$549,900

$569,900For salePrice drop↓ $20,000 (4%)

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15 Redden Street, Kingston (City SouthWest) - Multi-family for Sale

15 Redden Street, Kingston (City SouthWest), Ontario, K7M4K9

6 beds2 baths parking

197 Belmont Avenue, Kingston (City SouthWest), Ontario, K7M4T3

5 bd2 ba4 pk900 ft²Lot size 60 × 115 ft (6,900 sq ft)

Listed by SUTTON GROUP-MASTERS REALTY INC., BROKERAGE

33 Montgomery Boulevard, Kingston (City SouthWest), Ontario, K7M3N7

For sale

36 days ago

$1.07M

33 Montgomery Boulevard, Kingston (City SouthWest), Ontario, K7M3N7

8 bd4 ba8 pk4,250 ft²Lot size 65 × 150 ft (9,750 sq ft)

Listed by RE/MAX RISE EXECUTIVES, BROKERAGE

Investment analysis

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$549,900

Kingston

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Description

Sought-after Reddendale neighborhood - lightly updated single-family home. The upper floor offers 3 bedrooms and a fully updated bath; the kitchen has been modernized and the home features updated flooring throughout for a fresh, move-in-ready feel. The partly finished basement is ready to customize and has strong potential for an in-law suite, extra bedrooms, or a rec room. If addition living space is something you desire, the permit for a 20x20ft addition is already in place for you to create what you please. For investors, this opportunity could allow you to build an ADU (additional dwelling unit) consisting of a one bedroom, one bathroom unit. (id:66096)

Property Details

MLS®: X13493440
Property Type: Multi-family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 82 × 71 ft (5,822 sq ft)
Frontage: 82 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $3,782.42/yr
Listed: 131 days ago

Rooms

Main level

Kitchen: 3.65 x 3.65 meters
Living room: 3.35 x 3.65 meters
Dining room: 7.36 x 4.57 meters
Bedroom: 3.65 x 4.26 meters
Bedroom: 4.57 x 3.04 meters
Bedroom: 4.57 x 1.77 meters
Bathroom: 2.33 x 3.5 meters

Basement

Bedroom: 3.3 x 2.9 meters
Office: 3.05 x 2.59 meters
Bathroom: 2.13 x 1.52 meters
Utility room: 3.05 x 2.13 meters
Kitchen: 3.66 x 3.2 meters
Bedroom: 6.1 x 3.05 meters
Bedroom: 3.35 x 2.9 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

131d

Kingston (City SouthWest) listings, avg age

42d

Price / ft²

$423

List price

$550K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (K7M)

This home lists at $549,900, about 7.1× the local median household income of $77,500.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.

Median household income: $77,500
Population: 49,268
Median age: 44.4
Owner / renter: 57% / 43%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K7M)

$549,900· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$315/mo

Total monthly$3,198

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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15 Redden Street, Kingston (City SouthWest) - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K7M)

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