223 Princess Street Unit 617, Kingston

Price: $534,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: X12732184

Don't look any further than The Crown Condominiums in the heart of Kingston! This sixth-floor suite offers a stylish 1 bedroom plus den layout with 556 square feet of efficiently designed living space-an excellent opportunity for investors or future end users. The unit is currently leased until September 30th, 2026. Inside, you'll find an open concept floor plan that maximizes functionality, complete with in suite laundry, a modern 4 piece bathroom, and large windows that fill the space with natural light and provide elevated views. Residents enjoy exceptional amenities, including a private rooftop terrace with BBQ stations, dining and lounge areas, greenery, yoga and outdoor activity space; concierge service; an exclusive Fitness Centre and Yoga Studio; and a Party and Multi Purpose Room equipped with a full kitchen. Additional underground parking, bike storage, and lockers are also available for purchase. Developed by IN8 Developments-backed by over 20 years of experience in urban real estate-The Crown Condominiums reflects a commitment to innovative, efficient housing solutions and successful project delivery. Its unbeatable downtown location places you steps from restaurants, cafés, and both chain and boutique retail. Nearly all of historic downtown and Kingston's waterfront are within a 10 minute walk, with quick access to Queen's University and RMC.

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$534,900 - 223 Princess Street Unit 617, Kingston

Condo for Sale in Kingston

127 days on market

Neighbourhood: 22 - East of Sir John A. Blvd

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
X12732184
Property Type
Condo
Status
active
Days on Site
127
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Kingston
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Description

Don't look any further than The Crown Condominiums in the heart of Kingston! This sixth-floor suite offers a stylish 1 bedroom plus den layout with 556 square feet of efficiently designed living space-an excellent opportunity for investors or future end users. The unit is currently leased until September 30th, 2026. Inside, you'll find an open concept floor plan that maximizes functionality, complete with in suite laundry, a modern 4 piece bathroom, and large windows that fill the space with natural light and provide elevated views. Residents enjoy exceptional amenities, including a private rooftop terrace with BBQ stations, dining and lounge areas, greenery, yoga and outdoor activity space; concierge service; an exclusive Fitness Centre and Yoga Studio; and a Party and Multi Purpose Room equipped with a full kitchen. Additional underground parking, bike storage, and lockers are also available for purchase. Developed by IN8 Developments-backed by over 20 years of experience in urban real estate-The Crown Condominiums reflects a commitment to innovative, efficient housing solutions and successful project delivery. Its unbeatable downtown location places you steps from restaurants, cafés, and both chain and boutique retail. Nearly all of historic downtown and Kingston's waterfront are within a 10 minute walk, with quick access to Queen's University and RMC.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,744.31/mo

Includes CMHC insurance ($14,924)

$
$
5%10%50%

5-yr fixed avg.

Principal: $481,410Interest: $326,961
Mortgage Amount$496,334
Total Interest$326,961
Est. Property Tax$379/mo
Total Cost$823,294

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: 22 - East of Sir John A. Blvd

Discover 22 - East of Sir John A. Blvd

22 - East of Sir John A. Blvd 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 22 - East of Sir John A. Blvd

  • 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

22 - East of Sir John A. Blvd 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

223 Princess Street Unit 617, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$379
Insurance (est.)-$111
Net Cash Flow+$985

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 $1070/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 127 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 500 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.

About 22 - East of Sir John A. Blvd

I know 22 - East of Sir John A. Blvd 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.

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 $2,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    223 Princess Street Unit 617, Kingston | $534,900 | Battaglia Team