38 Drennan Street, Kingston, ON
Property no longer active
This property was sold on May 12, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 23 - Rideau. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50.1 x 221.76 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.5 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Suite, Primary Bedroom - Main Floor, Auto Garage Door Remote
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Investor alert! Are you looking for some cashflow or a flip opportunity? Or are you a financially savvy homebuyer looking for a mortgage helper or side income? Incredible potential! This property might be exactly what you are looking for! The upper unit features 3 bedrooms, 1 bathroom, a spacious kitchen, with living and dining areas. The lower unit is accessible from a separate entrance and offers 2 bedrooms, 1 bathroom, a living space with a fireplace, and it's own kitchen. Each unit has separate heat controls and access to the shared laundry room with ample storage space. An attached 1.5 car garage and a double-wide driveway offer plenty of parking space. The huge backyard is your private oasis - perfect for relaxing or entertaining! WOW! This home is extremely well-maintained and situated on an exceptionally large and unique lot. Endless opportunity for you to discover! Don't miss your chance to own this cash-flow goldmine, book a showing today!
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 38 Drennan Street, Kingston is currently for sale and has been available on SousaSells for 448 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 38 Drennan Street, Kingston is in the 23 - Rideau neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Interior Features
In-Law Suite, Primary Bedroom - Main Floor, Auto Garage Door Remote, In-Law Capability, Separate Heating Controls, Sump Pump
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Virtual Tours
Location
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 38 Drennan Street, Kingston, ON K7K 2S1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kingston.
Configure Loan Settings
About Purchasing a Home in Kingston, ON
For a property listed at $549,900 in Kingston, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for 23 - Rideau, Kingston.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.