368 Albert Street, Kingston, ON
Property no longer active
This property was sold on September 11, 2025. This listing is for reference purposes only. to view the sold price.
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 and brick 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.
- 6 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 44 x 69.1 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
Description
Spectacular investment opportunity in the heart of Downtown Kingston, just steps from Queens University and overlooking beautiful Victoria Park. Situated on a large corner lot in one of the citys most desirable student rental districts, this property offers consistent rental demand and strong cash flow. The main floor boasts 9 ft ceilings, wide hallways, a spacious eat-in kitchen with walkout to the rear deck and landscaped yard, a comfortable living room, a full bath, and a generously sized bedroom. The upper level features three oversized, carpet-free bedrooms filled with natural light, along with a well-appointed 5-piece bathroom. The fully finished lower level adds impressive value, offering a large rec room, an additional oversized bedroom, laundry area, and another full bath. Recent upgrades include a new roof (2019), eight updated windows, flooring, and a fully finished lower level. The property is currently leased to excellent tenants at $4,740/month (+ utilities), providing a turnkey, income-generating investment.Whether you're an experienced investor or entering the Queens student rental market for the first time, this property checks all the boxes: location, quality, and reliable returns.
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Property Summary
This detached home located at 368 Albert Street, Kingston is currently for sale and has been available on SousaSells for 312 days. This property is listed at $897,900 with an estimated mortgage of $2,989* per month. It has 6 beds, 3 bathrooms, and is 1500-2000 square feet. 368 Albert 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 368 Albert Street, Kingston, ON K7L 3W2
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.