1530 Albany Drive, Kingston

$724,900
1530 Albany Drive

$724,900

New
8d
Detached2-Storey

1530 Albany Drive, Kingston

Total Monthly Obligation $3,741

Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
8d
Score
18
Yield
4.6%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-X14084068
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-12.2 × 31.79 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,304.26 (2025)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-East
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-42 - City Northwest
Title-Residential Freehold

No agent assigned

Welcome to this beautifully finished and thoughtfully upgraded 2017-built home in the family-friendly Midland Park neighbourhood. The bright main floor features 9-foot ceilings, engineered hardwood flooring, and plenty of natural light. The spacious kitchen offers granite countertops, a tiled backsplash, a breakfast-bar peninsula, walk-in pantry, and a newer suite of smart appliances, including a gas range. The adjoining dining area opens through French doors to the deck and fully fenced, east-facing backyard, complete with a gas BBQ hookup. With beautiful evening light and no direct rear-facing neighbours, it is the perfect place to relax or entertain. The impressive living room features a soaring cathedral ceiling, newer electric fireplace with a custom feature wall, and a remote-operated power window blind. Upstairs, the spacious primary retreat offers its own cathedral ceiling, walk-in closet, and luxurious 5-piece ensuite with more than seven feet of counter and cupboard space. Two additional bedrooms, a full bathroom, and convenient second-floor laundry complete the upper level. The fully finished basement provides even more versatile living space, including an additional bedroom and full bathroom with heated flooring-ideal for guests, teenagers, a home office, recreation area, or private family retreat. Additional features include inside entry from the double-car garage, central air conditioning, and a newly sodded front lawn that enhances the home's curb appeal. Ideally located close to schools, playgrounds, shopping, and Highway 401, this move-in-ready home delivers the style, space, comfort, and convenience today's families are looking for. Beautifully finished, meticulously maintained, and ready for you. Book your private showing today and experience everything this exceptional home has to offer.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$579,920
Land Transfer Taxes$10,973
Legal Fees (Est.)
$
Total cash required for closing$157,453

Total Monthly Obligation

$3,741/mo
Mortgage $2,924
Monthly Loss $2,972
Principal$769
Interest$2,155
Property Tax$442
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,300/yr
NOI
$20,166/yr
Net Cash Flow
-$1,244/mo
Cash Margin
-44.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.1/ 100

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

Comparables

Properties near 1530 Albany 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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Data last updated within the past 24 hours.