254 WELLER Avenue, Kingston, ON

$649,900
MLS#:X9406663
6 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 23 - Rideau. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 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.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 53.5 x 150 ft lot
  • Features a walk-up, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient outside/surface configuration
  • Notable attributes: Water Heater
  • Efficient baseboard heating via electric

Description

This 3 bed up and 3 bed down duplex with plenty of parking offers an outstanding opportunity for a savvy investor, or an owner who wants to live in one unit while earning income from the other. Minutes from downtown on a transit route this location offers renters easy access to all points around the city, including an easy trip to the east side for military tenants. Walking distance to local shopping, schools, and restaurants. Large windows in this all brick build provide bright living spaces with some new windows and doors. Shared laundry facilities on the lower level could provide additional income and two meters for electrical service provide greater upside to this investment property for both the landlord and tenants. This well priced listing is available for a quick close with vacant possession - ideal for investors looking to rent to their own tenants.

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Property Summary

This detached home located at 254 WELLER Avenue, Kingston is currently for sale and has been available on SousaSells for 705 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 6 beds, 2 bathrooms, and is 1100-1500 square feet. 254 WELLER Avenue, Kingston is in the 23 - Rideau neighborhood.

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

Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementWalk-Up, Separate Entrance
Lot Size53.5 × 150 Feet
CountyFrontenac
Annual Tax$3,518.41
Legal DescriptionLT 6, PL 1599; S/T & T/W FR447614 ; KINGSTON

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeOutside/Surface

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

Location

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254 WELLER Avenue, 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 254 WELLER Avenue, Kingston, ON K7K 2V2

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$194,970 (30.0%)
* Minimum Canadian down payment required for this price is $39,990.
Amortization Period30 Years
Estimated Monthly Payment$2,163Based on a loan of $454,930 over 30 years.
Purchase Price$649,900
Loan Amount$454,930
Provincial Land Transfer Tax:$9,473
Total Estimated Closing Taxes:$9,473

About Purchasing a Home in Kingston, ON

For a property listed at $649,900 in Kingston, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 23 - Rideau, Kingston.

Verified Local Data
City Population172,546
City Median Age42.8 Yrs
City Ownership63% Owners
Avg Area List Price$550,269

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

Rideau Heights
Public77 MacCauley Street, Kingston, Ontario, K7K 2V8
0.0
St. Francis of Assisi
Catholic114 Wiley Street, Kingston, Ontario, K7K 5B5
0.9
John Graves Simcoe
Public90 Wiley Street, Kingston, Ontario, K7K 5B4
0.3
Molly Brant
Public30 Lyons Street, Kingston, Ontario, K7K 0C9
1.7
St Martha
Public455 St. Martha Street, Kingston, Ontario, K7K 7C2
6.9

Secondary Schools

Regiopolis/Notre-Dame
Public130 Russell Street, Kingston, Ontario, K7K 2E9
6.9
La Salle
Public773 Highway 15, Kingston, Ontario, K7L 4V3
5.8
Mille-Iles
Public158 Patrick Street, Kingston, Ontario, K7K 3P5
7.0
Marie-Rivier
Public711 Dalton Avenue, Kingston, Ontario, K7M 8N6
7.3

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.