250 King Street, Unit 4, Kingston, ON

$529,900
MLS#:X11895863
1 beds
2 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of 14 - Central City East. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $529,900 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.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 500-599 sqft
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • Efficient baseboard heating via electric

Description

Welcome to this wonderful, quaint and inviting condo in the heart of downtown Kingston! The moment you enter the door, you will feel welcome and at home. This unique condo has a very functional updated kitchen with granite counters and lots of cupboard space. Adjacent to the kitchen, is the eating area with built-in seating along the window. Enter the living room with the exposed brick wall, custom built-in cabinetry and wood burning fireplace. A 2-piece bath completes the main floor. The spiral staircase leads you to the walkout lower level where you will find the bedroom, 3-piece bath with in floor heating, a laundry closet and a rec room. The exposed limestone wall adds a charm and quaintness to this floor. Ideally located within walking distance to so many amenities, Queen's University, restaurants, hospitals,market square, shopping, theatre, Lake Ontario, parks and more, this home is now ready for new owners and new memories!

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Property Summary

This condo apartment located at 250 King Street, Kingston is currently for sale and has been available on SousaSells for 575 days. This property is listed at $529,900 with an estimated mortgage of $1,764* per month. It has 1 bed, 2 bathrooms, and is 500-599 square feet. 250 King Street, Kingston is in the 14 - Central City East neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 12, 2025
Sold price information is available to members only
Listed Date12/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFinished with Walk-Out, Full
CountyFrontenac
Annual Tax$4,053.02

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Arts Centre, Hospital, Lake/Pond, Library, Marina, Park

Interior Features

None

Security Features

Smoke Detector

Community Features

Location

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250 King Street, Unit 4, Kingston, ON
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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 250 King Street E 2, Kingston, ON K7L 3A9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kingston.

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Interest Rate4.00%
Down Payment$158,970 (30.0%)
* Minimum Canadian down payment required for this price is $27,990.
Amortization Period30 Years
Estimated Monthly Payment$1,764Based on a loan of $370,930 over 30 years.
Purchase Price$529,900
Loan Amount$370,930
Provincial Land Transfer Tax:$7,073
Total Estimated Closing Taxes:$7,073

About Purchasing a Home in Kingston, ON

For a property listed at $529,900 in Kingston, the legal minimum down payment is $27,990 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 $7,073 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 $7,073.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 14 - Central City East, Kingston.

Verified Local Data
City Population172,546
City Median Age42.8 Yrs
City Ownership63% Owners
Avg Area List Price$1,006,863

People & Families

Age Distribution

Household Composition

One-person households
30%
Families with children
35%
Couples without children
31%
Other households
4%

Top Ethnic Origins

English26%
Irish26%
Scottish22%
Canadian17%

Local Schools Guide

Elementary Schools

Winston Churchill
Public530 Earl Street, Kingston, Ontario, K7L 2K3
7.7
Rideau
Public9 Dundas Street, Kingston, Ontario, K7L 1N2
7.8
Cathedrale
Public301 Johnson Street, Kingston, Ontario, K7L 1Y5
5.8
Sir John A. Macdonald
PublicJohnson Street, Kingston, Ontario, K7L 5G2
6.0
Central
Public237 Sydenham Street, Kingston, Ontario, K7K 3M3
5.0

Secondary Schools

Kingston
Public235 Frontenac Street, Kingston, Ontario, K7L 3S7
6.2
Mille-Iles
Public158 Patrick Street, Kingston, Ontario, K7K 3P5
7.0
Regiopolis/Notre-Dame
Public130 Russell Street, Kingston, Ontario, K7K 2E9
6.9
Loyalist
Public153 Van Order Drive, Kingston, Ontario, K7M 1B9
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied63%
Rented37%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.