328 Collingwood Street, Kingston, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 14 - Central City East. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $897,900 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.
- 7 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 35 x 84 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient forced air heating via gas
Description
Exceptional income property located in one of the most sought after Queens University rental districts. This spacious 7-bedroom, 2-bathroom home has been thoughtfully updated and expanded to maximize rental appeal, offering strong returns and reliable tenancy. The property underwent a significant extension by KB Homes in 2013, that added extra living space and bedrooms. The remainder of the home was extensively updated in 2006, providing a solid foundation for long-term, low-maintenance ownership. With two dedicated parking spaces at the front and potential to add two more off the rear laneway, the property offers a rare convenience in this area for students with vehicles. Inside, generous living spaces and a practical layout make this home an attractive choice for tenants seeking close proximity to Queens campus and downtown amenities. Currently leased at $6,300/month + utilities to excellent tenants. An excellent turnkey investment in a prime location!
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Property Summary
This detached home located at 328 Collingwood Street, Kingston is currently for sale and has been available on SousaSells for 311 days. This property is listed at $897,900 with an estimated mortgage of $2,989* per month. It has 7 beds, 2 bathrooms, and is 1100-1500 square feet. 328 Collingwood 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 328 Collingwood Street, Kingston, ON K7L 3Y2
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 $897,900 in Kingston, the legal minimum down payment is $64,790 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 $14,433 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 $14,433.
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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.