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Royal LePage
Royal LePage
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$789,000

5 Beds

2 Baths

1500 - 2000 FEETSQ

QuickQuoteTM: $636K - $853K

Kingston (Central City East) ON, K7L 3W9

MLS® # X12577974

Property Information:

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, 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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances:

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 33.0 Feet
  • Lot Size: 33 x 132 FT
  • Structure Type: Deck
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • 2nd Bedroom 2nd Level 2.60 m x 2.49 m
  • 3rd Bedroom 2nd Level 2.67 m x 3.60 m
  • 4th Bedroom 2nd Level 3.37 m x 3.51 m
  • 5th Bedroom 2nd Level 3.26 m x 3.46 m
  • Foyer Main Level 1.74 m x 5.91 m
  • Living Main Level 5.37 m x 3.42 m
  • Kitchen Main Level 4.69 m x 3.41 m
  • Primary Bedroom Main Level 3.50 m x 3.69 m

Convert Measurement to:


Courtesy of: RE/MAX RISE EXECUTIVES, BROKERAGE

REALTOR.ca  

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Location of 135 NELSON STREET, Kingston (Central City East), Ontario, K7L 3W9

Demographic Information of 135 NELSON STREET, Kingston (Central City East), Ontario, K7L 3W9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$109,380.06

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.39 %

High school certificate or equivalent

40.41 %

Apprenticeship trade certificate/diploma

1.49 %

College/non-university certificate

17.64 %

University Degree

36.07 %

Commuter

Travel To Work

By Car

58.81 %

By Public Transit

5.55 %

By Walking

24.3 %

By Bicycle

3.85 %

By Other Methods

7.49 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

42.13 %

Houses

57.87 %

Own Vs. Rent

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