$989,990 - 223 Princess Street Unit 701, Kingston
Condo for Sale in Kingston
129 days on market- MLS Number
- X12486163
- Property Type
- Condo
- Status
- active
- Days on Site
- 129
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Kingston
- Lot Size
- 27,227 sqft
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- KELLER WILLIAMS INSPIRE REALTY, BROKERAGE
Welcome to Unit 701 at 223 Princess Street, The Crown Condominiums in Kingston! This stunning 2-bedroom, 2-bathroom condo offers 665 sq. ft. of modern living space, complete with breathtaking views of Lake Ontario and the luxury of a private terrace. Located in the heart of downtown Kingston, this home puts you just steps away from vibrant shops, restaurants, and entertainment. The sleek, open-concept layout is designed for comfort and style, making it perfect for professionals, couples, or those looking to downsize without sacrificing convenience. This unit includes the rare luxury of a dedicated parking space and additional storage with electricity for your electric bike, the storage unit is a locked system to keep your items safe, providing the ultimate convenience for urban living. The private terrace is the perfect place to relax, entertain, or enjoy the stunning views of the city and lake. Large windows flood the condo with natural light, creating a bright and inviting atmosphere. Whether you're enjoying the tranquillity of your private terrace or exploring all that downtown Kingston has to offer, Unit 701 is the perfect place to call home. Don't miss this incredible opportunity.
Estimate your monthly payments for this property
Estimated Payment
$5,079.16/mo
Includes CMHC insurance ($27,621)
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 701, 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
Premium Pricing
At $1650/sqft, this property is priced above the Kingston average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
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 600 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 $4,125 (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.