318 Queen Street, Kingston, ON

$499,000
MLS#:X12053041
2 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey semi-detached located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $499,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 20.08 x 111.62 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Water Heater Owned
  • Efficient radiant heating via gas

Description

I'm very fond of the well-restored cottages in Kingston's downtown core. They sit well with me, feel like small, perfect treasures sewn into the city's tapestry. I enjoy their proving that a modest square footage is more than enough for most of us. And that limited resources were used to create some of the most durable homes. I like that people really live together in these places, rather than retreating to separate wings of some lookalike suburban mansion. A small house is cheaper to run and maintain too, and its diminutive footprint leaves room for others to set up shop. They speak eloquently, in other words, of hard work and a sense of community. 318 Queen St is a fine example, a star pupil. The renovations here are extensive and impressive. It was run for a while as a high-end Airbnb and I suppose that's a possible future once more. It's set up with two bedrooms, and works well that way, but you could also use the ground floor bedroom as a sitting room. With pine floors and barn board trim, a good modern kitchen with a gas stove and island, the effect is of a luxurious condominium, only without the monthly maintenance fee (all utilities have averaged only $190 over the last twelve months). The second floor loft and four-piece ensuite have exposed rafters and twin skylights, an old clawfoot tub, and laundry sulking in the corner. You are right downtown, which means all your favourite shops and restaurants are right around the corner, and the university and hospitals are only a short walk. There is even covered parking behind the house, and if you don't need it yourself you'd be wise to rent out a spot or two.

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Property Summary

This detached home located at 318 Queen Street, Kingston is currently for sale and has been available on SousaSells for 468 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 318 Queen 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

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 6, 2025
Sold price information is available to members only
Listed Date4/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding
BasementCrawl Space
Lot Size20.08 × 111.62 Feet
CountyFrontenac
Annual Tax$2,868
Legal DescriptionLT 29 RCP 1642 KINGSTON CITY S/T & T/W FR238776; KINGSTON ; THE COUNTY OF FRONTENAC

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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318 Queen Street, 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 318 Queen Street, Kingston, ON K7K 1B8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Kingston, ON

For a property listed at $499,000 in Kingston, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population172,546
City Median Age42.8 Yrs
City Ownership63% Owners
Avg Area List Price$734,197

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

St Paul Catholic
Catholic266 McMahon Avenue, Kingston, Ontario, K7M 3H2
6.5
Lord Strathcona
Public251 McMahon Avenue, Kingston, Ontario, K7M 3H4
6.3
Madeleine-de-Roybon
Public72 Gilmour Avenue, Kingston, Ontario, K7M 9G6
7.7
St Marguerite Bourgeoys
Public355 Waterloo Drive, Kingston, Ontario, K7M 8P5
6.3
Polson Park
Public165 Robert Wallace Drive, Kingston, Ontario, K7M 1Y3
6.4

Secondary Schools

Loyalist
Public153 Van Order Drive, Kingston, Ontario, K7M 1B9
5.6
Marie-Rivier
Public711 Dalton Avenue, Kingston, Ontario, K7M 8N6
7.3
Regiopolis/Notre-Dame
Public130 Russell Street, Kingston, Ontario, K7K 2E9
6.9

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.