Kingston (east Of Sir John A. Blvd), ON K7K3A7,271-273 RIDEAU STREET
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Kingston (east Of Sir John A. Blvd), ON K7K3A7,271-273 RIDEAU STREET
Kingston (east Of Sir John A. Blvd), ON K7K3A7,271-273 RIDEAU STREET
Kingston (east Of Sir John A. Blvd), ON K7K3A7,271-273 RIDEAU STREET
Kingston (east Of Sir John A. Blvd), ON K7K3A7,271-273 RIDEAU STREET
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$ 1,175,000
Est. payment /mo
Active

271-273 RIDEAU STREET Kingston (east Of Sir John A. Blvd), ON K7K3A7

11 Beds

5 Baths

3,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $391

Subdivision 22 - East Of Sir John A. Blvd

MLS® Listing ID X12146864

Bedrooms 11

Source Kingston & Area Real Estate Association

Property Description

Seize this rare chance to elevate your investment portfolio! This exceptional 5-unit semi-detached building is located just steps away from the vibrant historic downtown Kingston. This property boasts two spacious 3-bedroom units, two generous 2-bedroom units, and a cozy 1-bedroom unit all designed without carpets for a fresh and airy atmosphere. Enjoy the convenience of a large parking lot situated behind the building for your tenants. The property has seen numerous updates, including modern flooring throughout, select window replacements, and a brand-new roof installed in 2018. Its truly a turnkey investment, currently generating an impressive monthly rental income of $7,910.35 (with tenants covering their own hydro), resulting in a robust gross annual net income of $94,924.20. Conveniently located within walking distance of public transport, parks, schools, and just blocks away from all the shops, entertainment, and dining options that historic downtown Kingston has to offer, this is an opportunity you wont want to overlook! (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 4.28 m X 3.67 m Living room

Extra Room 2 Second level 4.28 m X 3.67 m Kitchen

Extra Room 3 Second level 3.58 m X 3.67 m Bedroom

Extra Room 4 Second level 1.58 m X 2.09 m Bathroom

Extra Room 5 Second level 4.31 m X 3.67 m Primary Bedroom

Extra Room 6 Second level 1.65 m X 2.45 m Bathroom

Interior

Heating Hot water radiator heat

Exterior

Parking Features No

View Y/N Yes

View City view

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Virtual Tour https://youtu.be/MAVxKw1Tr88


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Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
agent

Agostino Calandrino

Realtor/Team Lead

+1(905) 518-6104

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271-273 RIDEAU STREET