258 Queen Mary Road Unit 50, Kingston

Price: $349,900

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13232934

A welcoming 2-bedroom condo townhouse offering comfort, convenience, and the chance to make it your own in a central Kingston location. Perfect for first-time buyers, investors, downsizers, or anyone looking for an affordable home with great potential. A The main floor features a practical mudroom entry, a bright and inviting living room, and a functional kitchen and dining area with walkout access to the rear patio enjoy your morning coffee or unwind at the end of the day. Upstairs, you'll find two spacious an ideal spot to bedrooms and a full 4-piece bathroom, creating a comfortable layout with flexibility for guests, a home office, or additional living space. The lower level extends the living area with a cozy rec room, along with laundry and storage space to help keep everything organized. Outside, enjoy your own private patio area plus shared green space without the maintenance of a large yard. A private parking space is also included with the unit as part of the condo fees. Situated close to shopping, schools, parks, public transit, and everyday amenities, this home offers exceptional convenience with easy access to downtown Kingston, the west end, Queen's University, St. Lawrence College, and the waterfront. Affordable, functional, and full of opportunity this is a property with the potential to truly feel like home.

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$349,900 - 258 Queen Mary Road Unit 50, Kingston

Condo for Sale in Kingston

37 days on market

Neighbourhood: 18 - Central City West

2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13232934
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Kingston
Locker
None
Exposure
South
Balcony
Terrace
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Description

A welcoming 2-bedroom condo townhouse offering comfort, convenience, and the chance to make it your own in a central Kingston location. Perfect for first-time buyers, investors, downsizers, or anyone looking for an affordable home with great potential. A The main floor features a practical mudroom entry, a bright and inviting living room, and a functional kitchen and dining area with walkout access to the rear patio enjoy your morning coffee or unwind at the end of the day. Upstairs, you'll find two spacious an ideal spot to bedrooms and a full 4-piece bathroom, creating a comfortable layout with flexibility for guests, a home office, or additional living space. The lower level extends the living area with a cozy rec room, along with laundry and storage space to help keep everything organized. Outside, enjoy your own private patio area plus shared green space without the maintenance of a large yard. A private parking space is also included with the unit as part of the condo fees. Situated close to shopping, schools, parks, public transit, and everyday amenities, this home offers exceptional convenience with easy access to downtown Kingston, the west end, Queen's University, St. Lawrence College, and the waterfront. Affordable, functional, and full of opportunity this is a property with the potential to truly feel like home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,795.17/mo

Includes CMHC insurance ($9,762)

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5-yr fixed avg.

Principal: $314,910Interest: $213,878
Mortgage Amount$324,672
Total Interest$213,878
Est. Property Tax$248/mo
Total Cost$538,551

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

258 Queen Mary Road Unit 50, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$248
Insurance (est.)-$73
Net Cash Flow+$1,389

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 $350/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.

Market Position

At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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.

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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    258 Queen Mary Road Unit 50, Kingston | $349,900 | Battaglia Team