8 Bedrooms

2 Bathrooms

2,000 - 2,500 sqft Interior

5 Parking spaces

28.7 X 132 Ft Lot size

1 day ago Listed

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About this home

An exceptional student housing investment in Kingston's University District, just a 3-minute walk to Queen's University and 2 minutes from the Hub entertainment district, with a grocery store and pharmacy within one block. This 8-bedroom home generates $9,400 per month ($112,800 annually). Tenants pay all utilities, and the current lease runs until April 30, 2027. The home features 2 kitchens, 2 living areas, 2 bathrooms and a 3rd floor primary Loft Suite. Originally designed as 2 separate units, it may offer the option to convert back (buyer to verify). Parking for 5 includes 3 tenant spaces plus 2 spaces rented separately at $100/month each. Their regular U-shaped lot adds possible future development potential. This is exactly where students want to live and investors want to own. (id:28469)

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Facts & features

Property

MLS® Number: X13857066
Property Type: Single Family
Neighbourhood: University District
Ownership: Freehold
Amenities Near By: Park, Public Transit
Parking Space Total: 5

Building

Bathroom Total: 2
Bedrooms Above Ground: 8
Bedrooms Total: 8
Age: 100+ Years
Appliances: Water Meter, Stove, Refrigerator
Basement Development: Unfinished
Basement Type: Full (unfinished)
Construction Style Attachment: Attached
Cooling Type: None
Exterior Finish: Brick
Foundation Type: Block, Concrete, Stone
Heating Fuel: Natural Gas
Stories Total: 3
Size Interior: 2,000 - 2,500 Sqft
Type: Row / Townhouse
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Land Amenities: Park, Public Transit
Sewer: Sanitary Sewer
Size Depth: 132 Ft
Size Frontage: 28 Ft ,8 In
Size Irregular: 28.7 X 132 Ft
Size Total Text: 28.7 X 132 Ft
Zoning Description: Urm3

Utilities

Cable: Available
Electricity: Installed
Sewer: Installed

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

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: $5,313/mo
Ontario land transfer tax: $20,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The K7L market

124 Active listings

$749,900 Median asking price

60% above median This home

31 days Avg. time on market

Browse all K7L listings →

Rooms

Second Level

Kitchen 3.71 m x 2.96 m
Living Room 4.46 m x 3.89 m
Bedroom 4.43 m x 2.67 m
Bedroom 3.42 m x 3.18 m
Bedroom 3.39 m x 2.46 m
Bedroom 3.73 m x 2.32 m
Bathroom 2.45 m x 1.72 m

Third Level

Loft 5.78 m x 5.48 m

Main Level

Bedroom 4.39 m x 3.81 m
Bedroom 3.86 m x 3.75 m
Bedroom 4.39 m x 2.66 m
Kitchen 5.01 m x 3.66 m
Bathroom 1.75 m x 1.73 m
Living Room 3.99 m x 3.64 m

Location

364 Brock Street, Kingston, Ontario K7L 1T1 · Get directions

364 Brock Street