893 Ascot Lane, Kingston

Price: $524,999

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13500522

Welcome to this bright and spacious end-unit townhouse in the sought-after River Park community! Featuring 3 bedrooms, 3 bathrooms. The exceptionally large primary bedroom with an extension surrounded by windows, could also be used as a sitting area to read and relax or set up as an office area, plus a full ensuite bathroom and 2 closets. This well-designed home offers an open-concept main level filled with natural light, creating the perfect space for everyday living and entertaining. As an end unit, enjoy the added benefit of a large side yard, providing extra outdoor space rarely found with townhomes. Ideally located just steps from the Waaban Crossing, offering quick access across the Cataraqui River to East Kingston. Commuters and professionals will appreciate the easy access to CFB Kingston, RMC, Downtown Kingston, Queen's University, Kingston Health Sciences Centre (KGH), and Highway 401. Whether you're a first-time buyer, growing family, or investor, this move-in-ready home offers the perfect combination of comfort, convenience, and location.

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$524,999 - 893 Ascot Lane, Kingston

Townhouse for Sale in Kingston

Popular Listing

Neighbourhood: 23 - Rideau

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13500522
Property Type
Townhouse
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Kingston
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Description

Welcome to this bright and spacious end-unit townhouse in the sought-after River Park community! Featuring 3 bedrooms, 3 bathrooms. The exceptionally large primary bedroom with an extension surrounded by windows, could also be used as a sitting area to read and relax or set up as an office area, plus a full ensuite bathroom and 2 closets. This well-designed home offers an open-concept main level filled with natural light, creating the perfect space for everyday living and entertaining. As an end unit, enjoy the added benefit of a large side yard, providing extra outdoor space rarely found with townhomes. Ideally located just steps from the Waaban Crossing, offering quick access across the Cataraqui River to East Kingston. Commuters and professionals will appreciate the easy access to CFB Kingston, RMC, Downtown Kingston, Queen's University, Kingston Health Sciences Centre (KGH), and Highway 401. Whether you're a first-time buyer, growing family, or investor, this move-in-ready home offers the perfect combination of comfort, convenience, and location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,693.52/mo

Includes CMHC insurance ($14,647)

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5-yr fixed avg.

Principal: $472,499Interest: $320,908
Mortgage Amount$487,146
Total Interest$320,908
Est. Property Tax$372/mo
Total Cost$808,055

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: 23 - Rideau

Discover 23 - Rideau

23 - Rideau 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 23 - Rideau

  • 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

23 - Rideau 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

893 Ascot Lane, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$372
Insurance (est.)-$109
Net Cash Flow+$2,249

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 $350/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Kingston have shown strong appreciation as families seek more space.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About 23 - Rideau

I know 23 - Rideau 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 $2,187 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    893 Ascot Lane, Kingston | $524,999 | Battaglia Team