737 Margaret Way, Kingston

Price: $614,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13415022

Welcome to 737 Margaret Way, a lovely and highly sought-after home located on the East Side, where you'll enjoy the convenience of walking to schools, shops, restaurants, trails, parks, and more. This beautifully designed home features durable laminate wood look flooring throughout both levels. At the front of the home, you'll find a bright office space with large windows that fill the interior with natural light overlooking the covered porch. . The open-concept living, dining, and kitchen area creates an inviting space for both everyday living and entertaining. The kitchen includes a movable island, allowing you to arrange the space to suit your needs, along with stainless steel appliances. The living room is highlighted by a stunning stone feature wall that adds warmth and character to the home. Step through the patio doors to a gorgeous deck complete with an awning for shade on sunny days. The fully fenced backyard offers attractive landscaping and a storage shed, creating a private outdoor retreat. Upstairs, you'll find three bedrooms decorated in a modern, contemporary style. The spacious primary bedroom also features a striking stone accent wall, adding a touch of elegance as well as his and her closets. The unfinished basement is ready for your personal touch, offering endless possibilities to create the space you've always wanted. Outside, the front driveway accommodates two vehicles, with room for a third in the attached garage with inside entry. Welcome home to 737 Margaret Way.

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$614,900 - 737 Margaret Way, Kingston

Detached for Sale in Kingston

Neighbourhood: 13 - Kingston East (Incl Barret Crt)

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13415022
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kingston
Listing Brokerage
SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Description

Welcome to 737 Margaret Way, a lovely and highly sought-after home located on the East Side, where you'll enjoy the convenience of walking to schools, shops, restaurants, trails, parks, and more. This beautifully designed home features durable laminate wood look flooring throughout both levels. At the front of the home, you'll find a bright office space with large windows that fill the interior with natural light overlooking the covered porch. . The open-concept living, dining, and kitchen area creates an inviting space for both everyday living and entertaining. The kitchen includes a movable island, allowing you to arrange the space to suit your needs, along with stainless steel appliances. The living room is highlighted by a stunning stone feature wall that adds warmth and character to the home. Step through the patio doors to a gorgeous deck complete with an awning for shade on sunny days. The fully fenced backyard offers attractive landscaping and a storage shed, creating a private outdoor retreat. Upstairs, you'll find three bedrooms decorated in a modern, contemporary style. The spacious primary bedroom also features a striking stone accent wall, adding a touch of elegance as well as his and her closets. The unfinished basement is ready for your personal touch, offering endless possibilities to create the space you've always wanted. Outside, the front driveway accommodates two vehicles, with room for a third in the attached garage with inside entry. Welcome home to 737 Margaret Way.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,154.76/mo

Includes CMHC insurance ($17,156)

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5-yr fixed avg.

Principal: $553,410Interest: $375,861
Mortgage Amount$570,566
Total Interest$375,861
Est. Property Tax$436/mo
Total Cost$946,427

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: 13 - Kingston East (Incl Barret Crt)

Discover 13 - Kingston East (Incl Barret Crt)

13 - Kingston East (Incl Barret Crt) 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 13 - Kingston East (Incl Barret Crt)

  • 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

13 - Kingston East (Incl Barret Crt) 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

737 Margaret Way, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$436
Insurance (est.)-$128
Net Cash Flow+$2,236

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 $559/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 24 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.

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.

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 13 - Kingston East (Incl Barret Crt)

I know 13 - Kingston East (Incl Barret Crt) 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 $2,562 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    737 Margaret Way, Kingston | $614,900 | Battaglia Team