28 Park Crescent, Kingston, ON
Property no longer active
This property was sold on January 13, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Other vacant land located in the coveted neighborhood of 28 - City SouthWest. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $750,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 57 x 150 ft lot size
- Notable attributes: None
Description
Fall asleep to the sound of the Lake Ontario waves lapping against the shoreline. This building lot with spectacular southwest water views of Lake Ontario and in a very desirable, quiet neighborhood is a rare find. The Reddendale neighbourhood offers five parks (three are waterfront), an excellent elementary school within walking distance and is ideal for young families and retirees alike. This property is ideally situated and offers the convenience of downtown access and shopping within ten minutes. This exceptional lot offers both custom builders and discriminating home buyers an excellent opportunity to build a dream home with Lake Ontario water views. A new build for sale in the neighbourhood with no waterview is currently for sale for $2.17 million. This lot is level with 57' of frontage and 150' depth. A building envelope has been approved by the City of Kingston for a 3,300 sq. ft. footprint. The listing agents have detailed new surveys and planning documentation with required setbacks to explain the building possibilities. The adjacent property to the Southeast, 22 Park Crescent, could also be purchased separately. Build your dream home in an exceptional, beautifully landscaped neighbourhood designed the way people were meant to live with generous space, various waterfront parks, and a front-row waterview seat of both the weather and four seasons
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Property Summary
This vacant land located at 28 Park Crescent, Kingston is currently for sale and has been available on SousaSells for 588 days. This property is listed at $750,000 with an estimated mortgage of $2,496* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 28 Park Crescent, Kingston is in the 28 - City SouthWest neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 28 Park Crescent, Kingston, ON K7M 4J2
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 $750,000 in Kingston, the legal minimum down payment is $50,000 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 $11,475 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 $11,475.
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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.