Welcome to 240 Wellington Street, a highly desirable property perfectly situated in the heart of downtown. Just a short stroll from Queen's University, vibrant shopping districts, top-rated restaurants, and all the conveniences of urban living. This duplex offers both charm and functionality. The main floor features a bright and spacious1-bedroom plus den unit currently rented at $1,837.80/month. The upper level is a 4-bedroom unit with ample space and character. Currently being rented for $2300.00. Both units are thoughtfully designed with modern finishes, including stainless steel appliances, in-suite laundry, and separate hydro panels for added convenience. Step outside to a west-facing, fenced backyard - perfect for relaxing or entertaining. Whether you're looking for a fantastic place to call home with the added benefit of supplemental income or seeking a smart investment in a prime location, this property checks all the boxes. Don't miss this exceptional opportunity - schedule your showing today! The main floor unit is month to month. Ideal situation for an owner occupant scenario, or a parent looking to house a child going to Queen's. (id:28469)
Facts & features
Property
MLS® Number
X13799012
Property Type
Multi-family
Neighbourhood
Sydenham
Community Name
22 - East of Sir John A. Blvd
Amenities Near By
Public Transit
Equipment Type
Water Heater
Rental Equipment Type
Water Heater
Building
Bathroom Total
2
Bedrooms Above Ground
1
Bedrooms Below Ground
4
Bedrooms Total
5
Age
100+ Years
Amenities
Separate Electricity Meters
Appliances
Water Meter, Microwave, Stove, Refrigerator
Basement Development
Unfinished
Basement Type
Partial (unfinished)
Cooling Type
Window Air Conditioner
Exterior Finish
Brick
Foundation Type
Stone
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
3
Size Interior
1,100 - 1,500 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Fence Type
Fenced Yard
Land Amenities
Public Transit
Sewer
Sanitary Sewer
Size Depth
66 Ft ,2 In
Size Frontage
20 Ft ,9 In
Size Irregular
20.8 X 66.2 Ft
Size Total Text
20.8 X 66.2 Ft|under 1/2 Acre
Zoning Description
Dt-1: Mixed Use
Utilities
Cable
Available
Electricity
Installed
Sewer
Installed
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$4,206/mo
Ontario land transfer tax
$15,473 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.