318 Sydenham Street, Kingston

Price: $449,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Townhouse

MLS#: X12747574

318 Sydenham Street, Kingston, ON - Downtown Kingston Investment PropertyTurn-key 4-bedroom, 2-bathroom semi-detached row house just minutes from downtown Kingston. Walking distance to hospitals, restaurants, and all amenities. Ideal for investors or homeowners seeking a low-maintenance property in a high-demand rental location.Recent updates include a new roof (2020), new hot water tank, and new second-floor flooring. All appliances included. One dedicated parking space, accessed via the alley between 9 and 11 Balaclava Street - a rare find in the downtown core.Currently tenanted through April 30, 2027, generating $3,000/month in rent plus $40/month for parking. Strong, stable cash flow with a quick closing available.A prime downtown Kingston investment opportunity close to hospitals, Queen's University, and everything the city has to offer.

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$449,000 - 318 Sydenham Street, Kingston

Townhouse for Sale in Kingston

123 days on market

Neighbourhood: 22 - East of Sir John A. Blvd

4Beds
2Baths
700 - 1,099Sq Ft
Townhouse
Property Details
MLS Number
X12747574
Property Type
Townhouse
Status
active
Days on Site
123
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Description

318 Sydenham Street, Kingston, ON - Downtown Kingston Investment PropertyTurn-key 4-bedroom, 2-bathroom semi-detached row house just minutes from downtown Kingston. Walking distance to hospitals, restaurants, and all amenities. Ideal for investors or homeowners seeking a low-maintenance property in a high-demand rental location.Recent updates include a new roof (2020), new hot water tank, and new second-floor flooring. All appliances included. One dedicated parking space, accessed via the alley between 9 and 11 Balaclava Street - a rare find in the downtown core.Currently tenanted through April 30, 2027, generating $3,000/month in rent plus $40/month for parking. Strong, stable cash flow with a quick closing available.A prime downtown Kingston investment opportunity close to hospitals, Queen's University, and everything the city has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,303.60/mo

Includes CMHC insurance ($12,527)

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5-yr fixed avg.

Principal: $404,100Interest: $274,454
Mortgage Amount$416,627
Total Interest$274,454
Est. Property Tax$318/mo
Total Cost$691,081

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: 22 - East of Sir John A. Blvd

Discover 22 - East of Sir John A. Blvd

22 - East of Sir John A. Blvd 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 22 - East of Sir John A. Blvd

  • 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

22 - East of Sir John A. Blvd 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

318 Sydenham Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
6.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$318
Insurance (est.)-$94
Net Cash Flow+$2,488

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 $641/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 123 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Kingston have shown strong appreciation as families seek more space.

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.

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.

About 22 - East of Sir John A. Blvd

I know 22 - East of Sir John A. Blvd 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.

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    318 Sydenham Street, Kingston | $449,000 | Battaglia Team