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$1,175,000
Available - For Sale
Listing ID: X12146864
Seize this rare chance to elevate your investment portfolio! This exceptional 5-unit semi-detached building is located just steps away from the vibrant historic downtown Kingston. This property boasts two spacious 3-bedroom units, two generous 2-bedroom units, and a cozy 1-bedroom unit all designed without carpets for a fresh and airy atmosphere. Enjoy the convenience of a large parking lot situated behind the building for your tenants. The property has seen numerous updates, including modern flooring throughout, select window replacements, and a brand-new roof installed in 2018. Its truly a turnkey investment, currently generating an impressive monthly rental income of $7,910.35 (with tenants covering their own hydro), resulting in a robust gross annual net income of $94,924.20. Conveniently located within walking distance of public transport, parks, schools, and just blocks away from all the shops, entertainment, and dining options that historic downtown Kingston has to offer, this is an opportunity you wont want to overlook!
Price $1,175,000
Taxes: $7,243.77
Occupancy by: Tenant
Address: 271-273 Rideau Stre , Kingston, K7K 3A7, Frontenac
Directions/Cross Streets: On Rideau Street (#271-273) Between James Street and Charles Street
Rooms: 23
Rooms +: 4
Bedrooms: 9
Bedrooms +: 2
Washrooms: 5
Family Room: F
Basement: Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Foyer 6.07 14.33
Room 2: Main Living Ro 9.77 17.45
Room 3: Main Kitchen 16.17 14.76 Combined w/Dining
Room 4: Second Bathroom 5.41 8.04 4 Pc Bath
Room 5: Second Bedroom 10.36 8.59
Room 6: Second Bedroom 2 10.36 8.40 Closet
Room 7: Primary B 13.35 11.71 Closet
Room 8: Main Kitchen 13.84 13.87 Eat-in Kitchen
Room 9: Main Living Ro 13.84 10.07
Room 10: Main Bedroom 14.10 11.84 Closet
Room 11: Main Bedroom 2 15.38 12.10 Closet, Combined w/Office
Room 12: Main Bathroom 3.77 6.79 4 Pc Bath
Room 13: Second Living Ro 14.04 12.04
Room 14: Second Kitchen 14.04 12.04
Room 15: Second Bedroom 11.74 12.04 Closet
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  4 Basement
Washroom 3:  4 Main
Washroom 4:  0
Washroom 5:  0
Property Type: Semi-Detached
Style: 2-Storey
Exterior: Aluminum Siding
Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3000-3500
Property Features: Lake/Pond
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

271-273 Rideau Stre , Kingston, K7K 3A7, Frontenac


 
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At a Glance:
Type: Freehold - Semi-Detached
Area: Frontenac
Municipality: Kingston
Neighbourhood: 22 - East of Sir John A. Blvd
Style: 2-Storey
Lot Size: x 106.00(Feet)
Approximate Age: 100+
Tax: $7,243.77
Maintenance Fee: $0
Beds: 9+2
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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