Well-located investment property just a few blocks from Queen's University and downtown Kingston! This spacious and versatile property offers an excellent opportunity for investors looking for a strong student-rental location with convenient access to campus, downtown amenities, restaurants, shopping, and transit. The semi-detached, duplex property features two kitchens and a practical layout that provides flexibility for a variety of living arrangements. Parking is conveniently located at the rear of the property with access from the laneway. Currently leased until April 30, 2027, providing an immediate rental income opportunity. This provides the opportunity for a future owner to plan for the next rental cycle, whether continuing with student rentals or exploring other possibilities. Located in a highly desirable area close to Queen's University, downtown Kingston, parks, restaurants, shops, and everyday amenities. With its location, two kitchens, rear parking, and existing tenancy, this property offers an attractive combination of location, income potential, and future flexibility. Don't miss this opportunity to own an investment property in one of Kingston's sought-after student rental areas! (id:28469)
Facts & features
Property
MLS® Number
X13854138
Property Type
Multi-family
Neighbourhood
University District
Community Name
22 - East of Sir John A. Blvd
Amenities Near By
Hospital, Park, Public Transit, Schools
Equipment Type
Water Heater
Features
Carpet Free
Parking Space Total
2
Rental Equipment Type
Water Heater
Building
Bathroom Total
2
Bedrooms Above Ground
5
Bedrooms Below Ground
1
Bedrooms Total
6
Appliances
Dishwasher, Dryer, Microwave, Range, Two Stoves, Washer, Two Refrigerators
Basement Development
Partially Finished
Basement Features
Separate Entrance
Basement Type
N/a, N/a (partially Finished)
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Block
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Land Amenities
Hospital, Park, Public Transit, Schools
Sewer
Sanitary Sewer
Size Depth
90 Ft
Size Frontage
25 Ft
Size Irregular
25 X 90 Ft
Size Total Text
25 X 90 Ft
Zoning Description
B3
Utilities
Electricity
Available
Sewer
Available
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
$3,759/mo
Ontario land transfer tax
$13,455 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.