720 Newmarket Lane, Unit 720, Kingston, ON

$734,900
MLS#:X12134605
3 beds
4 baths
1800-1999 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 22, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of 22 - East of Sir John A. Blvd. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $734,900 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.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1800-1999 sqft
  • Features a finished with walk-out 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: Auto Garage Door Remote, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 720 Newmarket Lane - an immaculate end-unit townhome offering terrific water views, class, & functionality in Kingston's River Park. Step inside to discover a bright, open-concept main level featuring rich hardwood floors, modern lighting, & an airy living space that flows into the dining area & contemporary kitchen. Outfitted with quartz countertops, stainless steel appliances, a breakfast bar, & ample cabinetry, the kitchen is perfect for both entertaining & everyday living. The upper level hosts two well-sized bedrooms, including a primary suite with a walk-in closet, private balcony access, & a stunning 5-piece ensuite. The finished walk-out lower level adds even more versatility with a recreation room featuring a floor to ceiling stylish stone adorned gas fireplace, another full 3pc bath, & additional storage - including a regal wine cellar that is sure to impress. Enjoy summer evenings on your private back deck, or take advantage of the attached garage with inside entry & private driveway. This gorgeous, low-maintenance home is just a short drive from parks, schools, shopping, downtown Kingston & CFB ideal for professionals, families, or investors alike.

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Property Summary

This townhouse located at 720 Newmarket Lane, Kingston is currently for sale and has been available on SousaSells for 436 days. This property is listed at $734,900 with an estimated mortgage of $2,446* per month. It has 3 beds, 4 bathrooms, and is 1800-1999 square feet. 720 Newmarket Lane, 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

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
1800-1999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 22, 2025
Sold price information is available to members only
Listed Date5/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFinished with Walk-Out
CountyFrontenac
Annual Tax$4,893.24

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Greenbelt/Conservation, School Bus Route, River/Stream, Public Transit, Park

Interior Features

Auto Garage Door Remote, Water Heater Owned

Security Features

Alarm System

Community Features

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Location

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720 Newmarket Lane, Unit 720, Kingston, ON
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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 720 Newmarket Lane, Kingston, ON K7K 0C8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kingston.

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Interest Rate4.00%
Down Payment$220,470 (30.0%)
* Minimum Canadian down payment required for this price is $48,490.
Amortization Period30 Years
Estimated Monthly Payment$2,446Based on a loan of $514,430 over 30 years.
Purchase Price$734,900
Loan Amount$514,430
Provincial Land Transfer Tax:$11,173
Total Estimated Closing Taxes:$11,173

About Purchasing a Home in Kingston, ON

For a property listed at $734,900 in Kingston, the legal minimum down payment is $48,490 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 $11,173 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 $11,173.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 22 - East of Sir John A. Blvd, Kingston.

Verified Local Data
City Population172,546
City Median Age42.8 Yrs
City Ownership63% Owners
Avg Area List Price$622,882

People & Families

Age Distribution

Household Composition

One-person households
30%
Families with children
35%
Couples without children
31%
Other households
4%

Top Ethnic Origins

English26%
Irish26%
Scottish22%
Canadian17%

Local Schools Guide

Elementary Schools

Central
Public237 Sydenham Street, Kingston, Ontario, K7K 3M3
5.0
Cathedrale
Public301 Johnson Street, Kingston, Ontario, K7L 1Y5
5.8
Rideau
Public9 Dundas Street, Kingston, Ontario, K7L 1N2
7.8
Sir John A. Macdonald
PublicJohnson Street, Kingston, Ontario, K7L 5G2
6.0
Winston Churchill
Public530 Earl Street, Kingston, Ontario, K7L 2K3
7.7

Secondary Schools

Mille-Iles
Public158 Patrick Street, Kingston, Ontario, K7K 3P5
7.0
Regiopolis/Notre-Dame
Public130 Russell Street, Kingston, Ontario, K7K 2E9
6.9
Kingston
Public235 Frontenac Street, Kingston, Ontario, K7L 3S7
6.2
Loyalist
Public153 Van Order Drive, Kingston, Ontario, K7M 1B9
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied63%
Rented37%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.