195 Belmont Avenue, Kingston

$599,999
195 Belmont Avenue

$599,999

New
4d
DetachedSidesplit 3

195 Belmont Avenue, Kingston

Total Monthly Obligation $3,194

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
4d
Score
22
Yield
6.1%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Detached
MLS® Number-X14093522
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-60 × 115 ft
Listed on site-Oct 19, 2026
Style-Sidesplit 3
Building Type-Detached
Age-51-99
Taxes-$4,783.75 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Rolled
Foundation-Block
Sewer-Sewer
Possession-T.B.A.
Neighbourhood-28 - City SouthWest
Title-Residential Freehold

No agent assigned

Well maintained home in Henderson Place, on of Kingston's most sought-after family neighbourhoods. This inviting 3 bedroom home offers approximately 1,602 sq.ft. of comfortable living space and has seen numerous updates and improvements over the years. The 2018 rear addition expanded the living space and created an updated, open-concept kitchen and living area, featuring new cabinetry and countertops. Additional improvements include a front extension incorporating two bedrooms, an updated basement with new wiring and lighting, newer windows, a new front entrance door (2019), updated bathroom and more. Furnace installed in 2001 and central air conditioning installed in 2008. Enjoy the west-facing full fenced backyard offering a private outdoor setting on a quiet interior street - ideal for relaxing, entertaining or family activities. The location is exceptional with easy walking distance to J.R. Henderson Public School, Frontenac Secondary School, Henderson Pool, tennis and pickleball courts and nearby soccer fields. Shopping, golf and conservation trails are also close by. A wonderful opportunity to move into an established, family-friendly neighbourhood and make this well-cared for home you own.

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

Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,194/mo
Mortgage $2,420
Monthly Loss $2,557
Principal$637
Interest$1,783
Property Tax$399
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.3%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$36,396/yr
NOI
$23,473/yr
Net Cash Flow
-$464/mo
Cash Margin
-15.3%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
27.5/ 100

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

Comparables

Properties near 195 Belmont Avenue

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.