139 Drennan Street, Kingston, ON
Property no longer active
This property was sold on November 23, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rideau. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $349,000 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 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
- 7.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
Investors Dream Prime Kingston Property with Great Potential! Unlock the full potential of this centrally located Kingston property, ideal for savvy investors or renovators. Priced to sell, this detached fixer-upper sits on a mature corner lot and offers a rare opportunity to transform a single-family dwelling into a legal triplex (subject to zoning approval). Unit1: With over 1,500 sq ft of living space, a solid structure, and multiple entry points, the layout lends itself perfectly to a three-unit conversion. Unit2: 627 sq ft. with 2 bed, 1 washroom and kitchen. Possible unit 3 with around 850 sq ft. open space for investors to put their ideas in. Located just minutes from downtown Kingston, Queens University, and public transit, this property is an ideal income-generating opportunity in a high-demand rental market. Whether you're looking to renovate and flip, or renovate and hold, this property offers strong cash flow potential with the right updates. Property being sold 'as is, where is. Seller makes no representations or warranties of any kind.
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Property Summary
This detached home located at 139 Drennan Street, Kingston is currently for sale and has been available on SousaSells for 262 days. This property is listed at $349,000 with an estimated mortgage of $1,162* per month. It has 5 beds, 2 bathrooms, and is 2000-2500 square feet. 139 Drennan Street, Kingston is in the Rideau neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
No historical data available for this property.
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 $349,000 in Kingston, the legal minimum down payment is $17,450 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 $3,710 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 $3,710.
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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.