$1,369,000
For sale: Detached

QUEEN'S INVESTORS & BUYERS- Rare location. Rare lot. Rare investment opportunity. Ideally located steps from Queen's University & KGH, this exceptional 1890 limestone home combines timeless character with modern functionality. Offering 4 spacious bedrooms plus 2 additional oversized rooms, 3 bathrooms, 5 parking spaces, a detached garage, dedicated workspace, and a rare 76' x 120' lot. Turnkey and thoughtfully upgraded, all major systems have been updated, including extensive built-in cabinetry, HVAC with generator backup, central & split AC, updated electrical and plumbing, a Level 2 EV charger, and heated basement floors. Enjoy generous living and common areas, a spacious kitchen and a beautiful screened-in gazebo-perfect for relaxing or entertaining. For investors, the prime Queen's location and natural layout offer strong student rental potential. At a market rent of $1,350/month per occupant, 6 occupants represent $97,200 in potential gross annual rent. Income-producing today with four students currently in place and six-student occupancy planned for May 2027. This creates a compelling opportunity for a new owner to step into an established rent and benefit from increased income potential at the next lease cycle. A rare opportunity to own a premium, low-maintenance investment in one of Canada's most resilient student housing markets, while retaining the appeal of a distinctive downtown home. Note: This home is being rented to students for the first time. As such, it is pristine. This home has been staged using Artificial Intelligence.
Sold data
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 52, across 235 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.
The median sale price was $629,900.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 235 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Kingston (Central City East) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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