218 Helen Street, Kingston

$590,000
218 Helen Street

$590,000

New
7d
DetachedBungalow

218 Helen Street, Kingston

Total Monthly Obligation $3,144

Beds
2
Baths
2
Park
2
Sqft
700-1100
DOM
7d
Score
19
Yield
5.2%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-X14086786
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 130.12 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,671.81 (2025)
Parking-2 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stucco (Plaster), Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-14 - Central City East
Title-Residential Freehold

No agent assigned

Nestled in the sought-after Williamsville neighbourhood, this captivating bungalow offers a unique blend of character, comfort, and eco-conscious living! From its low-maintenance "no-mow" front garden to its inviting interior, this special property is full of charm. Inside, a bright, open-concept living and dining area welcomes you with a large front window and beautiful hardwood flooring. The cozy kitchen features granite countertops, while the main level also offers a primary bedroom, a second bedroom, and a full bathroom. There is also a bright, enclosed three-season sunroom (with insulated walls, ceiling, and floor) - a versatile space to enjoy. The finished lower level (with a side entrance) offers excellent flexibility for extended family, guests, or additional living space. This level features a spacious recreation room/bedroom, a kitchen area, a three-piece bathroom, laundry facilities, and plenty of storage. Enjoy the tranquil, nature-inspired setting, where the lush front yard attracts local birdlife, letting you birdwatch right from your front window! Wooden garden benches provide the perfect spot to sit back, relax, and enjoy the peaceful surroundings. The fully fenced backyard is complete with vegetable gardens, a goldfish pond, and is equipped with multiple rain barrels. There is also an impressive workshop/studio, offering abundant natural light through multiple windows, along with insulation and electricity for comfortable, year-round use. Adding exceptional value is the owned rooftop solar photovoltaic system, which generates an average of approximately $3,500 annually, helping offset energy costs while enhancing the property's long-term appeal. Ideally located close to parks, amenities, Queen's University, and downtown, this distinctive property offers urban convenience, versatile living space, and sustainable features.

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

Closing Costs

Mortgage Amount
$472,000
Land Transfer Taxes$8,275
Legal Fees (Est.)
$
Total cash required for closing$127,775

Total Monthly Obligation

$3,144/mo
Mortgage $2,380
Monthly Loss $2,518
Principal$626
Interest$1,754
Property Tax$389
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,600/yr
NOI
$18,368/yr
Net Cash Flow
-$849/mo
Cash Margin
-33.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
25.8/ 100

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

Comparables

Properties near 218 Helen Street

Time

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