688 Montreal Street, Kingston

Price: $249,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13104228

Welcome to 688 Montreal Street - a charming, detached bungalow offering excellent value and investment potential in Kingston's growing north end. This well-maintained 2-bedroom, 1-bath home features a bright functional layout with spacious principal rooms, updated finishes, and comfortable one-level living. The oversized kitchen provides ample cabinetry and workspace, while the large living area offers a warm and inviting atmosphere perfect for everyday living. With parking and easy access to transit, downtown Kingston, CFB Kingston, schools, shopping and amenities, this property is ideal for first-time buyers, downsizers, or investors seeking a solid income-producing opportunity. Located within a Mixed-Use Zoning Designation, the property also offers future redevelopment and intensification potential in one of Kingston's evolving corridors. A rare opportunity to own a detached home with flexibility, affordability and upside potential.

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$249,900 - 688 Montreal Street, Kingston

Detached for Sale in Kingston

63 days on market

Neighbourhood: 22 - East of Sir John A. Blvd

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13104228
Property Type
Detached
Status
active
Days on Site
63
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kingston
Listing Brokerage
SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Description

Welcome to 688 Montreal Street - a charming, detached bungalow offering excellent value and investment potential in Kingston's growing north end. This well-maintained 2-bedroom, 1-bath home features a bright functional layout with spacious principal rooms, updated finishes, and comfortable one-level living. The oversized kitchen provides ample cabinetry and workspace, while the large living area offers a warm and inviting atmosphere perfect for everyday living. With parking and easy access to transit, downtown Kingston, CFB Kingston, schools, shopping and amenities, this property is ideal for first-time buyers, downsizers, or investors seeking a solid income-producing opportunity. Located within a Mixed-Use Zoning Designation, the property also offers future redevelopment and intensification potential in one of Kingston's evolving corridors. A rare opportunity to own a detached home with flexibility, affordability and upside potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,282.12/mo

Includes CMHC insurance ($6,972)

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5%10%50%

5-yr fixed avg.

Principal: $224,910Interest: $152,753
Mortgage Amount$231,882
Total Interest$152,753
Est. Property Tax$177/mo
Total Cost$384,635

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: 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

688 Montreal Street, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
10.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$177
Insurance (est.)-$52
Net Cash Flow+$2,171

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 $357/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 63 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.

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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    688 Montreal Street, Kingston | $249,900 | Battaglia Team