SPLENDID QUEEN’S STUDENT RENTAL PROPERTY - this 5 bed, 1.5 bath house is located within walking distance to campus. Well maintained with steel roof, vinyl windows and gas furnace. Newly renovated basement provides a common area and den as well as laundry and storage. Large fenced yard with parking for 2 vehicles. Front sunroom is perfect for bikes, recycling, etc. Currently rented for $4500 plus utilities until April 30, 2025. Current Cap Rate is approximately 6.7%. Potential for another $900 per month should someone wish to use the den as a 6th bedroom and the Cap Rate then would be approximately 8.2%.
Mls | 40652921 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Days On Site | 72 |
Listing Provided By | Royal LePage ProAlliance Realty, Brokerage | Krishan Nathan |
Beds | 5 |
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Baths | 2 Total |
Sq Feet | 1,306 |
Basement | Y |
Zoning | UR5 |
State | ON |
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County | Frontenac |
City | Kingston |
Zip Code | K7K 3Z9 |
Area | Kingston |
Subarea | 22 East of Sir John A. Blvd |
Community Name | 22 East of Sir John A. Blvd |
Listing VS Median (in 22 East of Sir John A. Blvd) | |
Price: $699,900 low | high Med: $679,945 SqFt: 1,306 low | high Med: 1,126 $ / SqFt: $536 low | high Med: $899 On Site: 72 low | high Med: 133.000000 |