Prime Student Rental Investment steps from Queens University - An exceptional opportunity for investors! This well-maintained, all-brick house is a new construction, purpose-built student rental and perfectly designed for strong, reliable returns. Featuring 8 bedrooms, 4 bathrooms, and two self-contained units, this property offers a separate entrance in-law suite, making it highly versatile. Key Features: Spacious & bright, large windows throughout, gleaming hardwood floors. Dual Setup: 2 kitchens, 2 living rooms, dual laundry, dual meter bases, dual panels, and dual heating sources. Comfortable & quiet. Well-insulated with minimal yard work, situated in a peaceful neighbourhood with great neighbours in a convenient location, 3-minute walk to a bus stop, easy access to Queens University and downtown. Parking: Private driveway fits three cars. The current landlord takes pride in creating a true "home away from home" for students, ensuring tenant satisfaction and strong occupancy rates. With an attractive cap rate, this is a turnkey investment in one of Kingston's most desirable student rental areas.
Under Contract:
Hot Water Tank-Gas
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Approx. Age:
6-15
Total Approx Floor Area:
1100-1500
Lot Size:
.50-1.99
Depth:
48'10½"14.9 m
Frontage:
47'11⅞"14.6 m
Topography:
Flat
Direction Faces:
West
Bedrooms:
6+2
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
6
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
11
Rooms Below Grade:
6
Ensuite Laundry:
No
Zoning:
OS2, A
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
None
Parking Spaces:
3
Total Parking Spaces:
3.0
Rural services:
Cable Available, Cell Services, Garbage Pickup, Internet High Speed, Natural Gas, Recycling Pickup, Transit Services
Family Room:
Yes
Possession Details:
tbd
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment:
$575,000
Assessment Year:
2024
Taxes:
$8,500.34 /
2024
Assessment:
$575,000.00 /
2024
Kingston
14 - Central City East
Frontenac
Hospital, Public Transit, School, School Bus Route
In-Law Suite
Landscaped, Controlled Entry
Carbon Monoxide Detectors, Smoke Detector
Hot water tank 40 gallons
Furniture common rooms -every bedroom has desk, bed ,chair, 2 stoves, 2 fridges, 2 microwaves, 2 washers, 2 dryers, silverware, dishes
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