135 James Street, Kingston

$415,000
135 James Street

$415,000

New
15d
Detached2-Storey

135 James Street, Kingston

Total Monthly Obligation $2,375

Beds
3
Baths
1
Park
4
Sqft
1100-1500
DOM
15d
Score
26
Yield
7.1%
Cash on Cash
4.6%
Cap Rate
5.6%
5Y IRR
19.2%
10Y IRR
17.6%
Property Type-Detached
MLS® Number-X13878304
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-56 × 110 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$3,910 (2025)
Parking-6 - Attached
Basement-Unfinished
Heating-Radiant (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Wood , Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-30 days
Neighbourhood-22 - East of Sir John A. Blvd
Title-Residential Freehold

No agent assigned

135 James St, a detached three-bedroom home in downtown's Inner Harbour neighbourhood, sits so far back from the road the kids can head for the street and not make it back until lunchtime. There is a covered porch strong as a bunker, and a full-width living room with modern hardwood floors. There is a formal dining room and an old kitchen tucked away at the back. There is also a covered breezeway between the house and the double-deep block garage in which you can build your airship or your go-karts. The three smallish bedrooms gather around the upstairs bathroom. The house was renovated in the 1980s is my guess, and much loved, but it's about due another go. Another unit above the garage would make an awful lot of sense. Something to house the in-laws or help with the mortgage. But you could also just bring the family and call it home pretty much as-is, build vegetable gardens out front, make friends with the marvellous neighbours, walk every morning to the Elm Cafe and Daughters Grocery, or head straight up Pine to the Sunday market.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$332,000
Land Transfer Taxes$4,775
Legal Fees (Est.)
$
Total cash required for closing$89,275

Total Monthly Obligation

$2,375/mo
Mortgage $1,674
Monthly Loss $1,934
Principal$441
Interest$1,233
Property Tax$326
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.3%4
5-Year IRR
14.0%64
10-Year IRR
13.8%
Returns Index
33.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$29,400/yr
NOI
$18,050/yr
Net Cash Flow
-$170/mo
Cash Margin
-6.9%1
Cash Flow Index
1.2/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
35.7/ 100

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

Comparables

Properties near 135 James Street

Time

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