Prime Student Rental Investment steps from Queens University - An exceptional opportunity for investors! This well-maintained, all-brick house is a new construction, purpose-built student rental and perfectly designed for strong, reliable returns. Featuring 8 bedrooms, 4 bathrooms, and two self-contained units, this property offers a separate entrance in-law suite, making it highly versatile. Key Features: Spacious & bright, large windows throughout, gleaming hardwood floors. Dual Setup: 2 kitchens, 2 living rooms, dual laundry, dual meter bases, dual panels, and dual heating sources. Comfortable & quiet. Well-insulated with minimal yard work, situated in a peaceful neighbourhood with great neighbours in a convenient location, 3-minute walk to a bus stop, easy access to Queens University and downtown. Parking: Private driveway fits three cars. The current landlord takes pride in creating a true "home away from home" for students, ensuring tenant satisfaction and strong occupancy rates. With an attractive cap rate, this is a turnkey investment in one of Kingston's most desirable student rental areas. |
Price | $1,298,000 |
Taxes: | $8500.34 |
Assessment: | $575000 |
Assessment Year: | 2024 |
Address: | 118 Napier St , Kingston, K7L 0B5, Ontario |
Lot Size: | 47.99 x 48.88 (Feet) |
Acreage: | .50-1.99 |
Directions/Cross Streets: | JOHNSONST,SOUTHONNAPIER ST |
Rooms: | 11 |
Rooms +: | 6 |
Bedrooms: | 6 |
Bedrooms +: | 2 |
Kitchens: | 1 |
Kitchens +: | 1 |
Family Room: | Y |
Basement: | Apartment, Sep Entrance |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Bathroom | 8.76 | 5.31 | 3 Pc Bath |
Room 2 | Main | Br | 8.5 | 12.46 | |
Room 3 | Main | Br | 9.97 | 10.76 | |
Room 4 | Main | Kitchen | 10.04 | 8.99 | |
Room 5 | Main | Living | 10 | 14.66 | |
Room 6 | 2nd | Bathroom | 4.76 | 8.33 | 4 Pc Bath |
Room 7 | 2nd | Bathroom | 5.61 | 9.05 | 3 Pc Ensuite |
Room 8 | 2nd | Br | 10.53 | 8.66 | |
Room 9 | 2nd | Br | 10.14 | 10.53 | |
Room 10 | 2nd | Br | 7.87 | 12.6 | |
Room 11 | 2nd | Prim Bdrm | 10.59 | 12.2 | |
Room 12 | Bsmt | Bathroom | 9.94 | 6.56 | 3 Pc Bath |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 4 | 2nd |
Washroom Type 3 | 3 | 2nd |
Washroom Type 4 | 3 | Bsmt |
Approximatly Age: | 6-15 |
Property Type: | Detached |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | None |
Drive Parking Spaces: | 3 |
Pool: | None |
Approximatly Age: | 6-15 |
Approximatly Square Footage: | 1100-1500 |
Property Features: | Hospital, Public Transit, School, School Bus Route |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Main |
Elevator Lift: | N |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Utilities-Gas: | Y |
Utilities-Telephone: | A |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY, BROKERAGE |
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Type: | Freehold - Detached |
Area: | Frontenac |
Municipality: | Kingston |
Neighbourhood: | 14 - Central City East |
Style: | 2-Storey |
Lot Size: | 47.99 x 48.88(Feet) |
Approximate Age: | 6-15 |
Tax: | $8,500.34 |
Maintenance Fee: | $0 |
Beds: | 6+2 |
Baths: | 4 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |