$619,000 - 223 Princess Street Unit 314, Kingston
Condo for Sale in Kingston
126 days on market- MLS Number
- X12853646
- Property Type
- Condo
- Status
- active
- Days on Site
- 126
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Kingston
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX FINEST REALTY INC., BROKERAGE
Welcome to Crown Condominiums at 223 Princess Street in the heart of Downtown Kingston. This brand-new2-bedroom, 2-bathroom condo offers 747 sq. ft. of thoughtfully designed living space in one of Kingston's most walkable and connected locations. Situated on the third floor with northwest exposure, this bright and modern suite features an open-concept kitchen and living area, large windows, and a private balcony overlooking the downtown streetscape. The kitchen offers contemporary cabinetry, stainless steel appliances, and clean finishes, while the carpet-free design adds to the sleek, low-maintenance appeal. The primary bedroom includes a full 4-piece ensuite, and the second bedroom is ideal for guests, a roommate, or a dedicated home office. In-suite laundry, smart home technology (smart door lock, smart lighting, and smart thermostat), and an exclusive same-floor locker provide everyday convenience. Crown Condominiums is a secure, professionally managed building with concierge service, a fully equipped fitness centre, party and meeting rooms, visitor parking, and a beautifully designed rooftop terrace with BBQ stations and lounge areas. Residents also enjoy bicycle storage and a repair workstation. Step outside, and you are within walking distance to Queen's University, Kingston General Hospital, the waterfront, Market Square, local cafés, restaurants, shops, The Grand Theatre, and all that Kingston has to offer. Whether you work downtown, at the hospital, or at Queen's, this is urban living without compromise. A great opportunity to own a new-build condo in historic Downtown Kingston - ideal for professionals, first-time buyers, or anyone seeking a modern lifestyle in the city's most vibrant neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,175.79/mo
Includes CMHC insurance ($17,270)
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.
223 Princess Street Unit 314, 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
Fair Market Value
At $884/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 126 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.
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.
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.
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 $2,579 (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.