135 NELSON STREET

Kingston (Central City East), , K7L3W9, Canada

$849,000

Located just a short walk from Queens University downtown Kingston, 135 Nelson Street presents a prime opportunity to own a fully leased, turnkey student rental in one of Kingston's most sought-after investment areas. This five-bedroom, one-and-a-half-bath home is currently rented at $850 per room, with all tenants in place until April 2026 and an option to renew. The property has been a consistently strong-performing investment and has undergone a full facelift since purchase, including a rebuilt back deck, new front wooden steps, a fresh cement walkway, added grading to improve drainage, and an attic insulation top-up for improved efficiency. The home feels bright and airy, and has been a pleasure to lease out. The natural gas furnace was serviced last fall, and the roof was replaced in 2019. Another standout feature is the huge backyard - rare for the area - offering extra space for outdoor enjoyment or potential future use. The home also includes three parking spots, on-site laundry in the basement, and comes fully furnished, including a recently updated fridge and stove. With reliable second-year student tenants, strong rental income, and minimal upkeep required, this is a truly hands-off investment in the heart of Kingston's university district.

EXTRAS: Furniture

Virtual Tour: https://youtube.com/shorts/A__yL_5Jkkg?feature=share

Last updated on : Friday 6th of June 2025 03:41:05 PM

ADDRESS

Street : 135 NELSON STREET

City : Kingston (Central City East)

Country : Canada

Postal Code : K7L3W9

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PROPERTY SUMMARY

Property ID : X12197979

Building Type : House

Property Type : Single Family

Bedrooms : 5

Bathrooms : 2 + 1

Parking : 3

Parking Type: No Garage

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