652 Princess Street Unit 410

This interactive Property Information Package (PIP) was prepared for you by MacInnis Realty Inc. Brokerage.

Table of Contents

• ABOUT 652 PRINCESS STREET, UNIT 410

• Q&A

• FLOOR PLANS

• PROPERTY IMAGES

• REALTOR ASSESSMENT DETAIL REPORT

• KEEP IN TOUCH

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652 Princess Street ~UNIT 410

652 Princess Street ~UNIT 410

L ocated in the heart of Kingston and offering a unique blend of luxury, security, and conve- nience, making 652 Princess St, Unit 410 an ideal investment. This one-bedroom unit is not just a residence but a premium lifestyle choice, perfect for professional students valuing a vibrant, urban living experience.

Unit Amenities:

The unit boasts quality finishes and is in excellent condition, offering a bright and welcoming atmo- sphere. A spacious coat closet, ample bathroom, and a full kitchen with all appliances, including an Over-The-Range microwave, enhance functionality. The in-suite stackable washer & dryer add conve- nience to daily living. A furnished living room with a 50” Flat Screen TV, a comfortable loveseat, a desk area, and a dining set create a ready-to-live-in space. The balcony provides delightful views, adding to the charm of the unit.

Building Amenities:

A secure building with on-site property manage- ment ensures safety and immediate assistance. The full gym, study area, and common area cater to fit -

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652 Princess Street contd.

ness, work, and relaxation needs. Bell Fibe Internet is included, handled by the Property Management Company. Additional conveniences include Canada Post mailboxes, Amazon package delivery area, bi- cycle storage, and storage units. Outdoor rooftop patio and underground parking enhance the urban living experience.

Location and Nearby Amenities:

The building is well-located, with a walking distance of approximately 12 minutes to Queen’s University. Proximity to parks, basketball court, tennis, ice rinks, downtown, restaurants, grocery stores, and Stauffer Library. Nearby amenities include Starbucks, Tim Horton’s, a farmer’s market, and various restaurants. Accessibility to services like UberEats, Instacart, and grocery delivery offers unmatched convenience. Unit 410 at 652 Princess Street is more than just a home; it’s a gateway to a lifestyle that combines ur- ban convenience, comfort, and luxury, making it an attractive proposition for those seeking a top-tier living experience in Kingston.

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Q&A

Q: WHAT ARE THE BUILDING AMENITIES? A: • Secure Building • Full Gym • Study Area & Common Area • Bell Fibe Internet (Modems in each unit) paid for by Property Management Company* • Canada Post mailboxes on main floor outside elevators with Amazaon package delivery area • Managed Building by Condo Corp. • On-Site Property Management Company available* • Public Transit • Bicycle Storage • Storage Unit* • Parking Lot & Underground Parking* • Outdoor Rooftop Patio Q: WHAT ARE SOME OF THE UNIT AMENITIES? A: • Quality Finishes • Clean

• Excellent Condition • Spacious Coat Closet

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Q&A

• Spacious Bathroom • Full Kitchen with all appliances included (dishwash- er, fridge, stove, Over-The-Range microwave) • In-suite stackable washer & dryer • Bright Units • Balcony with nice views

• Bedroom • Desk area • Living Room • Furniture Included:

• 1 x Double bed + Mattress • 1 x Desk + Chair 1 x Nightstand • 1 x Loveseat 1 x Media Unit • 1 x 50” Flat Screen TV • 1 x Dining Table 2 x Dining chair • 1 x Coffee Table

Q: IS THIS A SECURE BUILDING? A: Yes Q: WHAT IS THE AREA LIKE? A: Well located. Walking distance to parks, downtown, restaurants, grocery, Stauffer Library & Queen’s Univeristy.

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Q&A

Q: WHAT IS THE WALKING DISTANCE TO QUEEN’S UNIVERISTY CAMPUS?- A: Approx. 12min. Q: WHAT ARE SOME NEARBY AMENITIES? A: Starbucks, Convenience Store, Grocery, Tim Horton’s, Farmer’s Market, Restaurants, and don’t forget the amenities that can come to you! UberEats, Uber, Instacart, Grocery Delivery etc. Q: IS THERE PUBLIC TRANSIT? A: Yes, right outside building on Princess Street side. Q: IS THERE PARKING? A: There is some outdoor parking in the parking lot off Victoria St. There is underground parking for units with reserved/owned spots. Renting a spot is possible. Q: IS THERE STORAGE? A: Yes, there are storage lockers and some units come with deeded storage. Storage lockers can be rented through the building management, subject to availability.

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Q&A

Q: IS THERE A PLACE TO STORE MY BICYCLE? A: Yes! There is a convenient bike storage area on site. Q: HOW MUCH ARE PROPERTY TAXES? A: The property taxes for 2023 amount to $3,675. Q: HOW MUCH ARE THE UTILITY COSTS? A: The only utility cost for this property is Hydro (ie. electricity). Typically, the Tenant pays this cost in addition to their rent. Q: WHAT’S INCLUDED IN THE CONDO FEES? A: The condo fees cover various items such as building insurance, water/sewer, heat, common areas (exercise room, rooftop patio/garden, party room), building maintenance, grounds maintenance, and more. Q: HOW MUCH IS THE CURRENT TENANT PAYING PER MONTH & HOW LONG IS THE LEASE TERM? A: The current tenant is paying $1,950 per month plus Hydro. It’s worth noting that the market rent has increased since the start of the tenancy. The current lease term is until August 27th, 2024, and then renews.

