$439,000

For sale

786 NEWMARKET Lane, Kingston (East of Sir John A. Blvd) - Single Family for Sale

786 NEWMARKET Lane, Kingston (East of Sir John A. Blvd), Ontario, K7K0C8

3 beds2 baths2 parking1,300 ft²$157/mo condo feeListed 31 days ago

Overview

This 3-bedroom, 2-bathroom condo in Kingston is for sale offering roughly 1,300 sq ft of space. Listed at $439,000, it is attractively priced about 21% below the $557,999 median asking price in Kingston. It has been on the market 31 days, fresher than the Kingston average of 85 days.

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Description

PRICED TO SELL! Exceptional Value in River Park! Welcome to this 3-bedroom townhouse in the sought-after River Park community. Offering an excellent combination of location, lifestyle and value, this home is ideally situated with quick access to the new Waaban Crossing, downtown Kingston, CFB Kingston, Royal Military College, Highway 401, shopping, schools, public transit and VIA Rail. Features include a bright white kitchen, laminate flooring throughout, inside entry from the garage, a primary bedroom with walk-in closet, and an unfinished basement ready for your personal touch. Enjoy the scenic Cataraqui River setting, parks, walking trails and easy waterfront access. An excellent opportunity for buyers seeking a well-located townhouse with great potential. A must-see-book your private showing today! (id:66096)

Property Details

MLS®: X13864622
Property Type: Single Family
Zoning: URM2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 18 × 97 ft (1,782 sq ft)
Frontage: 18 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $157/mo
Fee Includes

Rooms

Main level

Foyer: 3.4 x 1.52 meters
Living room: 5.18 x 2.74 meters
Kitchen: 2.74 x 2.13 meters
Dining room: 3.05 x 2.13 meters

Second level

Primary Bedroom: 3.28 x 5.31 meters
Bedroom: 2.77 x 3.4 meters
Bedroom: 2.41 x 3.02 meters

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

Features

Foundation: Poured Concrete
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

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

85d

Price / ft²

$338

List price

$439K

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 3-bed single family in Kingston (East of Sir John A. Blvd) has been listed for 31 days, which is 54 days fresher than the city average of 85. Act while there is still low competition.

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Listed by POWER MARKETING REAL ESTATE INC. · Hamid Riahi

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7K)

This home lists at $439,000, about 6.6× the local median household income of $67,000.

Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$439,000· $338/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,950

Min 5%50%

Mortgage payment$2,312/mo

↳ CMHC premium ($16,682 capitalized)

Property tax (est.)$312/mo

Condo fee$157/mo

Total monthly$2,781

Cash Needed to Close

Down payment (5%)$21,950

Land transfer tax$5,255

Est. closing costs$3,817

Total cash needed$31,022

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