2 Mowat Avenue Unit 206, Kingston

Price: $399,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13228796

A well-maintained, carpet-free, two-bedroom, 1.5-bath condominium in the historic Portsmouth Village community presents a compelling opportunity. The primary bedroom is equipped with a walk-in closet and a private two-piece ensuite. Enjoy sitting and having your morning coffee in your sizable enclosed balcony. The building's amenity package is a key value driver: heated outdoor saltwater pool, underground heated parking with car wash station, two guest suites, dual elevators, party room, exercise room with sauna, library, and on-site laundry. Condominium fees covering heat, hydro, and water represent a significant operational advantage for income stability and expense predictability. The location supports strong rental demand - within walking distance of Lake Ontario Park, Providence Care Hospital, Queen's University St Lawrence College, and Kingston's downtown core is just minutes away by car or bus.

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$399,900 - 2 Mowat Avenue Unit 206, Kingston

Condo for Sale in Kingston

32 days on market

Neighbourhood: 18 - Central City West

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13228796
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kingston
Locker
None
Exposure
North
Balcony
Enclosed
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Description

A well-maintained, carpet-free, two-bedroom, 1.5-bath condominium in the historic Portsmouth Village community presents a compelling opportunity. The primary bedroom is equipped with a walk-in closet and a private two-piece ensuite. Enjoy sitting and having your morning coffee in your sizable enclosed balcony. The building's amenity package is a key value driver: heated outdoor saltwater pool, underground heated parking with car wash station, two guest suites, dual elevators, party room, exercise room with sauna, library, and on-site laundry. Condominium fees covering heat, hydro, and water represent a significant operational advantage for income stability and expense predictability. The location supports strong rental demand - within walking distance of Lake Ontario Park, Providence Care Hospital, Queen's University St Lawrence College, and Kingston's downtown core is just minutes away by car or bus.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

$
$
5%10%50%

5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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: 18 - Central City West

Discover 18 - Central City West

18 - Central City West 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 18 - Central City West

  • 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

18 - Central City West 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

2 Mowat Avenue Unit 206, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,344

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 $400/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 32 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

About 18 - Central City West

I know 18 - Central City West 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.

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.

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    2 Mowat Avenue Unit 206, Kingston | $399,900 | Battaglia Team