43 CARLETON Street, Kingston

Price: $499,900

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13053270

Opportunity meets flexibility in this well-located detached elevated bungalow with a fully renovated in-law suite, just minutes from downtown Kingston. This property offers two self-contained living spaces, making it ideal for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. The main floor features a bright 3-bedroom 1-bathroom layout with a large kitchen that opens to the living room, creating a functional space for everyday living. With the upper unit fully vacant, the new owner has the flexibility to move in immediately or set their own rental rate. Downstairs, the large 48x48-inch windows bring in plenty of natural light, giving the space an open feel rarely found in basement units. The suite also includes a modern kitchen with a butcherblock island and a renovated bathroom with a walk-in shower and tile finishes. The home features an efficient gas boiler heating system with separate zones for each unit, and the electrical system was updated since 2020. Outside, the property includes a detached single-car garage converted into an insulated workshop, ideal for hobbies, storage, or workspace. Located five minutes from downtown Kingston and within walking distance of Regiopolis Catholic High School and major transit routes, this property offers strong rental potential and long-term value. Whether you're searching for a live-in investment or a flexible-income property, 43 Carleton Street offers both opportunity and location.

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$499,900 - 43 CARLETON Street, Kingston

Detached for Sale in Kingston

73 days on market

Neighbourhood: 22 - East of Sir John A. Blvd

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13053270
Property Type
Detached
Status
active
Days on Site
73
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Listing Brokerage
EXP REALTY, BROKERAGE
Description

Opportunity meets flexibility in this well-located detached elevated bungalow with a fully renovated in-law suite, just minutes from downtown Kingston. This property offers two self-contained living spaces, making it ideal for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. The main floor features a bright 3-bedroom 1-bathroom layout with a large kitchen that opens to the living room, creating a functional space for everyday living. With the upper unit fully vacant, the new owner has the flexibility to move in immediately or set their own rental rate. Downstairs, the large 48x48-inch windows bring in plenty of natural light, giving the space an open feel rarely found in basement units. The suite also includes a modern kitchen with a butcherblock island and a renovated bathroom with a walk-in shower and tile finishes. The home features an efficient gas boiler heating system with separate zones for each unit, and the electrical system was updated since 2020. Outside, the property includes a detached single-car garage converted into an insulated workshop, ideal for hobbies, storage, or workspace. Located five minutes from downtown Kingston and within walking distance of Regiopolis Catholic High School and major transit routes, this property offers strong rental potential and long-term value. Whether you're searching for a live-in investment or a flexible-income property, 43 Carleton Street offers both opportunity and location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

43 CARLETON Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
7.5%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$3,142

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 $714/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 73 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.

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.

Excellent Flexibility

With 5 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 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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    43 CARLETON Street, Kingston | $499,900 | Battaglia Team