Welcome to 343-345 Forsyth Street in beautiful Gananoque! This up and down duplex is the ideal property for an investor, or someone looking to supplement the payments with a second suite! This property consists of 2 units, separately metered, and with dedicated entrances and split rear yard. The main floor unit is 2 bedrooms, 1 bathroom, with living room, dining area, kitchen, in suite laundry, and back deck with access to the fenced yard. The basement is also a 2 bedroom, 1 bathroom unit with kitchen, living room, dining room, and in suite laundry. Both units have their own private driveways and fully fenced rear yards. Do not let this one pass you by!More details
Listed by Sutton Group-Masters Realty Inc Brokerage
Rare opportunity to acquire a purpose-built student rental property in a prime downtown location in Kingston, Ontario. The subject property features 12 residential units, comprising (6) 2-bed units and (6) 1+1-bed units, along with (1) ground floor commercial unit, which is leased on a triple-net basis to a well-established yoga studio until 2029. Conveniently situated 600m from Queen's University's main campus, the 12 residential units are currently occupied by Queen's University students which provide the opportunity to adjust rents to market upon natural turnover. Built in 2009, the property offers contemporary construction, curb appeal, while simultaneously providing a new owner with a potential value enhancement opportunity through cosmetic updates to the residential units. Gross annual income of approximately $381,000 CAD. The assumable CMHC mortgage secured at well-below prevailing interest rates until 2028 provides a prospective purchaser the opportunity to acquire this building today, at yesterday's rates.More details
Listed by Sutton Group-Masters Realty Inc Brokerage