$299,999

For sale

#304 652 PRINCESS Street, Kingston - Single Family for Sale

#304 652 PRINCESS Street, Kingston, Ontario, K7L1E5

1 bed1 bath446 ft²$320/mo condo feeListed 8 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kingston is for sale offering roughly 446 sq ft of space. Listed at $299,999, it is attractively priced about 29% below the $424,900 median asking price in Kingston. It has been on the market 8 days, fresher than the Kingston average of 65 days.

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Description

This meticulously designed 1-bedroom, 1-bathroom condo offers a turnkey investment or living opportunity, perfect for young professionals, investors, or parents of students attending Queen's University. Fully furnished and leased at $1,850/month until the end of August 2029, this residence provides a seamless, income-generating option. Located within walking distance of Queen's University and Downtown Kingston, this property combines unbeatable convenience with modern comfort. The building features a range of premium amenities, including a gym, lounge, bicycle storage, rooftop patio, and more. The unit itself boasts in-suite laundry, stainless steel appliances, and sleek, contemporary finishes.Don’t miss this hassle-free opportunity in a prime location! (id:66096)

Property Details

MLS®: 40874386
Property Type: Single Family
Zoning: C4-557
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Interior Size: 446 ft²
Year Built: 2022
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Open, Visitor Parking
Condo Fee: $320/mo
Fee Includes: Landscaping, Water, Insurance
Ownership: Condo/Strata

Rooms

Main level

3pc Bathroom
Primary Bedroom: 9'0'' x 7'11''
Living room: 9'8'' x 13'8''
Kitchen: 5'5'' x 16'7''

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 Built-in
Exterior: Brick
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kingston listings, avg age

65d

Price / ft²

$673

List price

$300K

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 1-bed single family in Kingston has been listed for 8 days, which is 57 days fresher than the city average of 65. Act while there is still low competition.

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Listed by Chestnut Park Realty Southwestern Ontario Limited · LEE QUAILE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7L)

This home lists at $299,999, about 4.1× the local median household income of $72,500.

Carrying it typically needs a household income of about $58,600 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$299,999· $673/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,999.95

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,400 capitalized)

Property tax (est.)$311/mo

Condo fee$320/mo

Total monthly$2,211

Cash Needed to Close

Down payment (5%)$15,000

Land transfer tax$2,975

Est. closing costs$3,400

Total cash needed$21,375

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