$1,298,000
Available - For Sale
Listing ID: X12016811
118 Napier St , Kingston, K7L 0B5, Ontario


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
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Down Payment $ $ $ $
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
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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Samuel Okafor
Sales Representative
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416-414-7577
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At a Glance:
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
Locatin Map:
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