652 Princess Street Unit 425, Kingston

Price: $359,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13240300

Discover this sleek and stylish 2-bedroom, 2-bathroom condo offering 748 sq ft of thoughtfully designed living space. Built in 2021 by IN8 Developments, this modern unit features Swiss laminate flooring, a contemporary kitchen with granite countertops, and stainless steel appliances the perfect blend of form and function. Located just 4 minutes from Queens University, this condo is ideal for student living or professional occupancy. Previously tenanted with strong rental income, the unit will now be delivered vacant, offering maximum flexibility for end-users or new investors. Move in, rent out, or set your own terms this is your opportunity to take control. Enjoy central A/C, in-suite laundry, and access to student-focused amenities: dedicated study lounges, a gaming room, fitness center, secure bike storage, and a rooftop terrace with panoramic city views. Whether you're a savvy investor or first-time buyer, this condo checks all the boxes for modern Kingston living. Clean. Vacant. Ready. Make your move today

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$359,000 - 652 Princess Street Unit 425, Kingston

Condo for Sale in Kingston

31 days on market

Neighbourhood: 14 - Central City East

2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13240300
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Locker
Exclusive
Exposure
North East
Balcony
None
Listing Brokerage
HOMELIFE KINGSVIEW REAL ESTATE INC.
Description

Discover this sleek and stylish 2-bedroom, 2-bathroom condo offering 748 sq ft of thoughtfully designed living space. Built in 2021 by IN8 Developments, this modern unit features Swiss laminate flooring, a contemporary kitchen with granite countertops, and stainless steel appliances the perfect blend of form and function. Located just 4 minutes from Queens University, this condo is ideal for student living or professional occupancy. Previously tenanted with strong rental income, the unit will now be delivered vacant, offering maximum flexibility for end-users or new investors. Move in, rent out, or set your own terms this is your opportunity to take control. Enjoy central A/C, in-suite laundry, and access to student-focused amenities: dedicated study lounges, a gaming room, fitness center, secure bike storage, and a rooftop terrace with panoramic city views. Whether you're a savvy investor or first-time buyer, this condo checks all the boxes for modern Kingston living. Clean. Vacant. Ready. Make your move today

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,841.86/mo

Includes CMHC insurance ($10,016)

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5-yr fixed avg.

Principal: $323,100Interest: $219,441
Mortgage Amount$333,116
Total Interest$219,441
Est. Property Tax$254/mo
Total Cost$552,557

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 425, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$254
Insurance (est.)-$75
Net Cash Flow+$1,416

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 $513/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 31 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.

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.

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 425, Kingston | $359,000 | Battaglia Team