240 Nelson St
Kingston, K7K 4M7
FOR SALE
$874,800
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6
BEDROOMS3
BATHROOMS1
KITCHENS13 + 1
ROOMSX9359683
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Property Description
Would you like to own a property that has been rated to produce more energy per year than it uses? How about watching energy prices continuing to rise and replacing nervous handwringing with chuckles of satisfaction as you reap the rewards of a thoughtfully planned investment? If so, then this delightfully updated all brick 0 GJ/year EnerGuide rated home is for you. It boasts 6 bedrooms, 2.5 bathrooms, with attached 1-car garage on a large lot in the heart of downtown Kingston. Steps to Princess Street, parks, the Kingston Memorial Centre, Queens University, public transit, and all that downtown Kingston has to offer. A maintenance-free home updated with quality products which will stand the test of time. Recent updates include a Lennox Air Conditioner (2020), roof (2021), seamless eavestroughs with continuous leaf guards (2022), Rheem Proterra High Efficiency Hybrid Heat Pump Water Heater (2022), attic insulation & basement spray foam (2022), 200A panel, interior/exterior sewage line replacement (2023), and to top it all off 7kWh of high density Canadian Solar rooftop mounted panels! The main level offers an updated kitchen with vinyl plank flooring, 2 refrigerators, dining room with quarter cut oak flooring, 2-piece bathroom, spacious main floor primary bedroom with walk-in closet as well as a 3-piece ensuite bathroom, and another main floor bedroom. The upper level features 4 bedrooms, high ceilings, and the main 4-piece bathroom. The exterior has been improved with maintenance-free vegetation including a row of cedar trees which will provide a natural fence bordering the 3 car driveway leading to 1 car garage. All this with a spacious, fully fenced backyard. Currently leased until April 30, 2025 at $5,420/month, with the possibility to earn even more as the garage & driveway parking are excluded from the lease. This turnkey investment is setup to give you profits from day one and will certainly triumph over the increasing energy costs of tomorrow.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-03 | 2024-09-20 | 140 | $888,000 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
85' x 104'
Fronting
West
Taxes
$5,784 (2024)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 13.16' x 12.17' | , Hardwood Floor |
| Dining | Main | 12.93' x 12.17' | , Hardwood Floor |
| Bathroom | Main | 5.84' x 3.58' | 2 Pc Bath, Vinyl Floor |
| Kitchen | Main | 19.03' x 11.78' | Double Sink, Vinyl Floor |
| Prim Bdrm | Main | 12.80' x 10.79' | , Ensuite Bath, W/I Closet |
| Bathroom | Main | 7.84' x 4.23' | 3 Pc Ensuite, Tile Floor |
| Mudroom | Main | 10.30' x 11.45' | |
| Br | 2nd | 11.65' x 8.99' | |
| Br | 2nd | 11.65' x 9.15' | |
| Br | 2nd | 10.14' x 12.01' | |
| Bathroom | 2nd | 8.83' x 7.15' | 4 Pc Bath, Tile Floor |
| Br | 2nd | 12.76' x 9.78' |
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Kingston Market Statistics
Kingston Price Trend
240 Nelson St is a 6-bedroom 3-bathroom home listed for sale at $874,800, which is $68,674 (7.3%) lower than the average sold price of $943,474 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 6 bedroom home in Kingston declined by $56,526 (5.7%) compared to the previous 30 day period (September 22 - October 21) and up $73,574 (8.5%) from the same time one year ago.Inventory Change
There were 6 6-bedroom homes listed in Kingston over the last 30 days (October 22 - November 20), which is down 14.3% compared with the previous 30 day period (September 22 - October 21) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Kingston typically sold ($31,535) (3.3%) below asking price over the last 30 days (October 22 - November 20), which represents a $25,285 decrease compared to the previous 30 day period (September 22 - October 21) and $0 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 6-bedroom homes in Kingston over the last 30 days (October 22 - November 20) stood at 1,166.7%, up from 28.6% over the previous 30 days (September 22 - October 21) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Kingston stood at 28 days when successfully sold over the last 30 days (October 22 - November 20), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Proalliance Realty
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