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$2,170,000
Available - For Sale
Listing ID: X12120027
This exceptional investment opportunity is located in a very PRIME location, just a minute away from Queen's University, making it highly desirable for studentl 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 $2,170,000
Taxes: $10,747
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 279 Frontenac Stre , Kingston, K7L 3S9, Frontenac
Postal Code: K7L 3S9
Province/State: Frontenac
Legal Description: LT 854 PL A12 KINGSTON CITY; KINGSTON ;
Directions/Cross Streets: Johnson
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Building Percentage: T
Total Area: 2,300
Total Area Code:  Square Feet
Area Influences: Public Transit  
Maintenance: 0
Expenses Actual/Estimated: $Act
Heat Type: Gas Hot Water
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-MASTERS REALTY INC., BROKERAGE

279 Frontenac Stre , Kingston, K7L 3S9, Frontenac


 
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At a Glance:
Type: Com - Investment
Area: Frontenac
Municipality: Kingston
Neighbourhood: 14 - Central City East
Style:
Lot Size: x 165.00(Feet)
Approximate Age:
Tax: $10,747
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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