187 College Street, Kingston

$849,000
187 College Street

$849,000

New
15d
Detached2-Storey

187 College Street, Kingston

Total Monthly Obligation $4,685

Beds
5
Baths
2
Park
3
Sqft
2000-2500
DOM
15d
Yield
4.2%
Cash on Cash
-9.0%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-X13876018
Beds-5
Bathrooms-2
Size-2000-2500 sqft
Lot Size-45 × 148.75 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$10,630 (2025)
Parking-4 - Attached
Basement-Partially Finished
Heating-Baseboard (Electric)
Brokerage-CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Cooling-None
Laundry-No
Fireplace-Living Room
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30 days
Neighbourhood-14 - Central City East
Title-Residential Freehold

No agent assigned

College Street splits with Churchill Crescent just south of Johnson. The pair remind me of a river navigating around immovable bedrock as it makes for the lake. It collects itself again by the time it reaches Hill Street, but that loop (like a knot in a rope, a ring on a finger) contains some of Kingston's finest properties. 187 College is a stately four-bedroom brick home on the north-east corner of that circle. On the market for the first time since 1974 (the house was built in 1948) there are four sprawling bedrooms on the second floor, two full bathrooms, a finished basement with rec room and laundry, two (yes two!) sunrooms at the back, a simple garage, and a collection of faded wall-to-wall carpets spread like the wings of mid-century butterflies. You'll remove those is my guess, as part of a general reworking of these gracious spaces. And they really should film that rejuvenation, the bringing of new life onto one of the street's bigger properties, on one of its most generous, pretty lots. There is a main-floor office (or bedroom) and family room too, and a pull-down ladder reveals a large attic space for your overflow and your development dreams. My first time in the house I recall being momentarily alone in the 25-foot-deep living room, with the old fireplace to my left and a mile of hardwood between me and the distant library shelves. A hot morning sun was working through the trees behind the house. It felt that anything and everything was possible. It felt I was peering through a clear lens into a brilliant future. I would pay good money to hold onto that sensation. And when you visit, when you pause in one room or another to register exactly where you are, and what you can do here, I am convinced you will feel the same way.

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Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,685/mo
Mortgage $3,425
Monthly Loss $3,784
Principal$901
Interest$2,523
Property Tax$886
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 187 College Street

Time

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