279 FRONTENAC STREET, Kingston (Central City East)

$2,200,000

For sale: Detached

Detached at 279 FRONTENAC STREET, Kingston (Central City East)
Property type
Detached
Bedrooms / bathrooms
10 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13098096
Neighbourhood
14 - Central City East

This is an exceptional opportunity to capture any investor's attention. Ideally located just one block from Queen's University, the property offers strong, consistent rental appeal in one of the city's most sought-after areas. Situated on a generous 66 x 165 ft lot, the property features an eight-bedroom tenanted home, along with an attached converted garage that has been thoughtfully configured into a separate two-bedroom unit. Both the main house and apartment have been well maintained and consistently rented year after year through word of mouth, reflecting the strength of the location and ongoing demand. Recent and upcoming improvements this summer include to renovate the second-floor bathroom and new flooring in the upper-level kitchen. The property is serviced by a boiler system that heats both the house and apartment, and the asphalt roof is approximately eight years old. In addition to its current use, the property offers notable future potential with the possibility of severance. The lot size and configuration present an exciting opportunity for those looking to explore redevelopment in a prime location. Financials, J RICHARDS "High-Level Planning Review" and City of Kingston -Planning Report outline this future potential in the documents section.

Sold data

Detached homes in Kingston (Central City East) — recent sold market

Detached homes in Kingston (Central City East) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 47, across 286 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $645,000.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$645,000
Sale-to-list ratio
97.6%
Sold above asking
11%

Based on 286 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kingston (Central City East)

Kingston (Central City East) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.

Rated schools
38
Elementary
29
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kingston (Central City East)

  • R Gordon Sinclair — elementary, KingstonFraser rating 8.2/10
  • Monseigneur Rémi-Gaulin — elementary, KingstonFraser rating 7.8/10
  • Rideau — elementary, KingstonFraser rating 7.8/10
  • Archbishop O'Sullivan — elementary, KingstonFraser rating 7.7/10
  • Madeleine-de-Roybon — elementary, KingstonFraser rating 7.7/10
  • Winston Churchill — elementary, KingstonFraser rating 7.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 279 FRONTENAC STREET