$1,150,000

For saleJust listed

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434 PRINCESS Street, Kingston (Central City East) - Single Family for Sale

434 PRINCESS Street, Kingston (Central City East), Ontario, K7L1C2

7 beds3 baths parking

58 William Street, Kingston (Central City East), Ontario, K7L2C4

4 bd3 ba2 pk1,750 ft²Lot size 22 × 104 ft (2,313 sq ft)

Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

229 Park Street, Kingston (Central City East), Ontario, K7L1K4

For saleJust listed

Today

$539K

229 Park Street, Kingston (Central City East), Ontario, K7L1K4

2 bd1 ba2 pk900 ft²Lot size 40 × 82 ft (3,280 sq ft)

Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

199 Toronto Street, Kingston (Central City East), Ontario, K7L4A9

For saleJust listed

5 days ago

$675K

199 Toronto Street, Kingston (Central City East), Ontario, K7L4A9

3 bd2 ba2 pk1,300 ft²Lot size 40 × 132 ft (5,280 sq ft)

Listed by RE/MAX FINEST REALTY INC., BROKERAGE

258 College Street, Kingston (Central City East), Ontario, K7L4M2

For saleJust listed

5 days ago

$750K

258 College Street, Kingston (Central City East), Ontario, K7L4M2

5 bd3 ba8 pk1,300 ft²Lot size 58 × 108 ft (6,181 sq ft)

Listed by RE/MAX FINEST REALTY INC., BROKERAGE

Investment analysis

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$1,150,000

Kingston

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21 × 78 ft (1,670 sq ft) lot size

Overview

This 7-bedroom, 3-bathroom home in Kingston is for sale offering roughly 2,250 sq ft of space. It has been on the market 1 day, fresher than the Kingston average of 60 days.

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Description

Ideally located at the entrance to downtown Kingston, this solid double-brick triplex offers an excellent investment opportunity in a prime rental location. Featuring three self-contained units with a total of 7 bedrooms, including one 4-bedroom unit, one 2-bedroom unit, and one 1-bedroom unit, the rent total is $6750. Conveniently located near Queen's University, downtown amenities, restaurants, shopping, and public transit. Two dedicated parking spaces are accessible from Garrett Street. A fantastic opportunity for investors seeking a well-located, income-generating property in the heart of Kingston. (id:66096)

Property Details

MLS®: X14142456
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 6 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 2,250 ft²
Lot Size: 21 × 78 ft (1,670 sq ft)
Frontage: 21 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $5,865.74/yr
Listed: Yesterday

Rooms

Main level

Kitchen: 3.04 x 4.82 meters
Living room: 4.87 x 3.55 meters
Living room: 4.8 x 4.25 meters
Living room: 4.87 x 3.55 meters
Bedroom: 5.38 x 2.43 meters
Bedroom: 6.04 x 2.74 meters
Kitchen: 3.04 x 4.82 meters

Second level

Kitchen: 3.04 x 4.9 meters
Bedroom: 5.02 x 5.02 meters
Bedroom: 4.26 x 4.41 meters

Third level

Bedroom: 5.79 x 5.68 meters
Bedroom: 5.79 x 5.68 meters

Basement

Bedroom: 5.79 x 5.68 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Dryer, Two Washers, Water Heater
Foundation: Stone
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kingston (Central City East) listings, avg age

60d

Price / ft²

$511

List price

$1.15M

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.

Haho

This 7-bed single family in Kingston (Central City East) has been listed for 1 day, which is 59 days fresher than the city average of 60. Act while there is still low competition.

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Listed by RE/MAX FINEST REALTY INC., BROKERAGE · ELLA WANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7L)

This home lists at $1,150,000, about 15.9× the local median household income of $72,500.

Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 210% 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)

$1,150,000· $511/ft²

For sale

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Full Cost Breakdown

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Down Payment7.83% · $90,000

Min 7.83%50%

Mortgage payment$5,877/mo

↳ CMHC premium ($42,400 capitalized)

Property tax (est.)$489/mo

Total monthly$6,366

Cash Needed to Close

Down payment (7.83%)$90,000

Land transfer tax$19,475

Est. closing costs$5,950

Total cash needed$115,425

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice