247 Queen Street, Kingston, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $869,900 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 33.45 x 94.41 ft lot
- 0.0 total parking spaces available
- Notable attributes: In-Law Suite
- Efficient forced air heating via electric
Description
Welcome to 247 Queen St, Kingston! This well-located legal duplex offers an ideal setup for a student rental or a fantastic addition to any investment portfolio. The property features two units, each with excellent rental income and strong appeal to the student market. Unit 1 is a cozy 1-bedroom, 1-bathroom apartment, currently rented at $1,775 per month. Unit 2offers spacious accommodations with 4 bedrooms and 1 bathroom, generating $3,700 monthly. Both units are designed to maximize comfort and convenience for tenants. Situated within walking distance to Queen's University, a gym, grocery stores, restaurants, and all the vibrant amenities of downtown Kingston, this property offers an unbeatable location for students and renters alike. Don't miss this rare opportunity to own a prime investment property with strong rental returns in the heart of Kingston!
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Property Summary
This duplex located at 247 Queen Street, Kingston is currently for sale and has been available on SousaSells for 471 days. This property is listed at $869,900 with an estimated mortgage of $2,896* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 247 Queen 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
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Fenced Yard, Hospital, Public Transit, School Bus Route
Interior Features
In-Law Suite
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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 247 Queen Street, Kingston, ON K7K 1B5
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 $869,900 in Kingston, the legal minimum down payment is $61,990 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 $13,873 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 $13,873.
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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.