$849,900 - 223 Princess Street Unit 702, Kingston
Condo for Sale in Kingston
129 days on market- MLS Number
- X12600450
- Property Type
- Condo
- Status
- active
- Days on Site
- 129
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Kingston
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX RISE EXECUTIVES, BROKERAGE
Welcome to Kingston's newest state of the art condominium residence, The Crown. Perfectly positioned in the heart of downtown and steps from the waterfront, restaurants, shops, and entertainment. This brand new 3 bedroom suite offers a rare blend of luxury, space, and convenience-ideal for professionals, downsizers, or anyone seeking premium urban living. Inside, you'll find a bright and contemporary layout featuring high ceilings, and large windows that fill the home with natural light. Step out onto your private balcony and enjoy beautiful water views, the perfect place to unwind from the cozy living space. Functional kitchen with high end appliances and lots of cupboard space. The spacious primary bedroom provides a true retreat with its walk in closet and 4 piece ensuite bathroom. Two additional bedrooms offer flexibility for guests, a home office, dining room or family living. This premier building is equipped with exceptional amenities, including an oversized parking space located right next to the elevator, a fully equipped fitness center, a professional boardroom, and a stunning rooftop patio for residents to enjoy. A great opportunity to own a high end 3-bedroom condo in Kingston's most desirable downtown location. Move in and experience elevated city living at its finest. Pictures are digitally staged. Condo is vacant and move in ready.
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
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 702, Kingston
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Rental income estimator & ROI calculator
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 $1062/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.
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 800 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.