$409,900

For sale

272 Wellington Street, Kingston (East of Sir John A. Blvd) - Single Family for Sale

272 Wellington Street, Kingston (East of Sir John A. Blvd), Ontario, K7K2Z1

2 beds1 bath0 parking900 ft²15 × 83 ft (1,234 sq ft) lot sizeListed 64 days ago

Overview

This 2-bedroom, 1-bathroom home in Kingston is for sale offering roughly 900 sq ft of space. Listed at $409,900, it is attractively priced about 18% below the $499,000 median asking price in Kingston. It has been on the market 64 days, fresher than the Kingston average of 85 days.

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Description

Ideally & centrally located in Kingston's historic downtown, 272 Wellington Street offers 937.09 sq. ft. of above-grade space currently configured as a professional office use, with the potential for residential conversion. The layout includes a kitchen, dining area, living space, 3-piece bath, and two generously sized bedrooms on the second level, making it well-suited for a variety of live-work or adaptive re-use applications. Bright, well-maintained, and within walking distance to Market Square, City Hall, and the waterfront, this property presents a rare opportunity to invest in flexible, centrally located space in one of Kingston's most vibrant neighborhoods. (id:66096)

Property Details

MLS®: X13740656
Property Type: Single Family
Zoning: Dt2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 900 ft²
Lot Size: 15 × 83 ft (1,234 sq ft)
Frontage: 14 ft
Storeys: 2
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $6,835.6/yr
Listed

Rooms

Main level

Dining room: 3.61 x 3.65 meters
Kitchen: 3.09 x 3.61 meters
Living room: 3.14 x 3.46 meters

Second level

Primary Bedroom: 4.4 x 3.48 meters
Bedroom: 3.45 x 3.16 meters
Bathroom: 1.2 x 2.46 meters

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

Features

Appliances: Water Heater
Foundation: Stone
Exterior: Wood, Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

Kingston (East of Sir John A. Blvd) listings, avg age

85d

Price / ft²

$455

List price

$410K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Kingston (East of Sir John A. Blvd) has been listed for 64 days, which is 21 days fresher than the city average of 85. Act while there is still low competition.

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Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE · MARK MALINOFF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7K)

This home lists at $409,900, about 6.1× the local median household income of $67,000.

Carrying it typically needs a household income of about $80,068 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $67,000
Population: 33,705
Median age: 37.2
Owner / renter: 44% / 56%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA K7K)

$409,900· $455/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,495

Min 5%50%

Mortgage payment$2,159/mo

↳ CMHC premium ($15,576 capitalized)

Property tax (est.)$570/mo

Total monthly$2,729

Cash Needed to Close

Down payment (5%)$20,495

Land transfer tax$4,673

Est. closing costs$3,730

Total cash needed$28,898

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