197 Belmont Avenue, Kingston

$639,900
197 Belmont Avenue

$639,900

New
16d
DetachedBungalow-Raised

197 Belmont Avenue, Kingston

Total Monthly Obligation $3,285

Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
16d
Yield
6.2%
Cash on Cash
2.6%
Cap Rate
5.2%
5Y IRR
17.7%
10Y IRR
16.3%
Property Type-Detached
MLS® Number-X13875522
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 115 ft
Listed on site-Oct 7, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$3,940.47 (2026)
Parking-4 - None
Basement-Apartment, Separate Entrance, Full
Heating-Baseboard (Electric)
Brokerage-SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-60-89 days
Neighbourhood-28 - City SouthWest
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated LEGAL DUPLEX in a highly sought-after neighbourhood, offering exceptional value with market rents (over $4000 per month) for both investors and first-time home buyers. The upper unit features 3 spacious bedrooms and 1 full bathroom, while the lower unit offers 2 bedrooms and 1 full bathroom. Each unit has separate hydro meters, providing added convenience and flexibility for tenants or owner-occupants.Thoughtfully updated throughout, this home boasts a bright, open-concept layout with large windows that fill the living spaces with natural light. Located in a desirable school district and close to parks, shopping, restaurants, transit, and all West-End amenities, this property combines comfort, convenience, and strong investment potential.Whether you're looking to generate rental income, live in one unit while renting the other, or add a turnkey property to your portfolio, this legal duplex is an opportunity you won't want to miss. Call for financials and more info!

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Closing Costs

Mortgage Amount
$511,920
Land Transfer Taxes$9,273
Legal Fees (Est.)
$
Total cash required for closing$138,753

Total Monthly Obligation

$3,285/mo
Mortgage $2,581
Monthly Loss $2,605
Principal$679
Interest$1,902
Property Tax$328
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 197 Belmont Avenue

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.

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Data last updated within the past 24 hours.