501 Frontenac Street, Unit 404, Kingston, ON
Property no longer active
This property was sold on December 19, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $519,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- Efficient forced air heating via gas
Description
Discover this ideal 2-bedroom, 2-bathroom condo, perfectly situated within walking distance to Queen's University and downtown Kingston. Whether you're looking for a smart investment or a comfortable home, this property checks all the boxes. Previously a fantastic solution for my clients while their daughter attended Queen's, this condo offers the opportunity to rent out the second bedroom to help offset costs. After graduation, you can choose to sell or keep it as a reliable long-term investment. The unit boasts a thoughtful layout featuring: a spacious kitchen with granite countertops, in-suite laundry, a bright living room with south-facing windows that fill the space with natural light. Bedrooms and bathrooms positioned on opposite sides for optimal privacy. The building offers impressive amenities, including a stylish common area, a fully equipped gym, and the convenience of an owned underground parking spot. Available at the end of April 2025, this condo aligns perfectly for your son or daughters next chapter. Do not miss this fantastic opportunity!
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Property Summary
This condo apartment located at 501 Frontenac Street, Kingston is currently for sale and has been available on SousaSells for 590 days. This property is listed at $519,900 with an estimated mortgage of $1,731* per month. It has 2 beds, 2 bathrooms, and is 800-899 square feet. 501 Frontenac 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
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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 501 Frontenac Street 404, Kingston, ON K7K 4L9
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 $519,900 in Kingston, the legal minimum down payment is $26,990 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 $6,873 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 $6,873.
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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.