1424 Heath Street, Kingston

$635,000
1424 Heath Street

$635,000

New
15d
DetachedBungalow

1424 Heath Street, Kingston

Total Monthly Obligation $3,223

Beds
3
Baths
2
Park
6
Sqft
700-1100
DOM
15d
Score
22
Yield
5.8%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Detached
MLS® Number-X13877396
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-90 × 165 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,434.49 (2026)
Parking-8 - Detached
Basement-Full, Development Potential, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-42 - City Northwest
Title-Residential Freehold

No agent assigned

Welcome home to 1424 Heath Street, a beautifully updated and exceptionally well-cared-for all-brick bungalow set on a large, park-like lot in theheart of Westbrook. Warm, inviting, and thoughtfully maintained, this home offers a wonderful balance of comfortable living, flexible space, andan impressive outdoor setting. The main floor features a bright living room, a spacious kitchen with plenty of room to gather, three comfortablebedrooms, a four-piece bathroom, and a charming sunroom where you can relax and enjoy views of the private, tree-lined yard. The lower levelextends the living space with a generous recreation room, a three-piece bathroom, laundry, and abundant storage-ideal for guests, hobbies, ahome office, or growing families. Outside, the expansive grounds offer space to garden, entertain, or simply enjoy the peaceful surroundings.Completing this exceptional property is the massive heated detached garage, providing approximately 580 sq. ft. of versatile workspace plusadditional storage-a rare and valuable feature for hobbyists, tradespeople, collectors, or anyone needing room for vehicles and equipment.Offering pride of ownership, space, privacy, and remarkable versatility, this special Westbrook property feels like a private retreat while remainingclose to Kingston's west-end amenities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$508,000
Land Transfer Taxes$9,175
Legal Fees (Est.)
$
Total cash required for closing$137,675

Total Monthly Obligation

$3,223/mo
Mortgage $2,561
Monthly Loss $2,549
Principal$674
Interest$1,887
Property Tax$286
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$36,600/yr
NOI
$25,006/yr
Net Cash Flow
-$478/mo
Cash Margin
-15.7%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
27.5/ 100

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

Comparables

Properties near 1424 Heath Street

Time

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