This article delves into the details surrounding the property located at 21 Hermes Drive, Kingston, Ontario, K7K 5T3, exploring its sales history, tax information, estimated value, and its place within the Kingston real estate market, specifically focusing on the CFB Kingston area. The address is frequently referenced in various formats, including: 21 Hermes Dr, Kingston, ON K7K 5T3; 21 Hermes Drive, Kingston, ON, K7K 5T3; 21 Hermes Drive Kingston, Ontario K7K5T3; For Sale: 21 Hermes Drive, Kingston, ON; 21 Hermes Drive Kingston, ON K7K 5T3; 21 Hermes Drive, Kingston, ON K7K5T3; 21 Hermes Drive, Kingston (Kingston East (incl CFB Kingston)); and 21 Hermes Drive Kingston, Ontario K7K 5T3. This comprehensive analysis will utilize publicly available data to paint a picture of this specific property and its market context.
Understanding the Location: CFB Kingston and its Surroundings
Before diving into the specifics of 21 Hermes Drive, it's crucial to understand the broader context of its location within CFB Kingston and the surrounding Kingston East neighbourhood. CFB Kingston, or Canadian Forces Base Kingston, is a significant employer in the area, contributing substantially to the local economy and demographics. The base's presence influences the housing market, creating a demand for homes suitable for military personnel and their families. This often translates into a mix of rental properties and owner-occupied homes, with a range of styles and sizes to accommodate various family needs and budgets.
The proximity to CFB Kingston often attracts buyers seeking convenient access to base amenities and services. However, it's also important to consider the unique aspects of living near a military base, such as potential noise levels, the transient nature of some residents, and the specific regulations that might apply. The Kingston East neighbourhood itself offers a blend of residential areas, with varying levels of proximity to the base and access to other amenities like shopping centers, schools, and recreational facilities. Understanding this nuanced relationship between the property's location and its surrounding environment is crucial for a thorough assessment.
Analyzing Public Records: Sales History and Tax Information
Publicly accessible records, such as those held by municipal and provincial governments, provide valuable insights into the history of 21 Hermes Drive. These records typically contain information about past sales transactions, allowing us to track the property's price fluctuations over time. This historical data can be used to identify trends in the local market and to understand how the value of 21 Hermes Drive has changed relative to similar properties in the area. Analyzing this data requires careful consideration of factors such as the timing of sales, the condition of the property at the time of each sale, and any significant renovations or improvements made between transactions.
Furthermore, tax assessment records provide valuable information about the property's assessed value, which is often used as a benchmark for determining property taxes. By examining the tax assessment history, we can observe any changes in the assessed value over time, reflecting potential market fluctuations or improvements to the property. Comparing the assessed value to the actual sale prices can also offer insights into the accuracy of the assessments and the overall market dynamics. This detailed analysis of sales and tax history provides a robust foundation for understanding the financial aspects of owning 21 Hermes Drive.
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