57-59 Gore Street, Kingston, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex 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 $1,545,000 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.
- 7 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 80 x 57.7 ft lot
- Features a unfinished, exposed rock basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient water heating via gas
Description
"Stuart Cottage" A plank style two storey building in historic Sydenham heritage district in downtown Kingston offering 5 self-contained units. A prominent corner lot with distinctive limestone wall. The common vestibule from Gore Street provides access to a main floor three bedroom, one bathroom unit and offers stairs leading to the second floor with one bachelor unit and a spacious one bedroom unit. A separate main floor one bedroom unit enjoys its own front entry and windows for great natural light. Fronting onto King Street there is another one bedroom unit with independent access to this second floor space. There is parking for 2 vehicles and onsite coin laundry. Four units are fully leased and occupied, one unit is vacant lending flexibility to owner occupy or set your own rent. Gross monthly including one parking spot of $5,290.61.
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Property Summary
This multiplex located at 57-59 Gore Street, Kingston is currently for sale and has been available on SousaSells for 438 days. This property is listed at $1,545,000 with an estimated mortgage of $5,143* per month. It has 7 beds, 5 bathrooms, and is 3500-5000 square feet. 57-59 Gore 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 57-59 Gore Street, Kingston, ON K7L 2L3
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 $1,545,000 in Kingston, the legal minimum down payment is $309,000 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 $27,375 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 $27,375.
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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.