$2,170,000
Available - For Sale
Listing ID: X12120027
279 Frontenac Stre , Kingston, K7L 3S9, Frontenac
| 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: | $10747.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 2300.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
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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 |
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 14 - Central City East |
| Tax: | $10,747 |
| Fireplace: | N |
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