29 Kilimanjaro Drive, Loyalist

$729,900
29 Kilimanjaro Drive

$729,900

New
15d
Detached2-Storey

29 Kilimanjaro Drive, Loyalist

Total Monthly Obligation $3,319

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
15d
Score
21
Yield
4.7%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Detached
MLS® Number-X13876348
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-40.03 × 100 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$1 (2026)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX RISE EXECUTIVES, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Mid 2027
Neighbourhood-54 - Amherstview
Title-Residential Freehold

No agent assigned

Welcome to The Tulip, a beautifully designed 2,000 sq. ft. pre-construction detached home by ATEL Group, coming to Lot #25 at 29 Kilimanjaro Drive in Amherstview's growing Loyalist Shores community, with anticipated occupancy in mid-2027. Featuring a striking modern elevation, three bedrooms, 2.5 bathrooms, and a double-car garage, this thoughtfully designed home combines contemporary finishes with a practical layout for everyday living.Step inside to a bright, open-concept main floor with 9-foot ceilings, hardwood flooring, elegant 8-foot interior doors, and smooth ceilings throughout. The spacious great room flows into the dining area and a modern kitchen featuring quartz countertops, a centre island, and plenty of cabinetry. A convenient mudroom with garage access and a main-floor powder room add functionality to the layout.Upstairs, the generous primary bedroom offers a walk-in closet and private ensuite, while two additional bedrooms, a full bathroom, and second-floor laundry complete the space. Quality finishes continue throughout, including quartz bathroom countertops, ceramic tile in designated areas, and thoughtfully selected interior details. The unfinished basement provides additional space for storage or future possibilities.Set on a 35' x 100' lot, this home enjoys a convenient location near Amherstview's main commercial area, with access to shopping, recreational facilities, and Kingston Transit. A new school development is directly across from the community, and a new daycare is just down the road. Lake Ontario waterfront parks and walking trails are nearby, while downtown Kingston is a short drive away.Secure your brand-new home and explore available interior selections and finishes, with time to personalize your future space before construction is complete. Listing price reflects the full HST rebate pursuant to new Ontario legislation for qualifying purchases completed prior to March 31, 2027.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$583,920
Land Transfer Taxes$11,073
Legal Fees (Est.)
$
Total cash required for closing$158,553

Total Monthly Obligation

$3,319/mo
Mortgage $2,944
Monthly Loss $2,545
Principal$775
Interest$2,169
Property Tax$0
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.1%43
10-Year IRR
11.4%
Returns Index
22.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$34,500/yr
NOI
$26,549/yr
Net Cash Flow
-$732/mo
Cash Margin
-25.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
26.0/ 100

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

Comparables

Properties near 29 Kilimanjaro Drive

Time

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