251 Yonge Street, Kingston

Price: $699,900

6 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13512090

Welcome to 251 Yonge Street! This well-maintained two-storey, vinyl-sided property presents an excellent investment opportunity in a highly desirable location. The second floor offers five bedrooms and a three-piece bathroom, while the main floor includes an additional bedroom and a second three-piece bathroom-providing a functional layout well-suited for rental potential. The main level features a living room, dining area, and kitchen, offering comfortable shared living spaces. The home is in good overall condition and includes an unfinished basement, allowing for future value-add possibilities. Equipped with a natural gas high-efficiency furnace and central air conditioning, the property ensures year-round comfort for occupants. Situated on a very large lot backing directly onto Queen's West campus, this property offers a rare advantage with a short walk through the backyard providing convenient access to nearby classrooms-making it especially appealing for student rental opportunities.

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$699,900 - 251 Yonge Street, Kingston

Detached for Sale in Kingston

Popular Listing

Neighbourhood: 18 - Central City West

6Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13512090
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
6
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kingston
Lot Size
11,377 sqft
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Description

Welcome to 251 Yonge Street! This well-maintained two-storey, vinyl-sided property presents an excellent investment opportunity in a highly desirable location. The second floor offers five bedrooms and a three-piece bathroom, while the main floor includes an additional bedroom and a second three-piece bathroom-providing a functional layout well-suited for rental potential. The main level features a living room, dining area, and kitchen, offering comfortable shared living spaces. The home is in good overall condition and includes an unfinished basement, allowing for future value-add possibilities. Equipped with a natural gas high-efficiency furnace and central air conditioning, the property ensures year-round comfort for occupants. Situated on a very large lot backing directly onto Queen's West campus, this property offers a rare advantage with a short walk through the backyard providing convenient access to nearby classrooms-making it especially appealing for student rental opportunities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

$
$
5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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: 18 - Central City West

Discover 18 - Central City West

18 - Central City West 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 18 - Central City West

  • 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

18 - Central City West 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

251 Yonge Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$3,358

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

Competitive Pricing

At $467/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.

Detached Home Advantages

Detached homes in Kingston are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Kingston.

About 18 - Central City West

I know 18 - Central City West 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 $2,916 (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.

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    251 Yonge Street, Kingston | $699,900 | Battaglia Team