716 NEWMARKET Lane, Kingston, ON
Property no longer active
This property was sold on February 10, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of 23 - Rideau. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $729,900 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 23.58 x 92.98 ft lot
- Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 716 Newmarket Ln. This is a beautiful, 3 plus 1 bedroom, 4 full bathrooms freehold townhouse with amazing water views from the balcony, and the back deck overlooking the Rideau canal is one to surely view. !!! With approximately 2000 ft. plus a fully finished lower level with recreation room, 4 bedroom down, office space and full patio door walkout, all professionally done. This home features 9 foot ceilings on the main floor with hardwood flooring, quartz countertops in the kitchen a full bathroom on the main floor and attach single car garage. Laundry room on the second floor. Large master bedroom with a full ensuite and walk-in closet with its own private balcony and breath taking views. 4 full bathrooms . Amazing city location, as this home sits right next to the third crossing and just minutes away from downtown. And just steps away from the Waterfront Park. Beautiful stainless steel appliances, and California shutters included.
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Property Summary
This townhouse located at 716 NEWMARKET Lane, Kingston is currently for sale and has been available on SousaSells for 625 days. This property is listed at $729,900 with an estimated mortgage of $2,430* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 716 NEWMARKET Lane, Kingston is in the 23 - Rideau 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 716 NEWMARKET Lane, Kingston, ON K7K 0C8
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 $729,900 in Kingston, the legal minimum down payment is $47,990 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 $11,073 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 $11,073.
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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.