31 Toronto Street, Kingston, ON
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of 14 - Central City East. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $700,000 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.
- 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50 x 101 ft lot
- Features a separate entrance, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability, Water Heater
- Efficient forced air heating via gas
Description
Spacious home offering 6 bedrooms & 3 bathrooms in one of Kingston's most desirable neighbourhoods, just steps from Winston Churchill Public School & the Kingston Tennis Club, & conveniently located near Queen's University, KGH & Kingston's vibrant Downtown core. The main level consists of a welcoming living area upon entry, flowing into a functional kitchen with ample cabinetry, alongside additional versatile living space. A bright sunroom at the rear of the home, providing an abundance of natural light, as well as two bedrooms & a 3pc bathroom complete this level. Moving upstairs, you'll find two additional well-sized bedrooms along with a full 4pc bath, offering separation & privacy. The lower level with separate access features two more bedrooms, a 3pc bath, & an additional kitchen. Situated on a deep lot with a detached garage & outdoor space, this property is ideally positioned in a proven high-demand rental pocket with consistent student appeal, close to transit, amenities, & Kingston's key institutions, making it a fantastic opportunity for investors seeking a well-located asset with strong potential.
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Property Summary
This detached home located at 31 Toronto Street, Kingston is currently for sale and has been available on SousaSells for 110 days. This property is listed at $700,000 with an estimated mortgage of $2,330* per month. It has 6 beds, 3 bathrooms, and is 1500-2000 square feet. 31 Toronto 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 31 Toronto Street, Kingston, ON K7L 4A3
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 $700,000 in Kingston, the legal minimum down payment is $45,000 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 $10,475 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 $10,475.
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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.