$574,900

For sale

298 College Street, Kingston (Central City East) - Single Family for Sale

298 College Street, Kingston (Central City East), Ontario, K7L4M4

2 beds1 bath2 parking900 ft²33 × 100 ft (3,303 sq ft) lot sizeListed 49 days ago

Overview

This 2-bedroom, 1-bathroom home in Kingston is for sale offering roughly 900 sq ft of space. Listed at $574,900, it is attractively priced about 32% below the $849,000 median asking price in Kingston. It has been on the market 49 days, fresher than the Kingston average of 61 days.

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Description

Welcome to 298 College Street, a well-cared-for brick home in one of Kingston's most walkable and convenient downtown locations. Just a short walk to Queen's University, downtown Kingston, shops, restaurants, parks, and waterfront amenities, this property offers excellent flexibility for those seeking a centrally located residence or great investment property. The home features an updated kitchen, beautiful hardwood floors on both the main floor and upstairs, comfortable living spaces, and a thoughtful layout that has been well maintained over time. Outside, the deep lot provides a generous backyard space rarely found this close to the core, along with the added benefit of a detached garage for additional storage. With its prime location, mature lot, and strong overall appeal, 298 College Street is a fantastic opportunity in the heart of Kingston ready for its new owner. (id:66096)

Property Details

MLS®: X13804514
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 33 × 100 ft (3,303 sq ft)
Frontage: 33 ft
Storeys: 1
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $4,313.95/yr
Listed: 49 days ago

Rooms

Main level

Living room: 5.04 x 3.23 meters
Kitchen: 4.83 x 2.4 meters
Dining room: 2.79 x 3.07 meters

Second level

Bedroom: 4.53 x 3.03 meters
Bedroom 2: 4.63 x 2.43 meters
Bathroom: 1.89 x 1.75 meters

Basement

Laundry room: 6.07 x 5.83 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Foundation: Concrete
Exterior: Brick
Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Kingston (Central City East) listings, avg age

61d

Price / ft²

$639

List price

$575K

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 (Central City East) has been listed for 49 days, which is 12 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX FINEST REALTY INC., BROKERAGE · SANDY NORRIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7L)

This home lists at $574,900, about 7.9× the local median household income of $72,500.

Carrying it typically needs a household income of about $112,298 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.

Median household income: $72,500
Population: 19,621
Median age: 40
Owner / renter: 46% / 54%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA K7L)

$574,900· $639/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,490.00

Min 5.65%50%

Mortgage payment$3,007/mo

↳ CMHC premium ($21,696 capitalized)

Property tax (est.)$359/mo

Total monthly$3,367

Cash Needed to Close

Down payment (5.65%)$32,490

Land transfer tax$7,973

Est. closing costs$4,225

Total cash needed$44,688

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