964 Rainbow Crescent, Kingston

Price: $619,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13061450

Don't let the charming bungalow exterior fool you! 964 Rainbow Crescent offers an impressive amount of living space and a layout designed for comfortable, modern living. Ideally situated with direct rear access to the walking trails of Greenwood Park, this beautifully maintained home combines privacy, natural surroundings, and everyday convenience. Inside, vaulted ceilings and abundant natural light create a bright, welcoming atmosphere, while a cozy gas fireplace anchors the main living area. The thoughtfully designed floor plan places the kitchen at the heart of the home, seamlessly connecting the dining and living spaces, making it perfect for both entertaining and daily life. The main floor features two bedrooms, including a spacious primary suite with a walk-in closet, as well as convenient interior access from the garage. The fully finished lower level significantly expands the living space, offering a large family room, a third bedroom ideal for guests or extended family, and a nearby four-piece bathroom. Step outside from the kitchen to enjoy multiple deck areas overlooking the fully fenced backyard, complete with a gas BBQ hookup for effortless outdoor entertaining. Beyond the home itself, you'll love the unbeatable location-just a short walk to grocery shopping, restaurants, cafés, and everyday amenities, allowing you to enjoy the convenience of having everything you need close at hand while still benefiting from the tranquility of a park-side setting. Whether you're enjoying a quiet morning coffee, hosting friends on a summer evening, or exploring the park trails just beyond your backyard, this home delivers a rare combination of space, comfort, walkability, and location that must be experienced to be fully appreciated.

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$619,900 - 964 Rainbow Crescent, Kingston

Detached for Sale in Kingston

71 days on market

Neighbourhood: 13 - Kingston East (Incl Barret Crt)

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13061450
Property Type
Detached
Status
active
Days on Site
71
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Kingston
Lot Size
3,735 sqft
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Description

Don't let the charming bungalow exterior fool you! 964 Rainbow Crescent offers an impressive amount of living space and a layout designed for comfortable, modern living. Ideally situated with direct rear access to the walking trails of Greenwood Park, this beautifully maintained home combines privacy, natural surroundings, and everyday convenience. Inside, vaulted ceilings and abundant natural light create a bright, welcoming atmosphere, while a cozy gas fireplace anchors the main living area. The thoughtfully designed floor plan places the kitchen at the heart of the home, seamlessly connecting the dining and living spaces, making it perfect for both entertaining and daily life. The main floor features two bedrooms, including a spacious primary suite with a walk-in closet, as well as convenient interior access from the garage. The fully finished lower level significantly expands the living space, offering a large family room, a third bedroom ideal for guests or extended family, and a nearby four-piece bathroom. Step outside from the kitchen to enjoy multiple deck areas overlooking the fully fenced backyard, complete with a gas BBQ hookup for effortless outdoor entertaining. Beyond the home itself, you'll love the unbeatable location-just a short walk to grocery shopping, restaurants, cafés, and everyday amenities, allowing you to enjoy the convenience of having everything you need close at hand while still benefiting from the tranquility of a park-side setting. Whether you're enjoying a quiet morning coffee, hosting friends on a summer evening, or exploring the park trails just beyond your backyard, this home delivers a rare combination of space, comfort, walkability, and location that must be experienced to be fully appreciated.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,180.41/mo

Includes CMHC insurance ($17,295)

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5-yr fixed avg.

Principal: $557,910Interest: $378,917
Mortgage Amount$575,205
Total Interest$378,917
Est. Property Tax$439/mo
Total Cost$954,122

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

964 Rainbow Crescent, 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)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$439
Insurance (est.)-$129
Net Cash Flow+$2,232

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 $564/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 71 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.

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 $2,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    964 Rainbow Crescent, Kingston | $619,900 | Battaglia Team