5 Bedroom
2 Bathroom
1,100 - 1,500 ft2
None
Forced Air
$649,000
Exceptional value with this turnkey investment property located in walking distance minutes from downtown Kingston and Queen's University. Rented as a 4-bedroom student rental, this property can easily be turned into a 6-bedroom rental with minimal work. There's an extra bedroom on the 2nd floor (not currently being rented out) and potential to convert the dining room into another bedroom. This well-maintained residence is positioned in one of Kingston's most desirable rental areas for it's locational characteristics, offering consistent demand and a proven track record of strong occupancy. The property features generous living spaces, well sized bedrooms, two full bathrooms, and one dedicated parking space. Currently fully tenanted at $43,200.00 annually (May 2026 to end of April 2027 lease in place), with tenants responsible for utilities, the home provides reliable income and attractive returns, with additional upside potential for investors. Additional opportunity exist to further enhance revenue by monetizing the existing parking space. With a history of stable occupancy and minimal maintenance requirements, this property presents an excellent opportunity for both seasoned and first-time investors seeking to grow their portfolio in a high-demand market. New roof 2024. (id:29295)
Property Details
|
MLS® Number
|
X13419790 |
|
Property Type
|
Single Family |
|
Community Name
|
22 - East of Sir John A. Blvd |
|
Features
|
Carpet Free |
|
Parking Space Total
|
1 |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Total
|
5 |
|
Appliances
|
Water Heater, Dryer, Hood Fan, Stove, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Construction Style Attachment
|
Semi-detached |
|
Cooling Type
|
None |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1,100 - 1,500 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
74 Ft |
|
Size Frontage
|
16 Ft ,8 In |
|
Size Irregular
|
16.7 X 74 Ft |
|
Size Total Text
|
16.7 X 74 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bedroom 2 |
3.14 m |
2.34 m |
3.14 m x 2.34 m |
|
Second Level |
Bedroom 3 |
2.67 m |
3.25 m |
2.67 m x 3.25 m |
|
Second Level |
Bedroom 4 |
2.8 m |
4.93 m |
2.8 m x 4.93 m |
|
Second Level |
Bedroom 5 |
3.14 m |
3.16 m |
3.14 m x 3.16 m |
|
Second Level |
Bathroom |
2.25 m |
2.25 m |
2.25 m x 2.25 m |
|
Ground Level |
Living Room |
4.86 m |
3.14 m |
4.86 m x 3.14 m |
|
Ground Level |
Dining Room |
3.6 m |
3.16 m |
3.6 m x 3.16 m |
|
Ground Level |
Kitchen |
3.94 m |
3.39 m |
3.94 m x 3.39 m |
|
Ground Level |
Bedroom |
2.64 m |
3.25 m |
2.64 m x 3.25 m |
|
Ground Level |
Bathroom |
1.75 m |
1.5 m |
1.75 m x 1.5 m |
https://www.realtor.ca/real-estate/29875721/378-barrie-street-kingston-east-of-sir-john-a-blvd-22-east-of-sir-john-a-blvd