1031 Rainbow Crescent, Kingston

Price: $619,900

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13133968

Located in the desirable Greenwood Park neighbourhood in Kingston's east end, this beautifully maintained home offers a functional layout and stylish living space close to schools, parks, shopping and transit, with downtown Kingston just 10 minutes away. The open concept main floor features a bright living and dining area flowing into the spacious kitchen complete with an abundance of cupboards and a large island perfect for entertaining. Sliding doors from the dining area lead to a covered deck overlooking the fully fenced backyard with a beautiful garden area and storage sheds. A main floor office, convenient2-piece bath and hardwood floors complete this level. Upstairs offers 3 spacious bedrooms and a full 4-piece bath. The finished lower level provides additional living space with a rec room, extra bedroom, 3-piece bath and laundry area - ideal for guests, teens or a home gym. Additional features include a single attached garage and double driveway. A wonderful family home in the sought-after east end with abundant walking trails, recreational facilities and close to CFB Kingston.

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$619,900 - 1031 Rainbow Crescent, Kingston

Detached for Sale in Kingston

56 days on market

Neighbourhood: 13 - Kingston East (Incl Barret Crt)

4Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13133968
Property Type
Detached
Status
active
Days on Site
56
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kingston
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Description

Located in the desirable Greenwood Park neighbourhood in Kingston's east end, this beautifully maintained home offers a functional layout and stylish living space close to schools, parks, shopping and transit, with downtown Kingston just 10 minutes away. The open concept main floor features a bright living and dining area flowing into the spacious kitchen complete with an abundance of cupboards and a large island perfect for entertaining. Sliding doors from the dining area lead to a covered deck overlooking the fully fenced backyard with a beautiful garden area and storage sheds. A main floor office, convenient2-piece bath and hardwood floors complete this level. Upstairs offers 3 spacious bedrooms and a full 4-piece bath. The finished lower level provides additional living space with a rec room, extra bedroom, 3-piece bath and laundry area - ideal for guests, teens or a home gym. Additional features include a single attached garage and double driveway. A wonderful family home in the sought-after east end with abundant walking trails, recreational facilities and close to CFB Kingston.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,180.41/mo

Includes CMHC insurance ($17,295)

$
$
5%10%50%

5-yr fixed avg.

Principal: $557,910Interest: $378,917
Mortgage Amount$575,205
Total Interest$378,917
Est. Property Tax$439/mo
Total Cost$954,122

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Ready to get pre-approved?

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Neighbourhood Guide: 13 - Kingston East (Incl Barret Crt)

Discover 13 - Kingston East (Incl Barret Crt)

13 - Kingston East (Incl Barret Crt) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 13 - Kingston East (Incl Barret Crt)

  • Convenient location in Kingston
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

13 - Kingston East (Incl Barret Crt) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1031 Rainbow Crescent, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$439
Insurance (est.)-$129
Net Cash Flow+$2,632

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $564/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 56 days on site, this property has exceeded the typical selling timeline for Kingston. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Kingston are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kingston. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About 13 - Kingston East (Incl Barret Crt)

I know 13 - Kingston East (Incl Barret Crt) well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1031 Rainbow Crescent, Kingston | $619,900 | Battaglia Team