300 Division St
Kingston, K7K 3Z9
FOR SALE
$699,900
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5
BEDROOMS2
BATHROOMS1
KITCHENS8 + 3
ROOMSX8401192
MLSIDContact Us
Property Description
SPLENDID QUEENS STUDENT RENTAL PROPERTY - this 5 bed, 1.5 bath house is located within walking distance to campus. Well maintained with steel roof, vinyl windows and gas furnace. Newly renovated basement provides a common area and den as well as laundry and storage. Large fenced yard with parking for 2 vehicles. Front sunroom is perfect for bikes, recycling, etc. Currently rented for $4500 plus utilities until April 30, 2025. Current Cap Rate is approximately 6.7%. Potential for another $900 per month should someone wish to use the den as a 6th bedroom and the Cap Rate then would be approximately 8.2%.
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Property Details
Street
City
Property Type
Detached, 2-Storey
Lot Size
58' x 77'
Acreage
< .50
Fronting
West
Taxes
$3,680 (2024)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.17' x 13.35' | |
| 4th Br | Main | 12.01' x 12.60' | |
| 5th Br | Main | 14.17' x 12.60' | |
| Bathroom | Main | 2.76' x 5.68' | 2 Pc Bath |
| Prim Bdrm | 2nd | 12.30' x 11.84' | |
| 2nd Br | 2nd | 10.93' x 11.84' | |
| 3rd Br | 2nd | 11.12' x 9.91' | |
| Bathroom | 2nd | 8.99' x 6.73' | 4 Pc Bath |
| Rec | Bsmt | 15.72' x 17.39' | |
| Utility | Bsmt | 18.18' x 18.70' | |
| Den | Bsmt | 12.60' x 9.22' |
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Kingston Market Statistics
Kingston Price Trend
300 Division St is a 5-bedroom 2-bathroom home listed for sale at $699,900, which is $130,869 (15.8%) lower than the average sold price of $830,769 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 5 bedroom home in Kingston declined by $551 (0.1%) compared to the previous 30 day period (July 17 - August 15) and up $65,769 (8.6%) from the same time one year ago.Inventory Change
There were 1 5-bedroom homes listed in Kingston over the last 30 days (August 16 - September 14), which is down 0.0% compared with the previous 30 day period (July 17 - August 15) and down 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Kingston typically sold ($22,623) (2.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $46 increase compared to the previous 30 day period (July 17 - August 15) and ($34,000) more 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 5-bedroom homes in Kingston over the last 30 days (August 16 - September 14) stood at 10,400.0%, up from 5,300.0% over the previous 30 days (July 17 - August 15) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Kingston stood at 36 days when successfully sold over the last 30 days (August 16 - September 14), compared to 33 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Proalliance Realty
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