652 Princess Street Unit 307, Kingston

Price: $299,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: X13499302

Welcome to this beautifully furnished 1-bedroom suite, perfectly located in the heart of Kingston's vibrant student community, just minutes from Queen's University. Whether you're a first-time buyer, parent purchasing for a student, or an investor, this turnkey property is an exceptional opportunity.Currently tenanted by an AAA tenant, this unit offers immediate rental income for investors or the flexibility to move in when available. Just bring your luggage-everything you need is already here!Designed with comfort and convenience in mind, the bright and functional layout features a cozy living area with a plush sofa, a dedicated study desk, and a comfortable bed. Enjoy the convenience of in-suite laundry and a well-equipped kitchen complete with a stove, refrigerator, dishwasher, and microwave, making everything from quick meals to home cooking effortless.Residents enjoy excellent building amenities, including a fitness center, party/meeting room, and a rooftop terrace-perfect for relaxing, entertaining, or studying with friends while enjoying scenic views.Located just steps from Queen's University, you'll also be within walking distance of restaurants, cafés, grocery stores, shopping, and entertainment. This is an outstanding opportunity to own a fully furnished, move-in-ready condo in one of Kingston's most desirable locations.**Excellent opportunity for students, parents, and investors alike!**

652 Princess Street Unit 307 - Condo photo 1 of 8 in Kingston, Ontario
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$299,000 - 652 Princess Street Unit 307, Kingston

Condo for Sale in Kingston

Popular Listing

Neighbourhood: 14 - Central City East

1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
X13499302
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Kingston
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Welcome to this beautifully furnished 1-bedroom suite, perfectly located in the heart of Kingston's vibrant student community, just minutes from Queen's University. Whether you're a first-time buyer, parent purchasing for a student, or an investor, this turnkey property is an exceptional opportunity.Currently tenanted by an AAA tenant, this unit offers immediate rental income for investors or the flexibility to move in when available. Just bring your luggage-everything you need is already here!Designed with comfort and convenience in mind, the bright and functional layout features a cozy living area with a plush sofa, a dedicated study desk, and a comfortable bed. Enjoy the convenience of in-suite laundry and a well-equipped kitchen complete with a stove, refrigerator, dishwasher, and microwave, making everything from quick meals to home cooking effortless.Residents enjoy excellent building amenities, including a fitness center, party/meeting room, and a rooftop terrace-perfect for relaxing, entertaining, or studying with friends while enjoying scenic views.Located just steps from Queen's University, you'll also be within walking distance of restaurants, cafés, grocery stores, shopping, and entertainment. This is an outstanding opportunity to own a fully furnished, move-in-ready condo in one of Kingston's most desirable locations.**Excellent opportunity for students, parents, and investors alike!**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,534.02/mo

Includes CMHC insurance ($8,342)

$
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5-yr fixed avg.

Principal: $269,100Interest: $182,765
Mortgage Amount$277,442
Total Interest$182,765
Est. Property Tax$212/mo
Total Cost$460,207

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

652 Princess Street Unit 307, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$1,111

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

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.

Efficient Living

At 0 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.

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.

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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    652 Princess Street Unit 307, Kingston | $299,000 | Battaglia Team