275 Division Street, Kingston, ON
Property no longer active
This property was sold on February 12, 2025. This listing is for reference purposes only. to view the sold price.
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 brick front and stone construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 20 x 95.5 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Carpet Free, Accessory Apartment
- Efficient forced air heating via gas
Description
Great investment opportunity in Kingston's downtown core and close to Queen's University, sits this renovated 2 storey red brick duplex finished with the modern touch throughout. Both units are 2 bedrooms, with the main floor unit having laundry, and a rear door to the private courtyard like backyard with a stone patio and the detached single car garage accessed by shared lane. Both rented until the end of April 2025 with Unit 1 @ $2050/month and Unit 2 @ $2030 with all tenants splitting utilities. Vacant possession available for both units, but Unit 2 would like to stay and are great tenants. Perfect timing for a parent looking for a place with extra income, and netting $43,460 makes a great move for the investor with a cap rate just above 6%.
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Property Summary
This duplex located at 275 Division Street, Kingston is currently for sale and has been available on SousaSells for 596 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 275 Division 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
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Features
Property Features
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Interior Features
Primary Bedroom - Main Floor, Carpet Free, Accessory Apartment
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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 275 Division Street, Kingston, ON K7K 3Z7
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 $699,900 in Kingston, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.