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Q&A

If vacant possession is required by the purchaser for themselves or a family member under the Landlord Tenant Act, notice can be given to tenant, provided the requisite notice is given by Seller. Vacant possession can be given as early as August 28th, 2024. Q: DO I HAVE TO HIRE A PROPERTY MANAGEMENT COMPANY TO MANAGE MY UNIT? A: No. If you have any questions about the aspects of available Property Management, please ask. Additional information available upon request. Q: ARE YOU HOLDING OFF OFFERS? A: No, we are not holding offers. Please send offer to sarah@macinnisrealty.ca . Q: WHAT IS THE SELLER’S IDEAL CLOSING DATE? A: The Sellers are flexible and open to offers. Vacant possession will be available as early as August 28th, 2024. If you require a unit with an earlier vacancy please let us know. Q: WHAT IS THE VACANCY RENT IN KINGSTON? A: As of October 2023, the rental vacancy rate for purpose-built rental apartments in Kingston, Ontario was 1.2%, a slight decrease from the 1.4% rate

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Q&A

observed in 2021. This figure places Kingston among the areas with the lowest rental vacancy rates in Ontario. https://globalnews.ca/news/9439299/kingston-rental- vacancy-rate/ Q: HOW MUCH IS THE CURRENT MARKET RENT FOR THESE UNITS? A: As of January 2024, the rental rate for a one- bedroom unit at 652 Princess Street in Kingston, ON is approximately $2,150 per month. This unit is fully furnished and located on the offering a range of amenities including high-speed internet, air conditioning, a large balcony, stainless steel appliances, and in-suite laundry. The rent includes WiFi, water, and natural gas, with hydro being extra. The building itself offers several amenities like a rooftop patio, fitness room, and secured bicycle storage. It’s situated in a prime location, close to Queen’s University, various restaurants, parks, and downtown Kingston, and is on a major public transit route. Please note that this information is subject to change and it’s always a good idea to check the latest listings for the most current details.

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Floor Plan 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Not intended to solicit clients already under contract. Buyers to confirm accuracy of all information.

Property Images 652 Princess St Unit 410

*Images are indicative

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Not intended to solicit clients already under contract. Buyers to confirm accuracy of all information.

Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Not intended to solicit clients already under contract. Buyers to confirm accuracy of all information.

Property Images 652 Princess St Unit 410

*Images are indicative

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Not intended to solicit clients already under contract. Buyers to confirm accuracy of all information.

Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Property Images 652 Princess St Unit 410

*Images are indicative

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Realtor Assessment Detail Report

Sarah MacInnis 221 Queen Street Kingston ON K7K1B4 (M):+16134844441 sarah@macinnisrealty.ca

REALTOR ® Assessment Detail Report - Enhanced

Property Address

652 PRINCESS ST SUITE 410

Municipality

CORPORATION OF THE CITY OF KINGSTON

Roll Number

101102005014014

City

KINGSTON

Property Code & Description

370 - Residential Condominium

Property Details

Property Type

RESIDENTIAL

Legal Description

FSCP 86 LEVEL 4 UNIT 10

Zoning

C4.557

Site Details

Frontage

Depth

Site Area

Variance

-

-

-

-

Service Details

Private Water

Private Sanitary

Driveway

-

-

UnspeciDed/Not Applicable

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Not intended to solicit clients already under contract. Buyers to confirm accuracy of all information Copyright© All rights reserved Municipal Property Assessment Corporation Not to be reproduced by any means or distributed in any manner in whole or in part, without prior written permission 1/2 Purchase Date: 2024-01-11

Realtor Assessment Detail Report

Valuation Details

Valuation Date (yyyy-mm-dd)

2016-01-01

Assessed Value on January 1, 2016*

$235,000

Assessed Value on January 1, 2012

$209,910

Taxation Year

Phased-In Assessment**

2017

$216,183

2018

$222,455

2019

$228,728

2020

$235,000

2021

$235,000

2022

$235,000

2023

$235,000

2024

$235,000

Structure Details

Structure Description

CONDO APT IN A MED/HIGH RISE

Year Built

2021

Full Storeys

1

Partial Storeys

No part storey

Bedrooms

1

Full Bathrooms

1

Half Bathrooms

-

Split Level

No Split

Fireplace

-

Condo Garage Type

-

Condo Garage Spaces

-

Lockers

-

Indoor Pool

N

Outdoor Pool

N

NOTE: Pursuant to the Ontario Assessment Act,MPAC conducts a province-wide Assessment Update every four years to reEect a new legislated valuation date. The valuation date is a Dxed day on which all properties are valued. For the 2017-2020 taxation years, the assessed value was based on a January 1, 2016 valuation date. In 2020, the Assessment Update was postponed so the January 1, 2016 valuation date also applies to property assessments for the 2021 and 2022 taxation years. For more information regarding assessments, visit www.mpac.ca **Phased-In Assessment reEects the phased-in portion of the Assessed Value returned to the municipality/local taxing authority on the 2023 Assessment Roll for the 2024 taxation year Property assessments for the 2024 taxation year are based on the fully phased-in January 1, 2016 assessed values.

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Purchase Date: 2024-01-11

Copyright© All rights reserved Municipal Property Assessment Corporation Not to be reproduced by any means or distributed in any manner in whole or in part, without prior written permission

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Keep In Touch

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sarah macinnis , broker of record macinnis realty inc . brokerage text / talk 613 - 484 - 4441 sarah @ macinnisrealty . ca 221 queen street , kingston , on k 7 k 1 b 4

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