1118 Lincoln Drive, Kingston

Price: $549,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13148134

Welcome to 1118 Lincoln Drive - a beautifully appointed raised bungalow situated on a sprawling corner lot (approximately 94' x 113'). The generous yard offers exceptional outdoor space and exciting severance potential. The main level features a bright, open-concept kitchen, living, and dining area highlighted by hardwood floors throughout, a natural gas fireplace insert, and a large bay window that fills the space with natural light. Three well-sized bedrooms and a modern 3-piece bathroom complete the upper level, including a spacious primary bedroom. The fully finished lower level offers tremendous versatility - ideal as additional living space future basement suite. Recent updates provide peace of mind: shingles (2021), furnace (2020), central A/C (2023), updated electrical panel and wiring, refreshed front steps leading to a covered porch (2021), and updated doors and vinyl windows throughout.

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$549,900 - 1118 Lincoln Drive, Kingston

Detached for Sale in Kingston

51 days on market
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13148134
Property Type
Detached
Status
active
Days on Site
51
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Listing Brokerage
AXON REAL ESTATE BROKERAGE INC.
Description

Welcome to 1118 Lincoln Drive - a beautifully appointed raised bungalow situated on a sprawling corner lot (approximately 94' x 113'). The generous yard offers exceptional outdoor space and exciting severance potential. The main level features a bright, open-concept kitchen, living, and dining area highlighted by hardwood floors throughout, a natural gas fireplace insert, and a large bay window that fills the space with natural light. Three well-sized bedrooms and a modern 3-piece bathroom complete the upper level, including a spacious primary bedroom. The fully finished lower level offers tremendous versatility - ideal as additional living space future basement suite. Recent updates provide peace of mind: shingles (2021), furnace (2020), central A/C (2023), updated electrical panel and wiring, refreshed front steps leading to a covered porch (2021), and updated doors and vinyl windows throughout.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.27/mo

Includes CMHC insurance ($15,342)

$
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5%10%50%

5-yr fixed avg.

Principal: $494,910Interest: $336,129
Mortgage Amount$510,252
Total Interest$336,129
Est. Property Tax$390/mo
Total Cost$846,382

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.

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Neighbourhood Guide: Kingston

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

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

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.

70
Walk Score
Varies
Price Range

1118 Lincoln Drive, 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)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$2,695

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 $786/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 51 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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 $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1118 Lincoln Drive, Kingston | $549,900 | Battaglia Team