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248 Collingwood Street Kingston, Ontario K7L 3X8

8 Bedroom 2 Bathroom 1499.9875 - 1999.983 sqft
Fireplace Central Air Conditioning Forced Air

$1,499,000

PRIME Location, Premium Investment Property! This solid all brick 2 storey + with generously sized paved driveway, detached garage on low maintenace lot, Featuring spacious common areas, modern finishes, and ample natural light, this property offers both comfort and functionality. The eight generously sized bedrooms provide versatility for a variety of living arrangements, ensuring strong rental appeal. ONLY 3-5 min walk to Queens University, Gord Downie Pier and 10 min walk to KGH this property is always fully occupied with a waiting list due to its excellent locations which carries great value being worry free, knowing you have a line up of tenants.One of the standout features of this investment is the solar income generated from the installed solar panels. Enjoy the additional benefit of selling excess energy back to the grid and make an additional $500 a month aprox, creating a sustainable income stream that enhances your return on investment. (Solar contract until 2032 at .80 cents per KW) (2025-2026 lease Income total $105,000.00 -Tenants pays all utilities )The location is unbeatable within walking distance of local amenities, parks, and public transportation, making it a dream for tenants and labeled a ""bikers paradise"". Nearby parks include Victoria Park, Churchill Park, Oakridge Park and Tindall Field. Property is fully rented - Turn Key Income available upon request. (All appliances included) **** EXTRAS **** Mandatory Schedule B to be included in all Offers - in Document section. Deposit information in Document section. (id:28469)

Property Details

MLS® Number X10406469
Property Type Single Family
Community Name Central City East
AmenitiesNearBy Beach, Hospital, Park, Public Transit, Schools
EquipmentType Water Heater
Features Solar Equipment
ParkingSpaceTotal 3
RentalEquipmentType Water Heater
Structure Porch

Building

BathroomTotal 2
BedroomsAboveGround 5
BedroomsBelowGround 3
BedroomsTotal 8
Amenities Fireplace(s)
Appliances Water Heater, Water Meter, Dryer, Refrigerator, Stove, Washer
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireProtection Smoke Detectors
FireplacePresent Yes
FireplaceTotal 1
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1499.9875 - 1999.983 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage

Land

AccessType Year-round Access
Acreage No
LandAmenities Beach, Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 95 Ft ,3 In
SizeFrontage 53 Ft ,1 In
SizeIrregular 53.1 X 95.3 Ft
SizeTotalText 53.1 X 95.3 Ft|under 1/2 Acre
ZoningDescription Ur6

Rooms

Level Type Dimensions
Second Level Bedroom 3.56 m x 3.27 m
Second Level Bedroom 3.11 m x 3.27 m
Second Level Bedroom 3.27 m x 3.25 m
Basement Bedroom 4.05 m x 2.77 m
Basement Bedroom 6.27 m x 3.76 m
Basement Bedroom 4.66 m x 3.66 m
Main Level Bedroom 3.98 m x 3.25 m
Main Level Bedroom 3.97 m x 4.3 m
Main Level Dining Room 3.59 m x 3.55 m
Main Level Kitchen 3.05 m x 4.28 m
Main Level Living Room 3.7 m x 3.55 m

Utilities

Cable Available
Sewer Installed