This exceptional investment opportunity is located in a very PRIME location, just a minute away from Queen's University, making it highly desirable for student rental. The property consists of two separate living spaces, offering both flexibility and strong rental income potential. The first space has been updated and features two bedrooms, a full bathroom, and a well-appointed kitchen. With thoughtful upgrades, this space is comfortable, functional, and appealing to tenants. The second space is significantly larger, offering a total of ten bedrooms, two full bathrooms, and two kitchens (main floor & third floor). The expansive living area on the main floor, provides plenty of room for tenants to gather, study, or relax. The layout makes it ideal for student rental, ensuring a steady stream of income. Situated on an oversized lot, the property offers exciting potential for further development. The combination of its unbeatable location, consistent rental history, and expansion possibilities makes this a rare find. With no vacancies in the past decade and a history of strong income generation, this property is a fantastic investment for those looking to maximize returns in a sought-after area. |
Price | $2,100,000 |
Taxes: | $10747.00 |
Occupancy: | Tenant |
Address: | 279 Frontenac Stre , Kingston, K7L 3S9, Frontenac |
Directions/Cross Streets: | Johnson St to Frontenac St |
Rooms: | 17 |
Bedrooms: | 10 |
Bedrooms +: | 0 |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Kitchen | 14.99 | 14.01 | |
Room 2 | Main | Living Ro | 10.99 | 14.01 | |
Room 3 | Main | Bedroom | 10.99 | 12 | |
Room 4 | Main | Bedroom | 10.99 | 12 | |
Room 5 | Main | Kitchen | 8.86 | 7.54 | |
Room 6 | Main | Living Ro | 9.18 | 12.14 | |
Room 7 | Main | Bedroom | 10.82 | 12.79 | |
Room 8 | Main | Bedroom | 10.82 | 12.79 | |
Room 9 | Second | Bedroom | 10 | 12.99 | |
Room 10 | Second | Bedroom | 10 | 10.99 | |
Room 11 | Third | Bedroom | 12 | 8.99 | |
Room 12 | Third | Bedroom | 12 | 10.99 | |
Room 13 | Third | Kitchen | 8.2 | 9.84 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 3 | Main |
Washroom Type 3 | 3 | Third |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Other |
Style: | 2 1/2 Storey |
Exterior: | Brick |
Garage Type: | None |
Drive Parking Spaces: | 0 |
Pool: | None |
Approximatly Square Footage: | 2000-2500 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Water |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SUTTON GROUP-MASTERS REALTY INC., BROKERAGE |
|
Book Showing | Email a Friend |
Type: | Freehold - Other |
Area: | Frontenac |
Municipality: | Kingston |
Neighbourhood: | 14 - Central City East |
Style: | 2 1/2 Storey |
Tax: | $10,747 |
Beds: | 10 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |