78 Guthrie Drive, Kingston

$424,900
78 Guthrie Drive

$424,900

New
4d
DetachedBacksplit 3

78 Guthrie Drive, Kingston

Total Monthly Obligation $2,351

Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
4d
Score
25
Yield
6.7%
Cash on Cash
3.7%
Cap Rate
5.4%
5Y IRR
18.5%
10Y IRR
17.0%
Property Type-Detached
MLS® Number-X14094234
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-40.01 × 105.66 ft
Listed on site-Oct 19, 2026
Style-Backsplit 3
Building Type-Detached
Age-31-50
Taxes-$3,146.66 (2026)
Parking-3 - None
Basement-Unfinished
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 Shingle
Foundation-Block
Sewer-Sewer
Possession-30-59 days
Neighbourhood-23 - Rideau
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated 3-bedroom, 1-bathroom home, ideally located just minutes from downtown Kingston with easy access to the 401. Updated throughout, this home offers a bright, fresh, and inviting feel from the moment you step inside. The main floor has been completely refreshed, featuring a brand-new kitchen with new appliances, new flooring throughout the entire home, and fresh, bright paint from top to bottom. The fully renovated bathroom adds to the home's move-in-ready appeal, while the spacious front room features a large window that fills the space with natural light, creating a warm and welcoming setting to relax or entertain. Major updates include a new roof in 2018, windows in 2021, furnace and water tank in 2022, and air conditioner in 2023. With many of the major updates already completed, this home offers the convenience of modern living with added peace of mind. Close to schools, shopping, public transportation, and everyday amenities, with downtown Kingston and the 401 just minutes away. Though A wonderful opportunity to enjoy a move-in-ready home in a convenient Kingston location.

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

Closing Costs

Mortgage Amount
$339,920
Land Transfer Taxes$4,973
Legal Fees (Est.)
$
Total cash required for closing$91,453

Total Monthly Obligation

$2,351/mo
Mortgage $1,714
Monthly Loss $1,900
Principal$451
Interest$1,263
Property Tax$262
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.0%4
5-Year IRR
13.4%60
10-Year IRR
13.3%
Returns Index
31.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$28,308/yr
NOI
$17,831/yr
Net Cash Flow
-$228/mo
Cash Margin
-9.7%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo70
Risk Index
35.3/ 100

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

Comparables

Properties near 78 Guthrie 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.

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.