941 Malvern Terrace, Kingston

Price: $775,000

3 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13462484

Introducing 941 Malvern Terrace - a truly unique and elegant home in a quiet corner of Kingston's sought-after Westwoods neighbourhood in the Lancaster School catchment area. On a great street with no through traffic and backing onto green space, this beautifully designed, custom 3 bed / 3 bath home enjoys a peaceful rural feel, while being close to all the conveniences of urban living. The home's main floor is flooded with natural light with large windows in every room providing great views over the neighbouring green space. The spectacular primary bedroom with ensuite and walk-in closet offers a large sanctuary built in a uniquely round walled portion of the home. The spacious open kitchen walks out to the private back deck making for easy indoor and outdoor entertaining. A separate dining room off the foyer could also be utilized as a sitting room or office and a spacious loft above the garage, also ideal as an office, living room or recreation space. Down the curved staircase to the finished lower level with walk-out, you'll love how bright and open it is with large windows and access to the back yard and the greenspace. The lower level includes two very unique round-walled living room areas featuring a three-sided glass fireplace, 2additional bedrooms and a 4-piece bath and laundry room. This lower level is also very comfortable year round with the convenience of in-floor heating. In addition to the spacious interior of just over 3000 square feet total, the sprawling landscaped lot is accompanied by a large double-wide driveway and 2-car garage. A spectacular property in one of Kingston's finest neighbourhoods!

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$775,000 - 941 Malvern Terrace, Kingston

Detached for Sale in Kingston

Neighbourhood: 39 - North of Taylor-Kidd Blvd

3Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13462484
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
3
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Kingston
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Description

Introducing 941 Malvern Terrace - a truly unique and elegant home in a quiet corner of Kingston's sought-after Westwoods neighbourhood in the Lancaster School catchment area. On a great street with no through traffic and backing onto green space, this beautifully designed, custom 3 bed / 3 bath home enjoys a peaceful rural feel, while being close to all the conveniences of urban living. The home's main floor is flooded with natural light with large windows in every room providing great views over the neighbouring green space. The spectacular primary bedroom with ensuite and walk-in closet offers a large sanctuary built in a uniquely round walled portion of the home. The spacious open kitchen walks out to the private back deck making for easy indoor and outdoor entertaining. A separate dining room off the foyer could also be utilized as a sitting room or office and a spacious loft above the garage, also ideal as an office, living room or recreation space. Down the curved staircase to the finished lower level with walk-out, you'll love how bright and open it is with large windows and access to the back yard and the greenspace. The lower level includes two very unique round-walled living room areas featuring a three-sided glass fireplace, 2additional bedrooms and a 4-piece bath and laundry room. This lower level is also very comfortable year round with the convenience of in-floor heating. In addition to the spacious interior of just over 3000 square feet total, the sprawling landscaped lot is accompanied by a large double-wide driveway and 2-car garage. A spectacular property in one of Kingston's finest neighbourhoods!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,976.15/mo

Includes CMHC insurance ($21,623)

$
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5%10%50%

5-yr fixed avg.

Principal: $697,500Interest: $473,723
Mortgage Amount$719,123
Total Interest$473,723
Est. Property Tax$549/mo
Total Cost$1,192,846

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: 39 - North of Taylor-Kidd Blvd

Discover 39 - North of Taylor-Kidd Blvd

39 - North of Taylor-Kidd 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 39 - North of Taylor-Kidd 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

39 - North of Taylor-Kidd 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

941 Malvern Terrace, Kingston

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,150/mo
Range: $2,678 - $3,622
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,150
Maintenance Fees-$0
Property Tax (est.)-$549
Insurance (est.)-$161
Net Cash Flow+$2,440

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 $310/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 20 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.

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 39 - North of Taylor-Kidd Blvd

I know 39 - North of Taylor-Kidd 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.

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    941 Malvern Terrace, Kingston | $775,000 | Battaglia Team