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Agostino Calandrino

augie@owlhouserealty.com +1(905) 518-6104

$ 849,000

Est. payment -/mo

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135 NELSON STREET Kingston (central City East), ON K7L3W9

5 Beds

2 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $566

Subdivision 14 - Central City East

MLS® Listing ID X12197979

Bedrooms 5

Half Baths 1

Property Sub-Type Freehold

Source Kingston & Area Real Estate Association

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 2.6 m X 2.49 m Bedroom 2

Extra Room 2 Second level 2.67 m X 3.6 m Bedroom 3

Extra Room 3 Second level 3.37 m X 3.51 m Bedroom 4

Extra Room 4 Second level 3.26 m X 3.46 m Bedroom 5

Extra Room 5 Main level 1.74 m X 5.91 m Foyer

Extra Room 6 Main level 5.37 m X 3.42 m Living room

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE

Agostino Calandrino

Realtor/Team Lead

+1(905) 518-6104

Agostino Calandrino

135 NELSON STREET Kingston (central City East), ON K7L3W9

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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135 NELSON STREET