246-248 Wellington Street, Kingston, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey multiplex located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,100,000 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 4 Bathrooms with 4 functional kitchens
- Generous living space spanning < 700 sqft on a premium 32 x 62 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
Mixed Use Residential with Commercial Store Front. 2024 Gross Income of $92,280. Insurance $4,035.96. Taxes $7,860. Utilities $6,832.20 (2024). Additional property information available in documents. Updated Roof and Vinyl Windows. Hot Water on Demand. Furnace (2025).
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Property Summary
This multiplex located at 246-248 Wellington Street, Kingston is currently for sale and has been available on SousaSells for 447 days. This property is listed at $1,100,000 with an estimated mortgage of $3,661* per month. It has 5 beds, 4 bathrooms, and is < 700 square feet. 246-248 Wellington Street, Kingston is in the 22 - East of Sir John A. Blvd neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 246-248 Wellington Street, Kingston, ON K7K 2Y8
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 $1,100,000 in Kingston, the legal minimum down payment is $220,000 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 $18,475 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 $18,475.
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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.