220 Collingwood Street, Kingston

Price: $2,250,000

7 bedrooms, 7 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X12072596

Ultimate Queens Property recently built from ground up. All furnishings included and ready for move-in. 5-minute walk to Queen's Campus. Seven bedrooms, each with individual ensuite and walk-in closet; no bedrooms on the main floor. Main floor double laundry machines, study room with 4 built-in desks, modern open concept kitchen and den with walk-in pantry and two full-size fridges. Huge walk-out deck with natural gas BBQ off of kitchen overlooking large backyard. Central air conditioning and central vacuum. 4 parking spaces including garage. Alarm system and cameras. Investors, property is tenanted under a signed lease effective May 1, 2026 to April 30, 2027, with renewal option, providing annual rental income of $126,000.

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$2,250,000 - 220 Collingwood Street, Kingston

Detached for Sale in Kingston

129 days on market

Neighbourhood: 14 - Central City East

7Beds
7Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X12072596
Property Type
Detached
Status
active
Days on Site
129
Bedrooms
7
Bathrooms
7
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Kingston
Lot Size
4,869 sqft
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Ultimate Queens Property recently built from ground up. All furnishings included and ready for move-in. 5-minute walk to Queen's Campus. Seven bedrooms, each with individual ensuite and walk-in closet; no bedrooms on the main floor. Main floor double laundry machines, study room with 4 built-in desks, modern open concept kitchen and den with walk-in pantry and two full-size fridges. Huge walk-out deck with natural gas BBQ off of kitchen overlooking large backyard. Central air conditioning and central vacuum. 4 parking spaces including garage. Alarm system and cameras. Investors, property is tenanted under a signed lease effective May 1, 2026 to April 30, 2027, with renewal option, providing annual rental income of $126,000.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,952.51/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,800,000Interest: $1,185,753
Mortgage Amount$1,800,000
Total Interest$1,185,753
Est. Property Tax$1,594/mo
Total Cost$2,985,753

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: 14 - Central City East

Discover 14 - Central City East

14 - Central City East 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 14 - Central City East

  • 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

14 - Central City East 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

220 Collingwood Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,750/mo
Range: $4,038 - $5,463
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,750
Maintenance Fees-$0
Property Tax (est.)-$1,594
Insurance (est.)-$469
Net Cash Flow+$2,687

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 $900/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 129 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.

Excellent Flexibility

With 7 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 7 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 14 - Central City East

I know 14 - Central City East 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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    220 Collingwood Street, Kingston | $2,250,000 | Battaglia Team