652 Princess Street, Unit 1, Kingston, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 14 - Central City East. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $299,999 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Sage Kingston, a contemporary condominium ideally situated in the heart of Kingston. This well-appointed south-facing 1-bedroom, 1-bathroom suite offers an efficient open-concept layout designed to maximize natural light and functionality. The modern kitchen features quality cabinetry, granite counters and stainless steel appliances, while the bright living area offers ample workspace and opens to a private balcony. Suite 501 is being sold fully furnished and includes a storage locker, making it an ideal turnkey investment or future residence. Currently rented on a month-to-month basis for $1,947 per month to an excellent tenant who is happy to remain and also willing to go, this property offers immediate rental income with exceptional flexibility for investors. Based on the current income and operating expenses, the property generates positive cash flow. Professional property management isavailable through either Sage Property Management or Heron Management, the current management company utilized by the seller, providing a convenient, low-maintenance ownership experience. Residents enjoy premium building amenities including a fully equipped fitness centre, rooftop terrace and garden, party/meeting room, secure entry, bike storage, and on-site management. Conveniently located within walking distance of Queen's University, Kingston General Hospital, downtown Kingston, public transit, shopping, restaurants, and everyday amenities, Sage Kingston continues to be one of the city's most sought-after locations for students and professionals alike. This is an outstanding opportunity to acquire a fully furnished, immediate-income-producing condo in a professionally managed building with strong long-term rental appeal.
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Property Summary
This condo apartment located at 652 Princess Street, Kingston is currently for sale and has been available on SousaSells for 2 days. This property is listed at $299,999 with an estimated mortgage of $999* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 652 Princess 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Interior Features
Carpet Free
Security Features
Alarm System, Concierge/Security
Community Features
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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 652 Princess Street 501, Kingston, ON K7L 1E5
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 $299,999 in Kingston, the legal minimum down payment is $15,000 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 $2,975 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 $2,975.
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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.