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Unit 507 at The Frontenac

Sold

501 FRONTENAC Street 507, Kingston, ON K7K 4L9

MLS #X9027619

$445,000

Sold on July 31, 2024

July 31, 2024

Originally listed at $485,000 33 days on market

About This Property

Check out this 2 bedroom unit never rented and barely occupied with chattels in great condition. Kitchen features extended cabinets, induction flat top range, back splash, and quartz counter top as well as the bathroom which also features a double sink. Unit has 11 ft ceiling. Located near the heart of down town Kingston as well as Queens University Campus, hospitals, restaurants, plenty of shopping nearby with Public transport available, and located near waterfront. Access to common area. In suite Laundry, rooftop patio, bike storage ad gym. There is a "Nest" Thermostat and keyless entry to the building. Take a look at a look at this great condo and it could be just the right investment opportunity to rent out to students or place to live for yourself.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($353/mo) and property tax ($3,546/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$521/sqft
22 - East of Sir John A. Blvd
$614/sqft-15.2%
Kingston
$443/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 931 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

900-999 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleOther
Ensuite LaundryNo
Corp #TSCC-84
MLS Size900-999
Listed OnMar 21, 2024
Maintenance Fees$353/month
Property Tax$3,546/year

Property Details Available

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Rooms

NameSize (m)Size (ft)Features
Bathroom(Main)1.55 x 3.915.1 x 12.8-
Bedroom(Main)4.93 x 3.0716.2 x 10.1-
Dining Room(Main)3.53 x 2.911.6 x 9.5-
Kitchen(Main)3.53 x 2.2911.6 x 7.5-
Laundry(Main)1.63 x 1.935.3 x 6.3-
Living Room(Main)3.78 x 3.4812.4 x 11.4-
Primary Bedroom(Main)5.49 x 2.8218.0 x 9.3-

Room Dimensions Available

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Unit 507 History

Complete transaction history for this unit

Leased

Leased: Aug 14, 2026

$2,250/mo

45 days on marketLease
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Transaction History Available

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Price History

Original List Price

$485,000

Listed on Mar 21, 2024

Sold Price

$445,000

Sold on Jul 31, 2024

-$40,000

-8.2%

33 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameThe Frontenac
Address501 Frontenac Street, Kingston
Parking Type

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About Unit 507 at The Frontenac

Unit 507 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 900-999 square feet located at The Frontenac, 501 Frontenac Street, Kingston. This unit is currently sold (sold for $445K).

About The Frontenac

The Frontenac is located at 501 Frontenac Street, Kingston. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

22 - East of Sir John A. Blvd Neighbourhood

This unit is located in 22 - East of Sir John A. Blvd, part of Kingston in the Frontenac area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at The Frontenac, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 507 The Frontenac Kingston

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