QUEEN'S INVESTORS & BUYERS- Rare location. Rare lot. Rare investment opportunity. Ideally located steps from Queen's University & KGH, this exceptional 1890 limestone home combines timeless character with modern functionality. Offering 6 spacious bedrooms plus a finished rec room with gas fireplace and heated floors, 3 bathrooms, 5 parking spaces, a detached garage, dedicated workspace, and a rare 76' x 120' lot. Turnkey and thoughtfully upgraded, all major systems have been updated, including extensive built-in cabinetry, HVAC with generator backup, central & split AC, updated electrical and plumbing, and a Level 2 EV charger. Enjoy generous living and common areas, a spacious kitchen and a beautiful screened-in gazebo-perfect for relaxing or entertaining. For investors, the prime Queen's location and natural layout offer strong student rental potential. Currently rented and receiving a monthly income of $8,300 per month plus utilities. Leased until April 30, 2028. Total gross income on the property is $99,600 annually. With little work this could be converted to 7 and possible 8 bedrooms. A rare opportunity to own a premium, low-maintenance investment in one of Canada's most resilient student housing markets, while retaining the appeal of a distinctive downtown home. Note: This home is being rented to students for the first time. As such, it is pristine. This home has some rooms staged using Artificial Intelligence. (id:13843)
| MLS # | X13847760 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 33 |
| Listing Provided By | RE/MAX FINEST REALTY INC., BROKERAGE | SEAN DENNEE |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,000 |
| Garage | 7 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | A |
| Cooling | Central air conditioning |
|---|---|
| Heating | Heat Pump, Forced air, Natural gas, Wood |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave |
| Fireplace Yes / No | Yes |
| Fireplace Features | Insert |
| Fireplaces Total | 2 |
| Lot Features | Irregular lot size |
|---|---|
| Foundation Details | Stone |
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 7 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 12474 |
|---|
| Province | ON |
|---|---|
| City | Kingston (Central City East) |
| Postal Code | K7L3X4 |
| Listing VS Median (in K7L3X4) | |
Price: $1,369,000 low | high Med: $1,369,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $685 low | high Med: $685 On site: 33 low | high Med: 33 | |
| Province | ON |
|---|---|
| City | Kingston (Central City East) |
| Postal Code | K7L3X4 |
| Listing VS Median (in K7L3X4) | |
Price: $1,369,000 low | high Med: $1,369,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $685 low | high Med: $685 On site: 33 low | high Med: 33 | |