$1,129,990 - 223 Princess Street Unit 902, Kingston
Condo for Sale in Kingston
129 days on market- MLS Number
- X12486168
- Property Type
- Condo
- Status
- active
- Days on Site
- 129
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 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 902 at 223 Princess Street, Kingston! This exceptional penthouse condo offers 854 sq. ft. of luxurious living space, complete with breathtaking views of Lake Ontario and the added luxury of a private terrace. Located in the heart of downtown Kingston, this stunning 3-bedroom, 2-bathroom unit combines modern elegance with unmatched convenience, putting you steps away from the city's best shops, restaurants, and entertainment. As a penthouse, this unit offers elevated living with a sleek, open-concept layout designed for comfort and sophistication. Large windows fill the space with natural light, while the private terrace provides the perfect setting to relax, entertain, or simply enjoy the serene views of the lake and city skyline. Additional features include a dedicated parking space and extra locking storage with electricity for your electric bike, making this home as practical as it is beautiful. Whether you're savouring the tranquillity of your private terrace or indulging in the vibrant downtown lifestyle, Unit 902 offers a premium living experience like no other. Don't miss this rare opportunity to own a penthouse in one of Kingston's most desirable locations. Make Unit 902 your new address!
Estimate your monthly payments for this property
Estimated Payment
$4,998.33/mo
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 902, 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 $1412/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 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 $4,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.