589 Fieldstone Drive, Kingston

$1,129,000
589 Fieldstone Drive

$1,129,000

New
9d
Detached2-Storey

589 Fieldstone Drive, Kingston

Total Monthly Obligation $5,528

Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
9d
Score
15
Yield
3.2%
Cash on Cash
-10.5%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-X14031608
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-47.39 × 100.39 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$7,187.96 (2026)
Parking-4 - Attached
Basement-Full, Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Vinyl Siding, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-13 - Kingston East (Incl Barret Crt)
Title-Residential Freehold

No agent assigned

Enjoy a beautiful natural setting in sought-after Greenwood Park, where this spacious home backs onto the Butternut Creek greenspace and offers nearly 3,500 sq. ft. of finished living space. Inside, quality details are found throughout, including hardwood flooring, extensive crown moulding and custom trim, an intercom system and three fireplaces, two with impressive stone surrounds. The kitchen is designed for both everyday living and entertaining with granite counters, built-in appliances, tiled backsplash and heated flooring. A versatile main-floor room provides options for a home office, den or additional bedroom. Upstairs, you'll appreciate the convenience of second-floor laundry and motorized blinds. The recently finished, spray-foamed lower level expands the possibilities with a walkout, fireplace, 3-piece bath and wet bar/kitchenette with a second dishwasher-an excellent setup for guests, extended family or potential in-law use. Outdoors, enjoy an updated deck, garden shed and limestone walkways, with direct access to a scenic 5 km paved trail right from the property. Recent improvements include a refrigerator (2025), electric cooktop and washer (2023), plus a capped gas line ready for a gas cooktop if preferred. Close to schools, parks, shopping, golf, the community centre, CFB Kingston and RMC, this property combines generous living space, thoughtful upgrades and a peaceful greenspace setting in one of Kingston's established east-end neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$903,200
Land Transfer Taxes$19,055
Legal Fees (Est.)
$
Total cash required for closing$246,355

Total Monthly Obligation

$5,528/mo
Mortgage $4,554
Monthly Loss $4,330
Principal$1,198
Interest$3,356
Property Tax$599
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.7%10
10-Year IRR
6.5%
Returns Index
6.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$36,120/yr
NOI
$20,820/yr
Net Cash Flow
-$2,819/mo
Cash Margin
-93.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.1/ 100

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

Comparables

Properties near 589 Fieldstone Drive

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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