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$460,000
Kingston
274 Wellington Street, Kingston (East of Sir John A. Blvd), Ontario, K7K2Z1
This 1-bedroom, 3-bathroom home in Kingston is for sale offering roughly 900 sq ft of space. Listed at $460,000, it is attractively priced about 8% below the $499,000 median asking price in Kingston. It has been on the market 56 days, fresher than the Kingston average of 85 days.
Centrally located in Kingston's historic downtown core, 274 Wellington Street presents a flexible investment opportunity with two residential tenancies in place. The property offers approximately 937.95 sq. ft. of above-grade space, configured as two self-contained residential units each with a functional layout and private entrance. Unit 1 (second floor) is a studio style layout and features a full kitchen, 3-piece bath, and spacious living/bedroom area, while Unit 2 (main floor) includes one bedroom, two x 2-piece baths, living area, and mudroom. Zoned as DT2 (Downtown Commercial) this property permits both residential and commercial uses, and is suited for a variety of applications, including professional services, live-work setups, or rental income. Steps from Market Square, City Hall, and waterfront amenities, this is a strategic asset in one of Kingston's most vibrant neighborhoods. Ground floor unit will be vacant as of May 30, 2025. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 85 days across the listings currently for sale in this city
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.
This 1-bed single family in Kingston (East of Sir John A. Blvd) has been listed for 56 days, which is 29 days fresher than the city average of 85. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $460,000, about 6.9× the local median household income of $67,000.
Carrying it typically needs a household income of about $89,854 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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