546 Johnson Street Kingston, Ontario K7L 2A1
$1,050,000
Discover an exceptional investment opportunity in the heart of Kingston, perfectly tailored for student housing. This property boasts three distinct units: The first unit features four bedrooms: two on the main level and two on the lower level. The lower level has been recently renovated down to the studs. This unit features a bathroom on each level, and laundry facilities and a kitchen on the main level. The second unit offers two bedrooms, a bathroom and a kitchen, with the flexibility to convert the living room into a third bedroom to maximize rental potential. This unit comes equipped with separate laundry and a kitchen. The 3rd floor unit features 2 bedrooms and a bathroom. Currently tenanted by eight students, it is located just a short walk from Queens University Campus, making it a sought-after choice for student renters. This home is only a short distance to downtown Kingston, where residents can enjoy a wide range of amenities, including grocery stores, entertainment venues, shopping, and cafes. This property represents a rare opportunity to own a turn-key investment in a prime location with strong rental demand. 5 students will be vacating by April 30, 2025, so this is a great chance to set your own rent prices. Don't miss the chance to add this exceptional asset to your portfolio. (id:60327)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11933872 |
| Property Type | Multi-family |
| Neigbourhood | University District |
| Community Name | Central City East |
| Amenities Near By | Public Transit |
| Parking Space Total | 2 |
Building
| Bathroom Total | 4 |
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 1668 Sqft |
| Size Interior | 1,668 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 69 Ft ,8 In |
| Size Frontage | 31 Ft ,6 In |
| Size Irregular | Bldg=31.5 X 69.73 Ft |
| Size Total Text | Bldg=31.5 X 69.73 Ft |
| Zoning Description | Urm8 |
Kelly Percival
Salesperson
www.exitnapanee.ca/
32 Industrial Blvd
Napanee, Ontario K7R 4B7
(613) 354-4800
www.exitnapanee.ca/
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January 21 2025 05:20:50
Kingston & Area Real Estate Association
Exit Realty Acceleration Real Estate, Brokerage