$515,000

For sale

#304 1 Mowat Avenue, Kingston (Central City West) - Single Family for Sale

#304 1 Mowat Avenue, Kingston (Central City West), Ontario, K7M1J8

3 beds1 bath1 parking1,100 ft²$1,359/mo condo feeListed 8 days ago

Overview

This 3-bedroom, 1-bathroom condo in Kingston is for sale offering roughly 1,100 sq ft of space. Listed at $515,000, it is attractively priced about 6% below the $546,000 median asking price in Kingston. It has been on the market 8 days, fresher than the Kingston average of 71 days.

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Description

Welcome to 1 Mowat Avenue, where beautiful views of Lake Ontario meet comfortable condo living in Kingston. This inviting three-bedroom, one-bathroom condo offers a wonderful opportunity to enjoy a spacious layout with a private balcony overlooking the stunning waterfront. Take in the lake views, enjoy your morning coffee outdoors, or unwind at the end of the day in this welcoming lakeside setting. The building offers an excellent selection of amenities, including an outdoor swimming pool, elevator, controlled entry, shared laundry facilities, a community meeting and party room, a guest suite for visiting family and friends. Additional conveniences include one dedicated parking space, visitor parking. Whether you're looking for a place to call home or an opportunity to enjoy Kingston's waterfront lifestyle, this condo is worth a closer look. (id:66096)

Property Details

MLS®: X14128150
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Natural gas
Cooling: Wall unit
Garage: No Garage
Condo Fee: $1,359/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,402.66/yr
Listed: 8 days ago

Rooms

Main level

Living room: 6.57 x 3.9 meters
Dining room: 3.02 x 2.19 meters
Kitchen: 3 x 2.27 meters
Primary Bedroom: 4.32 x 3.56 meters
Bedroom: 3.94 x 3.38 meters
Bedroom: 3.94 x 3.07 meters
Bathroom: 2.42 x 1.5 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, Microwave, Window Coverings
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kingston (Central City West) listings, avg age

71d

Price / ft²

$468

List price

$515K

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 (Central City West) has been listed for 8 days, which is 63 days fresher than the city average of 71. Act while there is still low competition.

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Listed by EXP REALTY, BROKERAGE · TORI NEUMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7M)

This home lists at $515,000, about 6.6× the local median household income of $77,500.

Carrying it typically needs a household income of about $100,598 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.

Median household income: $77,500
Population: 49,268
Median age: 44.4
Owner / renter: 57% / 43%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K7M)

$515,000· $468/ft²

For sale

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Full Cost Breakdown

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Down Payment5.15% · $26,500.00

Min 5.15%50%

Mortgage payment$2,708/mo

↳ CMHC premium ($19,540 capitalized)

Property tax (est.)$367/mo

Condo fee$1,359/mo

Total monthly$4,434

Cash Needed to Close

Down payment (5.15%)$26,500

Land transfer tax$6,775

Est. closing costs$4,045

Total cash needed$37,320

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