211 TORONTO Street, Kingston

Price: $649,000

6 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X12871312

Excellent Investment Opportunity - Well-Maintained Detached House in Prime Downtown Location Turnkey student rental 6 Bedroom detached located in a highly desirable downtown area, offering strong rental demand and an attractive cap rate. This property is in exceptional condition and benefits from easy tenant placement through several local property management companies specializing in student housing. The Upper unit is completely carpet-free and features a spacious living room and a functional kitchen with granite countertops, dishwasher, and ample cupboard space. Upper Level, you'll find three bright and generously sized bedrooms along with a four-piece and two-piece bathroom, making it ideal for student living. Brand new kitchen being Installed. The lower unit offers three bedrooms and a modern three-piece bathroom r. The lower level includes a kitchen with ample cabinetry, and a comfortable living area.

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$649,000 - 211 TORONTO Street, Kingston

Detached for Sale in Kingston

121 days on market
6Beds
3Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X12871312
Property Type
Detached
Status
active
Days on Site
121
Bedrooms
6
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Lot Size
5,899 sqft
Listing Brokerage
HOMELIFE/DIAMONDS REALTY INC.
Description

Excellent Investment Opportunity - Well-Maintained Detached House in Prime Downtown Location Turnkey student rental 6 Bedroom detached located in a highly desirable downtown area, offering strong rental demand and an attractive cap rate. This property is in exceptional condition and benefits from easy tenant placement through several local property management companies specializing in student housing. The Upper unit is completely carpet-free and features a spacious living room and a functional kitchen with granite countertops, dishwasher, and ample cupboard space. Upper Level, you'll find three bright and generously sized bedrooms along with a four-piece and two-piece bathroom, making it ideal for student living. Brand new kitchen being Installed. The lower unit offers three bedrooms and a modern three-piece bathroom r. The lower level includes a kitchen with ample cabinetry, and a comfortable living area.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

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5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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

211 TORONTO Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
6.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$3,405

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

Fair Market Value

At $927/sqft, this property is priced in line with current Kingston market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 121 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.

Excellent Flexibility

With 6 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.

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.

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    211 TORONTO Street, Kingston | $649,000 | Battaglia Team