$699,000 - 1048 Palmerston Crescent, Kingston
Detached for Sale in Kingston
36 days on market- MLS Number
- X13227936
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Kingston
- Listing Brokerage
- ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
1048 Palmerston Crescent is what home buyer's dreams are made of! Pulling up to this raised brick bungalow, pride of ownership is unmistakable. Stepping inside, the main level offers 1413 square feet of above grade living space plus a fully finished lower level. Upstairs, you will find a bright kitchen with a centre island; clearly the heart of the home, and a front living room with a wood-burning fireplace, an excellent layout for entertaining family and friends. Follow the gleaming hardwood floors down a wide hallway, four spacious bedrooms and one refreshed 4-piece main bath await. The beautifully finished lower level boasts a second wood-burning fireplace with custom built-in shelving, a versatile fifth bedroom and a stylish second 3-piece bathroom that was professionally installed in 2020. Cozy up by either of the home's two fireplaces, or step outside on the deck to relax in the premium Sundance Hot Tub (2017); the ultimate relaxation at the end of a busy day. Beyond its move-in readiness, this home is a masterclass in structural updates and peace of mind, featuring a freshly paved driveway (July 2019) bordered by stone retaining walls (May 2019) and protected by a newer, driveway drainage system (May 2019). All windows have been thoughtfully updated (2010, 2014, and 2016), and a Leaf Gutter Protection installed in the eavestroughs (2020)for low-maintenance living. Enjoy the perennial flower gardens, sprawling raspberry bush, raised herb and vegetable gardens or just sit in the shade of the pergola and sip some lemonade. What makes this property truly special is its location; nestled between Woodbine and Dunham Parks, top ranking schools with abundant greenspace and walking trails, all wrapped up into one wholesome community that is Westwoods. A full list of updates is available at your convenience.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
5-yr fixed avg.
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.
Discover Kingston
Kingston 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 Kingston
- •Convenient location in Kingston
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Kingston 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.
1048 Palmerston Crescent, Kingston
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $635/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.
Market Position
At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kingston.
Investment Perspective
Looking at this as an investment: Kingston properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.