Discover an exceptional investment opportunity in the heart of Kingston, perfectly tailored for student housing. This property boasts three distinct units: The first unit features four bedrooms: two on the main level and two on the lower level. The lower level has been recently renovated down to the studs. This unit features a bathroom on each level, and laundry facilities and a kitchen on the main level. The second unit offers two bedrooms, a bathroom and a kitchen, with the flexibility to convert the living room into a third bedroom to maximize rental potential. This unit comes equipped with separate laundry and a kitchen. The 3rd floor unit features 2 bedrooms and a bathroom. Currently tenanted by eight students, it is located just a short walk from Queens University Campus, making it a sought-after choice for student renters. This home is only a short distance to downtown Kingston, where residents can enjoy a wide range of amenities, including grocery stores, entertainment venues, shopping, and cafes. This property represents a rare opportunity to own a turn-key investment in a prime location with strong rental demand. 5 students will be vacating by April 30, 2025, so this is a great chance to set your own rent prices. Don't miss the chance to add this exceptional asset to your portfolio.
Virtual Tour: https://unbranded.youriguide.com/4eomp_546_johnson_st_kingston_on/
Last updated on : Tuesday 21st of January 2025 12:20:50 PM
Street : 546 JOHNSON STREET
City : Kingston (Central City East)
Province : Ontario
Country : Canada
Postal Code : K7L2A1
Property ID : X11933872
Building Type : Multi-Family
Property Type : Multi-family
Bathrooms : 4
Parking : 2