501 FRONTENAC Street Unit 308, Kingston

Price: $469,900

3 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13465908

Welcome to 501 Frontenac Street, offering comfort and convenience in the heart of downtown Kingston. This well-designed condo features an open concept floor plan, with 3 bedrooms, with 1 full bathroom and in-suite laundry. Enjoy a functional layout with bright living areas and the bonus of a balcony overlooking the rear courtyard. Ideally located within walking distance to Queen's University, downtown shops, restaurants, parks, and waterfront trails, this is an excellent opportunity for professionals, students, or investors looking to enjoy low-maintenance urban living.

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$469,900 - 501 FRONTENAC Street Unit 308, Kingston

Condo for Sale in Kingston

Neighbourhood: 22 - East of Sir John A. Blvd

3Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13465908
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Kingston
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Description

Welcome to 501 Frontenac Street, offering comfort and convenience in the heart of downtown Kingston. This well-designed condo features an open concept floor plan, with 3 bedrooms, with 1 full bathroom and in-suite laundry. Enjoy a functional layout with bright living areas and the bonus of a balcony overlooking the rear courtyard. Ideally located within walking distance to Queen's University, downtown shops, restaurants, parks, and waterfront trails, this is an excellent opportunity for professionals, students, or investors looking to enjoy low-maintenance urban living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.83/mo

Includes CMHC insurance ($13,110)

$
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5%10%50%

5-yr fixed avg.

Principal: $422,910Interest: $287,229
Mortgage Amount$436,020
Total Interest$287,229
Est. Property Tax$333/mo
Total Cost$723,249

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: 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

501 FRONTENAC Street Unit 308, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$1,679

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 $470/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.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 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.

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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    501 FRONTENAC Street Unit 308, Kingston | $469,900 | Battaglia Team