556 Brock Street, Kingston

Price: $799,900

6 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12694864

Duplex in great downtown location. This student rental is in exceptional condition and easy to rent with local-area property management companies that specialize in student rentals. Excellent cap rate with competitive rents. Completely carpet-free main unit offers a large living room, functional kitchen with tons of cupboard space, dishwasher and granite countertops. The primary bedroom on the main floor is spacious and boasts a three-piece ensuite. The second floor has three large bedrooms with tons of light and four-piece bath. The rear unit has two bedrooms and a three piece bath with newer shower on the main floor. The lower level has a kitchen with granite countertops, ample cupboard space, stackable washer/dryer and a cozy living room. Separate electric metres. There is ONE parking space in a tandem car driveway that is SHARED with the house to the west. Additional parking is available for rent close by. Updates include newer roof, windows (2018), shower in the back unit (2020), new fridge in front unit (2025), new floors and paint in back unit (2022) and attic insulation. All tenants have leases until April 30 2026.

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$799,900 - 556 Brock Street, Kingston

Detached for Sale in Kingston

129 days on market
6Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12694864
Property Type
Detached
Status
active
Days on Site
129
Bedrooms
6
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kingston
Lot Size
2,154 sqft
Listing Brokerage
COLDWELL BANKER FIRST OTTAWA REALTY INC., BROKERAGE
Description

Duplex in great downtown location. This student rental is in exceptional condition and easy to rent with local-area property management companies that specialize in student rentals. Excellent cap rate with competitive rents. Completely carpet-free main unit offers a large living room, functional kitchen with tons of cupboard space, dishwasher and granite countertops. The primary bedroom on the main floor is spacious and boasts a three-piece ensuite. The second floor has three large bedrooms with tons of light and four-piece bath. The rear unit has two bedrooms and a three piece bath with newer shower on the main floor. The lower level has a kitchen with granite countertops, ample cupboard space, stackable washer/dryer and a cozy living room. Separate electric metres. There is ONE parking space in a tandem car driveway that is SHARED with the house to the west. Additional parking is available for rent close by. Updates include newer roof, windows (2018), shower in the back unit (2020), new fridge in front unit (2025), new floors and paint in back unit (2022) and attic insulation. All tenants have leases until April 30 2026.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kingston

Discover Kingston

Kingston is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kingston

  • Convenient location in Kingston
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kingston offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

556 Brock Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$3,266

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $533/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 129 days on site, this property has exceeded the typical selling timeline for Kingston. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Kingston are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kingston.

Investment Perspective

Looking at this as an investment: Kingston properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    556 Brock Street, Kingston | $799,900 | Battaglia Team