$569,900

For sale

#302 2 Bay Street, Kingston (East of Sir John A. Blvd) - Single Family for Sale

#302 2 Bay Street, Kingston (East of Sir John A. Blvd), Ontario, K7K6T7

2 beds2 baths1 parking1,100 ft²$919/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kingston is for sale offering roughly 1,100 sq ft of space. Its $569,900 asking price sits right in line with the $557,999 median in Kingston. It has been on the market 21 days, fresher than the Kingston average of 86 days.

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Description

A rare acquisition opportunity in one of Kingston's heritage buildings, the Bajus Condominiums places investors steps from Queen's University and the downtown core, two of the city's most reliable tenant demand anchors. This bright, well-maintained 2-bedroom, 2 full bathroom suite offers a practical layout with broad appeal across professional, graduate student, anddownsizer tenant segments. Key value drivers include one garage parking space, a newly installed heat pump supporting energy efficiency and tenant comfort, and a comprehensive amenity package: rooftop patio, fitness room, sauna, lounge, and games room - all features that strengthen retention and support premium rental positioning. The building's prime location delivers immediate walkability to Kingston's top dining, retail, and waterfront trails, reducing vacancy risk and sustaining demand across market cycles. A well-maintained suite in anamenity-rich building at this address represents a long-term hold in a high-demand urban corridor. (id:66096)

Property Details

MLS®: X14030618
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Garage: Garage, Underground
Condo Fee: $919/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,641.07/yr
Listed: 21 days ago

Rooms

Main level

Kitchen: 2.69 x 2.46 meters
Living room: 5.49 x 3.59 meters
Dining room: 2.53 x 2.83 meters
Primary Bedroom: 3.52 x 7.58 meters
Bedroom 2: 2.95 x 5.46 meters
Bathroom: 1.81 x 2.37 meters
Bathroom: 2.13 x 2.39 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, Dishwasher, Stove, Dryer, Microwave, Water Heater
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

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

86d

Price / ft²

$518

List price

$570K

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 21 days, which is 65 days fresher than the city average of 86. Act while there is still low competition.

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Listed by RE/MAX FINEST REALTY INC., BROKERAGE · JIM HINTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7K)

This home lists at $569,900, about 8.5× the local median household income of $67,000.

Carrying it typically needs a household income of about $111,321 (20% down, 25-yr amortization, stress-tested) — roughly 66% 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)

$569,900· $518/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,990

Min 5.61%50%

Mortgage payment$2,982/mo

↳ CMHC premium ($21,516 capitalized)

Property tax (est.)$387/mo

Condo fee$919/mo

Total monthly$4,288

Cash Needed to Close

Down payment (5.61%)$31,990

Land transfer tax$7,873

Est. closing costs$4,210

Total cash needed$44,073

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