501 Frontenac Street Unit 402, Kingston

Price: $579,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13495648

Experience the best of downtown Kingston living in this bright and well-appointed corner unit. Ideally situated just steps from Queen's University, Kingston General Hospital, shopping, dining, and the city's vibrant waterfront, this location offers exceptional convenience for professionals, students, and investors alike. Positioned on the desirable southwest corner of the building, this fourth-floor unit is filled with natural sunlight throughout the day. The thoughtfully designed layout features three bedrooms, two full bathrooms, in-suite laundry, and a charming Juliette balcony. An underground parking space is also included for added convenience. Offering a fantastic combination of location, functionality, and low-maintenance living, this condo presents an excellent opportunity to own in one of Kingston's most sought-after downtown communities.

501 Frontenac Street Unit 402 - Condo photo 1 of 8 in Kingston, Ontario
501 Frontenac Street Unit 402 - Condo photo 2 of 8 in Kingston, Ontario
501 Frontenac Street Unit 402 - Condo photo 3 of 8 in Kingston, Ontario
501 Frontenac Street Unit 402 - Condo photo 4 of 8 in Kingston, Ontario
501 Frontenac Street Unit 402 - Condo photo 5 of 8 in Kingston, Ontario
501 Frontenac Street Unit 402 - Condo photo 6 of 8 in Kingston, Ontario
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$579,900 - 501 Frontenac Street Unit 402, Kingston

Condo for Sale in Kingston

Popular Listing

Neighbourhood: 14 - Central City East

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13495648
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kingston
Locker
None
Exposure
South West
Balcony
Juliette
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Description

Experience the best of downtown Kingston living in this bright and well-appointed corner unit. Ideally situated just steps from Queen's University, Kingston General Hospital, shopping, dining, and the city's vibrant waterfront, this location offers exceptional convenience for professionals, students, and investors alike. Positioned on the desirable southwest corner of the building, this fourth-floor unit is filled with natural sunlight throughout the day. The thoughtfully designed layout features three bedrooms, two full bathrooms, in-suite laundry, and a charming Juliette balcony. An underground parking space is also included for added convenience. Offering a fantastic combination of location, functionality, and low-maintenance living, this condo presents an excellent opportunity to own in one of Kingston's most sought-after downtown communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.19/mo

Includes CMHC insurance ($16,179)

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5-yr fixed avg.

Principal: $521,910Interest: $354,467
Mortgage Amount$538,089
Total Interest$354,467
Est. Property Tax$411/mo
Total Cost$892,556

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

501 Frontenac Street Unit 402, 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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$1,578

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 $580/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.

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 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.

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 $2,416 (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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    501 Frontenac Street Unit 402, Kingston | $579,900 | Battaglia Team