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Kingston,ON K7L 4L1
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 14 - Central City East
MLS Listing ID X12104116
Style 2-Storey
Bedrooms 6
Annual Tax Amount $7,599
Tax Year 2024
Property Sub-Type Detached
Property Description
Are you looking for a lucrative, turn key investment in an ideal location near Queens University? This spacious student rental property features six bedrooms, four full bathrooms, and an updated living room, kitchen, and pantry, making it a first choice for campus living. Currently leased at $7,200/month to ideal tenants (projecting a stable 7.5% year one return!), it is ideally located just steps from Queens main campus on a quiet tree-lined street. The property offers unbeatable proximity to amenities such as a grocery store, lakeside sand beach complex, volleyball courts, scenic park trails, and a renowned performing arts theater. These features combined with the quality of the build and interior layout ensures consistent high demand and long-term investment stability. With a beautifully maintained interior, generously sized above-grade bedrooms, ample common spaces and clean modern construction this low-maintenance property presents an exceptional opportunity to capitalize on Kingston's thriving market.
Location
Province ON
County Frontenac
Community 14 - Central City East
Area Frontenac
Rooms
Family Room Yes
Basement Half,Unfinished
Kitchen 1
Interior
Interior Features Guest Accommodations,In-Law Capability,In-Law Suite
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane
Garage Spaces 1.0
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 34.0
Lot Depth 85.0
Total Parking Spaces 4
Building
Unit Features Arts Centre,Beach,Public Transit,School,School Bus Route
Foundation Unknown