$499,000
340 PALACE Road, Kingston, ON K7L 4T3
5 Beds
2 Baths
2 Parking
Opportunity to own a well-maintained gem ideally located in a well-established, family-oriented neighbourhood in central Kingston with mature, tree-lined streets. It offers quiet suburban living while being very close to Queen's University, St. Lawrence College and the downtown core, making it attractive for families, students, professionals, and investors. Grocery stores, pharmacies, and everyday conveniences are easily accessible in the surrounding area. A short drive brings you to Cataraqui Centre and Princess Street, major shopping corridors with retailers, services, restaurants, and professional offices.340 Palace Road showcases true pride of ownership and is perfect for first-time buyers, investors, or a small family. The home features updated flooring, paint, kitchen, and bathrooms. A convenient side entrance from the large, fully fenced backyard provides access to both the main and lower levels. The bright main floor offers an updated kitchen and bathroom, three bedrooms, and plenty of natural light. The finished lower level includes a spacious recreation room, a full bathroom, two additional rooms, ample storage, and a mechanical/laundry area.

Property Summary

Property Type Residential Freehold
Property Sub Type Semi-Detached
Transaction Type For Sale
Style Bungalow-Raised
Approximate Age 51-99
Bedrooms Above Grade 3
Bedrooms Below Grade 2
Kitchens 1
Basement Full, Finished
Exposure West
Possession TBD

Building

Building Type Semi-Detached
Square Footage 700-1100
Exterior Brick
Foundation Block
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling None
Fireplace No

Measurements

Lot Size 40.67 x 130.16
Lot Size Area 0.121
Lot Size Units Feet
Frontage 40.67
Depth 130.16
Total Living Area 700-1100

Land

Address 340 PALACE Road, Kingston, ON K7L 4T3
City Kingston
Community 14 - Central City East
County / Area Frontenac
Cross Street Princess Street (County Road 2) to Bath Road to Palace Road.
Sewer Sewer
Pool None
Parcel Number 360110071

Parking and Garage

Total Parking 2
Garage Spaces 0
Garage Type None
Parking Features Private

Taxes and Listing Info

List Price $499,000
Annual Taxes $4,298
Tax Year 2025
Status Active
Listing Date 2026-06-02T08:15:14Z
MLS Number X13226244
Local Market Insight

What Buyers Should Know About 340 PALACE Road, Kingston, ON K7L 4T3

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

340 PALACE Road, Kingston, ON K7L 4T3 is positioned in 14 - Central City East, a part of Kingston where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow-Raised, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Semi-Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Princess Street (County Road 2) to Bath Road to Palace Road., public transit options, parking availability, and drive times to employment areas. A property with 2 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $499,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 5 bedrooms, 2 bathrooms, basement details marked as Full, Finished, and a lot size of 40.67 x 130.16, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Kingston, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around 14 - Central City East. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 340 PALACE Road, Kingston, ON K7L 4T3, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.