
$46,548/yr
NOI
$23,020/yr
Net Cash Flow
-$380/mo
Cash Margin
-9.8%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
24.5/ 100

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

Comparables

Properties near 1 Mowat Avenue 306

Time

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Data last updated within the past 24 hours.