251 YONGE STREET, Kingston, Ontario K7M 1G2
$684,900.00
- 6 bedrooms
- 2 bathrooms
Welcome to 251 Yonge Street-an exceptional turn-key investment opportunity in one of Kingston's most desirable student rental locations. Backing directly onto Queen's University West Campus, this well-maintained six-bedroom home offers the location, layout, and income potential that investors are looking for. Better yet, the property is currently leased through August 31, 2027, providing immediate, reliable rental income from day one.The home features a practical floor plan designed for shared living, with five generously sized bedrooms and a three-piece bathroom on the second floor, plus a sixth bedroom and an additional three-piece bathroom on the ... read more
Welcome to 251 Yonge Street-an exceptional turn-key investment opportunity in one of Kingston's most desirable student rental locations. Backing directly onto Queen's University West Campus, this well-maintained six-bedroom home offers the location, layout, and income potential that investors are looking for. Better yet, the property is currently leased through August 31, 2027, providing immediate, reliable rental income from day one.The home features a practical floor plan designed for shared living, with five generously sized bedrooms and a three-piece bathroom on the second floor, plus a sixth bedroom and an additional three-piece bathroom on the main level. Spacious common areas include a bright living room, dining area, and functional kitchen, creating comfortable spaces for students to gather and relax.The property has been well cared for and is equipped with a high-efficiency natural gas furnace and central air conditioning, ensuring year-round comfort. An unfinished basement provides excellent storage and offers potential for future value-added improvements.Situated on an impressive lot backing directly onto Queen's University West Campus, students enjoy the rare convenience of walking through the backyard for quick access to classes-a feature that consistently enhances the property's rental appeal. With parking for multiple vehicles and close proximity to transit, shopping, restaurants, and everyday amenities, this is an outstanding opportunity to acquire a fully leased investment property in one of Kingston's most sought-after student rental locations. (id:25417)
Price reduced $15,000 (2.14%) from the list price.
- Listing ID: X13512090
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 58.7 by 185.5 FT |
| Parking: | No Garage 5 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dryer, Freezer, Microwave, Refrigerator, Stove, Washer and Dishwasher |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Vinyl Siding |
| Basement: | Full (Partially Finished) |
| Utilities: | Cable and Sanitary Sewer |
| Location | |
|---|---|
| City: | Kingston |
| Province: | Ontario |
| Nearby Amenities: | Beach, Hospital, Public Transit, School Bus and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Bathroom | Second level | 3.05 m x 2.4 m |
| Bathroom | Main level | 3.06 m x 2.42 m |
| Bedroom | Main level | 2.73 m x 3.16 m |
| Laundry room | Main level | 6.38 m x 2.32 m |
| Other | Main level | 6.38 m x 7.84 m |
| Foyer | Main level | 2.65 m x 1.87 m |
| Kitchen | Main level | 3.04 m x 5.81 m |
| Living room | Main level | 3.39 m x 5.19 m |
| Primary Bedroom | Main level | 3.28 m x 3.45 m |
| Bedroom | Main level | 2.79 m x 2.79 m |
| Bedroom | Main level | 2.79 m x 2.79 m |
| Bedroom | Main level | 3.61 m x 3.35 m |
| Bedroom | Main level | 2.73 m x 3.27 m |
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