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Investment signal

$649,900

213 COLBORNE STREET

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Beds

Baths

Sqft

—

Year

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Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kingston (East of Sir John A. Blvd). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Solid investment opportunity in the heart of Kingston. This well-maintained investment property offers strong and consistent income, with a lease in place through April 2027. The property features a functional layout and desirable bedroom count. Located within close proximity to schools, university, transit, and downtown amenities (grocery stores, drug stores), it remains highly attractive to tenants year after year. A turnkey addition to any investment portfolio. The property include a brand new furnace. (id:65958)

Subtype: Single Family
Structure: House
Community: 22 - East of Sir John A. Blvd
Common interest: Freehold
Lot dimensions: 22.5 x 119.8 FT
Bedrooms: 5 above grade
Parking: 1 total
Stories: 2
On market: Apr 22, 2026
Status changed: Apr 22, 2026
Annual tax: $3,367 (2025)
Photos: 7
MLS#: X13028034
Area: KINGSTON_(EAST_OF_SIR_JOHN_A._BLVD)

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

WasherRefrigeratorStoveDryerFurnitureWater Heater

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

Stone

Negative cash flow ~$690/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.4

Break-even rent

$4,026

Financing

Down payment$129,980

Loan amount$519,920

Mortgage$2,634/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$298

Insurance$80

Maintenance$542

CapEx reserve$271

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,634/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.