649 Davis Drive 307, Kingston

$369,900
649 Davis Drive 307

$369,900

New
15d
Condo ApartmentApartment

649 Davis Drive 307, Kingston

Total Monthly Obligation $2,816

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
15d
Score
81
Yield
18.4%
Cash on Cash
44.0%
Cap Rate
14.0%
5Y IRR
52.8%
10Y IRR
48.9%
Property Type-Condo Apartment
MLS® Number-X13875276
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,095.15 (2026)
Maintenance-$866.25/mo
Locker-None
Parking-1 - Carport
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-35 - East Gardiners Rd
Title-Residential Condo & Other

No agent assigned

Welcome to 649 Davis Drive Unit #307. This meticulously kept and updated unit in one of the more desirable West end condos is sure to impress and will not disappoint. A spacious foyer area leading to gleaming hardwood flooring welcomes you into a comfortable and functional layout featuring a bright living space with access to your enclosed Sun Room offering lovely views of the surrounding neighbourhood. A comfortable breakfast nook provides plenty of light while relaxing and enjoying your morning coffee off of your beautifully updated Kitchen. A good sized dining area just off of the Kitchen provides an ideal space for family and friends to gather and enjoy a delicious meal. The unit also features in-unit laundry and plenty of closet room to store your belongings. The primary bedroom is spacious and features easy access to an updated 3-piece ensuite while the second bedroom benefits from an additional updated 4 piece bathroom. You will find the unit bright and spacious and that it has been thoughtfully cared for with pride of ownership evidenced throughout. Conveniently located close to the Cataraqui Town Centre, groceries, parks, public transit and other shopping amenities, this unit also features a covered parking spot right by the main entry!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$295,920
Land Transfer Taxes$4,024
Legal Fees (Est.)
$
Total cash required for closing$79,504

Total Monthly Obligation

$2,816/mo
Mortgage $1,492
Monthly Loss $2,424
Principal$393
Interest$1,099
Property Tax$258
Condo Fees$866
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
12.3%96
Cash-on-Cash
34.5%100
5-Year IRR
45.2%100
10-Year IRR
42.0%
Returns Index
99.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
81/ 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
$68,052/yr
NOI
$45,357/yr
Net Cash Flow
$2,288/mo
Cash Margin
40.3%99
Cash Flow Index
99.4/ 100
Risk Profile
Weight: 20%
DSCR
2.5399
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
57.4/ 100

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

Comparables

Properties near 649 Davis Drive 307

Time

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Data last updated within the past 24 hours.