416 - 501 Frontenac Street

Introducing an exceptional opportunity to acquire an apartment for sale in Kingston , located at 501 Frontenac Street, Kingston. This modern condo apartment is a splendid choice for both investors and those seeking a comfortable home. With its prime location in the area of Frontenac, this property is just a stone's throw away from Queen's University and the vibrant downtown Kingston, making it an ideal residence for students, professionals, and families alike.

This apartment for sale in Kingston boasts two generously sized bedrooms and two well-appointed bathrooms, providing ample space for relaxation and privacy. The total living area spans between 1000 and 1199 square feet, allowing for a spacious and inviting atmosphere. The layout is designed thoughtfully, featuring a bright living room adorned with large windows that flood the space with natural light, creating a warm and welcoming environment.

At 501 Frontenac Street, Kingston, the kitchen is a standout feature, equipped with elegant granite countertops that enhance both functionality and style. It is the perfect space for culinary enthusiasts to prepare meals and entertain guests. The convenience of in-suite laundry adds to the appeal, ensuring that daily chores are easily managed without the need to venture outside the comfort of your home.

The building itself is constructed with a charming brick front, exuding a sense of modernity while blending seamlessly into the surrounding community. Although there is no pool or fireplace, the amenities offered are impressive. Residents can enjoy a stylish common area and a fully equipped gym, promoting an active and social lifestyle. Furthermore, this apartment for sale in Kingston includes the added benefit of an underground parking space, ensuring that your vehicle is secure and easily accessible.

One of the key advantages of this property is its current tenancy. The apartment is leased for $2152 per month, presenting a recession-proof investment opportunity for those looking to expand their portfolio. Investors can take advantage of this arrangement, as the property comes with a reliable tenant already in place. It is important to note that viewings will require a 24-hour notice due to the current tenancy, allowing for a smooth and respectful showing process.

The apartment is unfurnished, providing the new owner with the freedom to personalise the space according to their taste and preferences. With central air conditioning and forced air heating, comfort is guaranteed throughout the seasons. While there are no additional features such as a central vacuum system or extra land, the essentials are all in place for a modern lifestyle.

Situated in the community east of Sir John A. Blvd, this apartment for sale in Kingston is perfectly positioned to enjoy all that Kingston has to offer. The proximity to local amenities, shops, and recreational facilities makes it an attractive location for anyone looking to settle in this vibrant city. Whether you are considering it as a personal residence or an investment opportunity, this property at 501 Frontenac Street, Kingston, is sure to meet your needs.

In conclusion, this 2-bedroom, 2-bathroom condo represents a golden opportunity in the competitive Kingston real estate market. With its excellent location, spacious living areas, and attractive amenities, this apartment for sale in Kingston is a must-see. Don't miss your chance to view this property at 501 Frontenac Street, Kingston, and discover the potential it holds for your future.

The area east of Sir John A. Boulevard in Kingston is a charming and diverse neighbourhood that offers a blend of suburban tranquility and urban convenience. Characterised by tree-lined streets and well-maintained parks, it provides a welcoming atmosphere for families and individuals alike. Residents enjoy easy access to local amenities, including shops, schools, and recreational facilities, all within a short distance. The proximity to the waterfront adds to its appeal, offering picturesque views and opportunities for outdoor activities. With a strong sense of community spirit and a variety of housing options, this area is an inviting choice for those looking to settle in Kingston.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you'll find a variety of schools catering to different educational needs. Winston Churchill Public School and Rideau Public School, both offering elementary education, are just 1.0 km and 0.5 km away, respectively, with ratings of 6.4 and 7.1. For older students, Module Vanier provides grades 7 to 8 and is located 0.8 km from the property, while Loyalist Collegiate and Vocational Institute, a secondary school, is 1.7 km away with a rating of 4.1. Additionally, there are Catholic options like St. Thomas More Catholic School and Regiopolis Notre Dame Catholic High School, both within 2.0 km and 0.9 km, respectively, offering a range of grades and programs. The presence of both public and Catholic schools, along with a mix of English and French language studies, ensures a comprehensive educational environment for children. Overall, this location offers excellent access to quality education, enhancing its appeal for potential buyers with families.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 483 residents, with an average household size of 1.8. The community is relatively young, with an average age of 30.9 years. Economic indicators show an average household income of $50,400, but a significant 32% of the population is classified as low-income. The average property price in the area stands at $540,000, reflecting the local real estate market dynamics. A notable majority of residents, 68.82%, are single, and only 17.65% of households include children, indicating a demographic trend towards smaller, adult-only households. The rental market is robust, with 79.59% of residents renting their homes, while 24.49% live in condominiums. Education levels are relatively high, with 58.62% of the population holding a college or university degree. Additionally, 24.14% of the residents are not participating in the labor force, which may influence the economic landscape of the area. The presence of 4.44% immigrants adds to the cultural diversity of the community, contributing to its unique character. Overall, this area presents a blend of youthful energy, economic challenges, and a strong rental market.