891 Newmarket Lane, Unit 891, Kingston, ON
Property no longer active
This property was sold on May 16, 2025. This listing is for reference purposes only. to view the sold price.
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 $529,900 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 3 Bathrooms
- Generous living space spanning 1200-1399 sqft
- Features a full, 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, ERV/HRV
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location, Location, Location! This well taken care of townhome located just minutes to downtown Kingston, Queens University, CFB Kingston and the 401 is ready for its next owner. On the main floor you will find a functional bright living space with 9 foot ceilings, a half bath and a south east exposure. The kitchen and living space were upgraded from the original floor plans to accommodate a more functional living space with a peninsula island overlooking the living room. Out the back door you will find a spot to relax on your deck with a natural gas barbecue line for convenience. On the upper floor you will enjoy water views from your oversized windows from the primary bedroom and ensuite 4-piece bathroom. There are 2 additional bedrooms and another full bathroom on this floor making it perfect for investors, young professionals and retirees alike. This home comes with an additional living space found on the lower level that has been finished off with an aesthetically pleasing rec room that could function as an additional bedroom if needed or a great spot to just kick back and relax. It does not get much more convenient than this!
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Property Summary
This condo apartment located at 891 Newmarket Lane, Kingston is currently for sale and has been available on SousaSells for 449 days. This property is listed at $529,900 with an estimated mortgage of $1,764* per month. It has 3 beds, 3 bathrooms, and is 1200-1399 square feet. 891 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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Interior Features
Auto Garage Door Remote, ERV/HRV
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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 891 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 $529,900 in Kingston, the legal minimum down payment is $27,990 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 $7,073 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 $7,073.
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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.