843 Newmarket Lane, Unit 843, Kingston, ON
Property Highlights
Welcome to this remarkable 2-Storey common element condo located in the coveted neighborhood of 23 - Rideau. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $505,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1200-1399 sqft
- Features a partially 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: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This well-maintained townhome puts you close to everything: downtown Kingston, Queens University, CFB Kingston, Highway 401, and the new Waaban Crossing. With quick access to transit, shopping, and parks, this location is a smart choice for professionals, families, or investors. Step inside to a bright kitchen and an open-concept living and dining space with bonus 9' ceilings. The second floor features 3 bedrooms and 2 bathrooms, including a large primary suite with a walk-in closet and a 4-piece ensuite with a relaxing soaker tub. The basement is partially finished, offering flexible space for a rec room, office, or gym. Enjoy low-maintenance outdoor living in your private, fully fenced stone patio area, perfect for BBQs or unwinding. The home also includes an attached garage with convenient inside entry, plus visitor parking right out front. You're just steps from Tim Hortons, multiple dining and shopping options, recreation centers, and public transit. The nearby Waaban Crossing is also ideal for walking or cycling while taking in the water views. Easy access to VIA Rail, the bus terminal, and CFB Kingston makes this location unbeatable.
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Property Summary
This condo apartment located at 843 Newmarket Lane, Kingston is currently for sale and has been available on SousaSells for 453 days. This property is listed at $505,000 with an estimated mortgage of $1,681* per month. It has 3 beds, 3 bathrooms, and is 1200-1399 square feet. 843 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, Fenced Yard, Rec./Commun.Centre, Golf
Interior Features
Auto Garage Door Remote
Security Features
Community Features
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Location
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 843 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 $505,000 in Kingston, the legal minimum down payment is $25,500 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 $6,575 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 $6,575.
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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.