501-652 Princess St
Central City East, Kingston, Ontario K7L 1E5
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0–499sq ft
- Per sq ft
- $601at the range’s middle
- Tax a year
- $3,8622026 tax year
- Built
- 0-5
- Parking
- 0underground
- Days on market
- Members
The brief
About 501-652 Princess St
501-652 Princess St is a 1-bedroom, 1-bathroom condo in Central City East, Kingston, listed for sale at an asking price of $299,999 (MLS® X13570422).
Welcome to Sage Kingston, a contemporary condominium ideally situated in the heart of Kingston. This well-appointed south-facing 1-bedroom, 1-bathroom suite offers an efficient open-concept layout designed to maximize natural light and functionality. The modern kitchen features quality cabinetry, granite counters and stainless steel appliances, while the bright living area offers ample workspace and opens to a private balcony. Suite 501 is being sold fully furnished and includes a storage locker, making it an ideal turnkey investment or future residence. Currently rented on a month-to-month basis for $1,947 per month to an excellent tenant who is happy to remain and also willing to go, this property offers immediate rental income with exceptional flexibility for investors. Based on the current income and operating expenses, the property generates positive cash flow. Professional property management isavailable through either Sage Property Management or Heron Management, the current management company utilized by the seller, providing a convenient, low-maintenance ownership experience. Residents enjoy premium building amenities including a fully equipped fitness centre, rooftop terrace and garden, party/meeting room, secure entry, bike storage, and on-site management. Conveniently located within walking distance of Queen's University, Kingston General Hospital, downtown Kingston, public transit, shopping, restaurants, and everyday amenities, Sage Kingston continues to be one of the city's most sought-after locations for students and professionals alike. This is an outstanding opportunity to acquire a fully furnished, immediate-income-producing condo in a professionally managed building with strong long-term rental appeal.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs67/100+$147/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 homes with 1 bedroom for lease in Kingston right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,862 / 2026
- MLS® number
- X13570422
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 0-499 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Central City East
- Municipality
- Kingston
Building
- Size
- 0-499 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Refrigerator, Stove, Dishwasher, Microwave, Washer, Dryer, Light fixtures, Window Coverings,Couch, Coffee Table, Dining Tables with Two (2) Chairs, Bed and TV
- Condo maint.
- $387
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.18 × 4.22 m | Laminate, W/O To Balcony, Open Concept | Flat |
| Dining | 1.44 × 1.66 m | Laminate, W/O To Balcony, Open Concept | Flat |
| Kitchen | 3.59 × 1.66 m | Laminate, Granite Counter, Stainless Steel Appl | Flat |
| Primary | 2.72 × 2.45 m | Laminate, Mirrored Closet | Flat |
Listing history
Buy/sell history for 501-652 Princess St, Kingston, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $299,999 | N/A | For Sale | X13570422 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $60,000
- Total mortgage amount
- $239,999
- Total interest payment
- $170,701
- Total purchase cost
- $470,700
- Mortgage payment
- $1,369/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
11%Monthly carrying cost
$2,078- Carrying cost $2,078
- Surplus $147
Rental income opens at $2,225, the median asking rent of 6 comparable homes for lease in Kingston. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $2,975
- Total land transfer tax
- $2,975
- First-time buyer rebates (Ontario up to $4,000)
- −$2,975
- Total for first-time buyers
- $0
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $299,999
- $750
- Ontario total
- $2,975
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m22 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.3 m below ground nearbyThe middle water level in the well records within 500 m (84 records). It changes with the season and from spot to spot.500 m
- Bedrock about 2.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity3
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 9 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 6.7 km6.7 km
Province of Ontario open data · Municipal development applications
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Queen's University — Queen's University - Kingston Main Campus, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Kingston Hydro CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Kingston Online Services, Rogers, WTC Communications, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Cataraqui Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Kingston. Contains information licensed under the Open Government Licence – Ontario.
The market
Condos for sale in Central City East right now
- For sale now
- 22
- Median asking price
- $430K
- New in 7 days
- 1
- Price cuts
- 18%
Middle half: $350K to $607K
4 in 28 days
4 listings
This home is asking 30% below the median, lower than three quarters of them.
See all homes in Central City EastAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Rideau Public SchoolLimestone DSB | Public · grades JK–6 · French Immersion | 250 m | 82%Grade 6 average |
| Winston Churchill Public SchoolLimestone DSB | Public · grades JK–8 | 850 m | 90%Grade 6 average |
| Cathedrale Catholic SchoolAlgonquin and Lakeshore CDSB | Catholic · grades JK–8 · French Immersion | 1.1 km | 79%Grade 6 average |
| École élémentaire publique Madeleine-de-RoybonConseil des écoles publiques de l'Est de l'Ontario | French-language public · grades JK–6 | 1.9 km | 86%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Regiopolis/Notre-Dame Catholic High SchoolAlgonquin and Lakeshore CDSB | Catholic · grades 9–12 · French Immersion | 1 km | 61%Grade 9 math |
| Loyalist Collegiate and Vocational InstituteLimestone DSB | Public · grades 9–12 | 1.4 km | 48%Grade 9 math |
| Katarokwi Learning CentreLimestone DSB | Public · grades 9–12 | 1.5 km | — |
| École secondaire publique Mille-IlesConseil des écoles publiques de l'Est de l'Ontario | French-language public · grades 9–12 | 1.9 km | 87%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Central City East are shown to signed-in members.