87 Dauphin Avenue, Kingston

Price: $525,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13427772

This renovated Kingston bungalow is the ultimate mortgage-helper opportunity for young families seeking both modern luxury and smart financial flexibility. Upstairs features three spacious bedrooms and a kitchen, while the fully finished basement offers two additional bedrooms, a second full kitchen, and a private setup perfect for premium rental income. Every major component has been upgraded for ultimate peace of mind, including brand-new windows, new furnace, and a new hot water tank. Nestled in a family-friendly neighborhood close to schools and parks, 87 Dauphin Avenue delivers a turnkey lifestyle where your tenant could help pay your mortgage from day one.

87 Dauphin Avenue - Detached photo 1 of 10 in Kingston, Ontario
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$525,000 - 87 Dauphin Avenue, Kingston

Detached for Sale in Kingston

Neighbourhood: 23 - Rideau

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13427772
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Listing Brokerage
LPT REALTY
Description

This renovated Kingston bungalow is the ultimate mortgage-helper opportunity for young families seeking both modern luxury and smart financial flexibility. Upstairs features three spacious bedrooms and a kitchen, while the fully finished basement offers two additional bedrooms, a second full kitchen, and a private setup perfect for premium rental income. Every major component has been upgraded for ultimate peace of mind, including brand-new windows, new furnace, and a new hot water tank. Nestled in a family-friendly neighborhood close to schools and parks, 87 Dauphin Avenue delivers a turnkey lifestyle where your tenant could help pay your mortgage from day one.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,693.52/mo

Includes CMHC insurance ($14,648)

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5-yr fixed avg.

Principal: $472,500Interest: $320,909
Mortgage Amount$487,148
Total Interest$320,909
Est. Property Tax$372/mo
Total Cost$808,057

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: 23 - Rideau

Discover 23 - Rideau

23 - Rideau 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 23 - Rideau

  • 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

23 - Rideau 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

87 Dauphin Avenue, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
7.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$372
Insurance (est.)-$109
Net Cash Flow+$3,119

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 $750/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.

Market Position

At 24 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 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.

About 23 - Rideau

I know 23 - Rideau well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    87 Dauphin Avenue, Kingston | $525,000 | Battaglia Team