43 Durham Street, Kingston

Price: $409,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: X13029988

An excellent opportunity for investors, parents of students, or anyone seeking a versatile downtown property. Ideally located just one block south of Princess Street, this well maintained, light-filled semi-detached 2-storey home is within walking distance of Queen's University and local hospitals. You're also close to everyday amenities, including the year round Memorial Centre Farmers' Market. The main floor features a bright living room, kitchen, and a separate dining room that could easily be enclosed to create a fourth bedroom, increasing rental potential. Upstairs are two bright bedrooms and a four-piece bath, with a third bedroom on the top floor. Currently rented for $2700 per month inclusive ($900 per bedroom), the home has a strong rental history but also offers the charm, layout, and care to return to a family home. Updates include a re-shingled roof (2019) and 2023 washer, dryer, and hot water tank (owned). Features include wood floors, private driveway parking, and a smart/remote keypad lock. A solid, well-located property with proven income and long-term potential in Kingston's downtown area.

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$409,000 - 43 Durham Street, Kingston

Semi-Detached for Sale in Kingston

79 days on market

Neighbourhood: 14 - Central City East

3Beds
1Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
X13029988
Property Type
Semi-Detached
Status
active
Days on Site
79
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Description

An excellent opportunity for investors, parents of students, or anyone seeking a versatile downtown property. Ideally located just one block south of Princess Street, this well maintained, light-filled semi-detached 2-storey home is within walking distance of Queen's University and local hospitals. You're also close to everyday amenities, including the year round Memorial Centre Farmers' Market. The main floor features a bright living room, kitchen, and a separate dining room that could easily be enclosed to create a fourth bedroom, increasing rental potential. Upstairs are two bright bedrooms and a four-piece bath, with a third bedroom on the top floor. Currently rented for $2700 per month inclusive ($900 per bedroom), the home has a strong rental history but also offers the charm, layout, and care to return to a family home. Updates include a re-shingled roof (2019) and 2023 washer, dryer, and hot water tank (owned). Features include wood floors, private driveway parking, and a smart/remote keypad lock. A solid, well-located property with proven income and long-term potential in Kingston's downtown area.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,098.38/mo

Includes CMHC insurance ($11,411)

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5-yr fixed avg.

Principal: $368,100Interest: $250,004
Mortgage Amount$379,511
Total Interest$250,004
Est. Property Tax$290/mo
Total Cost$629,515

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: 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

43 Durham Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
7.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$2,425

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 $584/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 79 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    43 Durham Street, Kingston | $409,000 | Battaglia Team