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$849,000
Available - For Sale
Listing ID: X12197979
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, added grading to improve drainage, 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.
Price $849,000
Taxes: $4,711.4
Occupancy by: Tenant
Address: 135 Nelson Stre , Kingston, K7L 3W9, Frontenac
Acreage: < .50
Directions/Cross Streets: Princess Street
Rooms: 9
Bedrooms: 5
Bedrooms +: 0
Washrooms: 2
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Foyer 5.71 19.38
Room 2: Main Living Ro 17.61 11.22
Room 3: Main Kitchen 15.38 11.18
Room 4: Main Primary B 11.48 12.10
Room 5: Second Bedroom 2 8.53 8.17
Room 6: Second Bedroom 3 8.76 11.81
Room 7: Second Bedroom 4 11.05 11.51
Room 8: Second Bedroom 5 10.69 11.35
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  2 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 3
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
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: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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135 Nelson Stre , Kingston, K7L 3W9, Frontenac


 
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At a Glance:
Type: Freehold - Detached
Area: Frontenac
Municipality: Kingston
Neighbourhood: 14 - Central City East
Style: 2-Storey
Lot Size: x 132.00(Feet)
Approximate Age: 100+
Tax: $4,711.4
Maintenance Fee: $0
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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