85 Hamilton Street, Kingston

$1,075,000
85 Hamilton Street

$1,075,000

New
11d
Detached2-Storey

85 Hamilton Street, Kingston

Total Monthly Obligation $5,261

Beds
8
Baths
4
Park
4
Sqft
3000-3500
DOM
11d
Yield
7.5%
Cash on Cash
9.2%
Cap Rate
6.6%
5Y IRR
23.0%
10Y IRR
20.8%
Property Type-Detached
MLS® Number-X14088604
Beds-8
Bathrooms-4
Size-3000-3500 sqft
Lot Size-54 × 150 ft
Listed on site-Oct 12, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$6,598.33 (2026)
Parking-4 - None
Basement-Full
Heating-Baseboard (Electric)
Brokerage-SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Concrete, Stone
Sewer-Sewer
Possession-Subject to existing tenancies
Neighbourhood-22 - East of Sir John A. Blvd
Title-Residential Freehold

No agent assigned

Two residential buildings, eight bedrooms, four full bathrooms and $105,600 in gross annual rental income, all less than one kilometer from Queen's University's main campus. Fully leased with an established history of rental demand, 85 Hamilton Street combines the character of a detached brick home with the benefits of a newer, separate rear building.The front house offers four bedrooms, two full bathrooms and two living areas. The rear building provides four bedrooms and two full bathrooms across two floors, each with its own separate entrance and spacious, functional living areas. Set on a generous, pie-shaped lot, the buildings frame an inviting shared outdoor space that gives the property a welcoming residential feel. Each building has its own driveway and parking. Low-maintenance exteriors, modern HVAC systems and newer metal roofs add practical appeal to this manageable income property in central Kingston.

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Closing Costs

Mortgage Amount
$860,000
Land Transfer Taxes$17,975
Legal Fees (Est.)
$
Total cash required for closing$234,475

Total Monthly Obligation

$5,261/mo
Mortgage $4,336
Monthly Loss $4,120
Principal$1,141
Interest$3,195
Property Tax$550
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 85 Hamilton Street

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