298 College Street, Kingston

Price: $574,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13488304

Welcome to 298 College Street, a well-cared-for brick home in one of Kingston's most walkable and convenient downtown locations. Just a short walk to Queen's University, downtown Kingston, shops, restaurants, parks, and waterfront amenities, this property offers excellent flexibility for those seeking a centrally located residence or great investment property. The home features an updated kitchen, beautiful hardwood floors on both the main floor and upstairs, comfortable living spaces, and a thoughtful layout that has been well maintained over time. Outside, the deep lot provides a generous backyard space rarely found this close to the core, along with the added benefit of a detached garage for additional storage. With its prime location, mature lot, and strong overall appeal, 298 College Street is a fantastic opportunity in the heart of Kingston ready for its new owner.

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$574,900 - 298 College Street, Kingston

Detached for Sale in Kingston

Popular Listing

Neighbourhood: 14 - Central City East

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13488304
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Description

Welcome to 298 College Street, a well-cared-for brick home in one of Kingston's most walkable and convenient downtown locations. Just a short walk to Queen's University, downtown Kingston, shops, restaurants, parks, and waterfront amenities, this property offers excellent flexibility for those seeking a centrally located residence or great investment property. The home features an updated kitchen, beautiful hardwood floors on both the main floor and upstairs, comfortable living spaces, and a thoughtful layout that has been well maintained over time. Outside, the deep lot provides a generous backyard space rarely found this close to the core, along with the added benefit of a detached garage for additional storage. With its prime location, mature lot, and strong overall appeal, 298 College Street is a fantastic opportunity in the heart of Kingston ready for its new owner.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,949.53/mo

Includes CMHC insurance ($16,040)

$
$
5%10%50%

5-yr fixed avg.

Principal: $517,410Interest: $351,411
Mortgage Amount$533,450
Total Interest$351,411
Est. Property Tax$407/mo
Total Cost$884,860

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.

Ready to get pre-approved?

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Neighbourhood Guide: 14 - Central City East

Discover 14 - Central City East

14 - Central City East 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 14 - Central City East

  • 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

14 - Central City East 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

298 College Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,873

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

Fair Market Value

At $821/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.

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.

Efficient Living

At 700 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.

About 14 - Central City East

I know 14 - Central City East 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 $2,395 (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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    298 College Street, Kingston | $574,900 | Battaglia Team