$1,088,000 - 2318 15 Highway, Kingston
Multi-Family for Sale in Kingston
134 days on market- MLS Number
- X12661808
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 134
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Kingston
- Listing Brokerage
- ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Discover an exceptional opportunity to own a beautifully maintained raised bungalow nestled on the shores of Colonel By Lake, just minutes from Kingston, yet offering a peaceful retreat from everyday life. Bright, open living spaces featuring large windows that frame beautiful lake views, a spacious eat-in kitchen with a walkout to the deck, two bedrooms on the main level, a renovated main bath with main-floor laundry. The finished lower level offers excellent versatility, with a generous walk-out level rec room with in-floor radiant flooring, loads of windows, an additional bedroom/den, a workout room/office, and a large bathroom with separate bath and shower. Outdoors, the property is designed for both lifestyle and function - enjoy the waterfront setting for kayaking, relaxing on the deck, or entertaining under the pergola - along with a 3-bay garage with a drive-through bay, two driveways, a drilled well, Bell Fibre internet, and a solar panel system that provides annual income. A rare opportunity to enjoy serene lakefront living with easy access to amenities, schools, highways, and services just minutes away. Looking for a home in fantastic shape with fantastic waterfront views, minutes from Kingston? Well, this could be the one!
Estimate your monthly payments for this property
Estimated Payment
$4,812.59/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.
2318 15 Highway, 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
Competitive Pricing
At $725/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 134 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kingston. Good resale value as demand remains consistent.
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 $4,533 (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.