139 Drennan Street, Kingston, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 23 - Rideau. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $484,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 80 x 97 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, Other
- equipped with wall unit(s), window unit(s) central cooling and highly efficient forced air heating via gas
Description
This rare property with prime corner-lot visibility is perfect for the investor, renovator/contractors, or the hands-on buyer ready to unlock serious value. This property offers strong upside potential, though it requires renovation and updating throughout. Unit A (on the main building) features 3 bedrooms, 1 full bathroom; Unit B features 2 bedrooms, 1 full bathroom - ideal for multi-generational living or rental income. A large open space towards the front of the building with separate entrance offers flexibility as a potential 3rd unit. Sold as-is, this property represents a solid project with a layout and location that already works in one's favor (nearby schools, accessible bus routes, and easy highway access). Ample on-site parking rounds out the offering. So bring your vision and build equity in a property with genuine multi-income potential, an excellent opportunity for buyers seeking sweat-equity value in an established Kingston neighbourhood.
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Key Features
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Interior Features
Accessory Apartment, Other
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 139 Drennan Street, Kingston, ON K7K 2S7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kingston, ON
For a property listed at $484,900 in Kingston, the legal minimum down payment is $24,245 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,173 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,173.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.