$799,900

Investment For Sale In Williamsville, Kingston (East of Sir John A. Blvd), Ontario

$799,900

Property Information:

What a great income property to add to your portfolio, or an ideal place for a parent buyer, sitting just north of Princess Street is this detached 6 bedroom duplex. The main unit consists of 5 bedrooms on 2 floors with 2 full bathrooms, a living room and a huge eat-in kitchen with fresh flooring, and the 2nd upper unit is set up as a bachelor apartment. Laundry on site that both units can access and both units separately metered. With the total gross income of $65,220, it nets $58,219 which means a cap rate of over 7%! The roof was replaced in 2023, with a high efficiency gas furnace and vinyl windows throughout. Never a problem renting this great money maker. Leased until April 2026. (id:7525)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5+1
  • Bathrooms: 3
  • Amenities Nearby: Park, Public Transit
  • Features: Irregular lot size
  • Fence Type: Fenced yard
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 70.3 Feet
  • Lot Frontage: 51.0 Feet
  • Lot Size: 51 x 70.3 FT
  • Structure Type: Porch, Shed
  • Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Rooms:

  • Bathroom 2nd Level 3.13 m x 1.50 m
  • Bedroom 2nd Level 3.52 m x 5.61 m
  • Bedroom 2nd Level 3.53 m x 3.02 m
  • Bedroom 2nd Level 3.10 m x 2.83 m
  • Living Main Level 3.41 m x 6.46 m
  • Kitchen Main Level 5.08 m x 2.83 m
  • Dining Main Level 4.45 m x 1.80 m
  • Bedroom Main Level 3.45 m x 3.92 m
  • Bedroom Main Level 3.44 m x 2.37 m
  • Bathroom Main Level 1.65 m x 2.64 m
  • Laundry Main Level 1.90 m x 1.69 m
  • Bedroom Upper Level 4.69 m x 4.05 m
  • Kitchen Upper Level 3.11 m x 3.21 m
  • Bathroom Upper Level 2.81 m x 1.14 m

Courtesy of: Royal LePage ProAlliance Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.