336 Division Street, Kingston

Price: $629,999

6 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12861212

Prime downtown investment opportunity located at the corner of Division St & York St, just minutes from the core of downtown Kingston and within walking distance to Queen's University. This well-located two-storey property is ideally suited for investors looking to capitalize on Kingston's consistently strong student rental market, while also offering flexibility for owner-occupiers.The home features a total of six bedrooms, with four bedrooms on the upper level and two additional bedrooms on the main floor, along with two full bathrooms. The carpet-free interior offers durability and ease of maintenance, making it well suited for student housing. A functional kitchen with a breakfast bar provides access to the rear yard, while parking for three vehicles adds significant value in this central downtown location. Character features, including a gas fireplace insert, enhance the home's appeal while maintaining practical functionality.Located steps from public transit, downtown amenities, and Queen's University, this property benefits from consistent rental demand and long-term investment potential. The flexible layout also allows for use as a downtown family home for buyers seeking a walkable, amenity-rich lifestyle.Images have been virtually staged and/or enhanced and were taken prior to the current tenancy.

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$629,999 - 336 Division Street, Kingston

Detached for Sale in Kingston

122 days on market
6Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12861212
Property Type
Detached
Status
active
Days on Site
122
Bedrooms
6
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kingston
Listing Brokerage
RE/MAX METROPOLIS REALTY
Description

Prime downtown investment opportunity located at the corner of Division St & York St, just minutes from the core of downtown Kingston and within walking distance to Queen's University. This well-located two-storey property is ideally suited for investors looking to capitalize on Kingston's consistently strong student rental market, while also offering flexibility for owner-occupiers.The home features a total of six bedrooms, with four bedrooms on the upper level and two additional bedrooms on the main floor, along with two full bathrooms. The carpet-free interior offers durability and ease of maintenance, making it well suited for student housing. A functional kitchen with a breakfast bar provides access to the rear yard, while parking for three vehicles adds significant value in this central downtown location. Character features, including a gas fireplace insert, enhance the home's appeal while maintaining practical functionality.Located steps from public transit, downtown amenities, and Queen's University, this property benefits from consistent rental demand and long-term investment potential. The flexible layout also allows for use as a downtown family home for buyers seeking a walkable, amenity-rich lifestyle.Images have been virtually staged and/or enhanced and were taken prior to the current tenancy.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,232.22/mo

Includes CMHC insurance ($17,577)

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5-yr fixed avg.

Principal: $566,999Interest: $385,090
Mortgage Amount$584,576
Total Interest$385,090
Est. Property Tax$446/mo
Total Cost$969,666

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: Kingston

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

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

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.

70
Walk Score
Varies
Price Range

336 Division 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)
6.5%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$3,423

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 $420/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 122 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.

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.

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 $2,625 (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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    336 Division Street, Kingston | $629,999 | Battaglia Team