$1,200,000 FOR SALE

Detached 2 Level

Bedrooms: 7+1Bathrooms: 4Lot: 46 x 106 ft

271-273 Rideau Street
Kingston, ON K7K 3A7

Don’t miss this opportunity to expand your portfolio! Incredible 5-unit semi-detached building, steps from historic downtown Kingston. Includes two 3-bedroom, two 2-bedroom and one 1-bedroom units – all carpet free, spacious and airy – with a large parking lot for your tenants located behind the building. Updates include newer flooring in all apartments, some windows replaced, and a new roof installed in 2018. This building is turnkey and provides a healthy return, renting at $7800.00 per month (tenants pay for hydro) and a gross annual net income of $93,600 (id:47423)

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Listed By Royal LePage ProAlliance Realty, Brokerage
Data Provided By Kingston & Area Real Estate Association
MLS® Listing Number 40660523
Last Updated Oct 09, 2024
Property Summary
Property Type Detached

More like this:
Subdivision 22 - East of Sir John A. Blvd
Price History
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Detailed Information
Bedrooms 7+1
Bathrooms 4
Lot 46 x 106 ft
Amenities Nearby Park, Public Transit, Shopping
Communication Type Fiber
Equipment Water Heater
Features Paved driveway
Listing Contract Date 2024-10-09
Location Description Montreal Street to Charles Street to Rideau Street #271-273
Ownership Type Freehold
# of Parking Spaces 4
Property Type Single Family
Rental Equipment Water Heater
Structures Porch
Transaction Type For sale
Zoning Description B1.207
Building
Architectural Style 2 Level
Basement Development Partially finished
Basement Type Full (Partially finished)
Construction Style (Attachment) Detached
Cooling Type None
Exterior Finish Aluminum siding, Brick
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural gas
Heating Type Hot water radiator heat
Stories Total 2
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomSecond level14'2'' x 12'1''
BedroomSecond level11'9'' x 12'1''
4pc BathroomSecond level5'2'' x 6'10''
Kitchen/Dining roomSecond level14'0'' x 11'11''
Living roomSecond level14'0'' x 12'1''
4pc BathroomSecond level5'5'' x 8'1''
Primary BedroomSecond level13'4'' x 11'9''
BedroomSecond level10'4'' x 8'5''
BedroomSecond level10'4'' x 8'7''
BedroomBasement13'4'' x 9'4''
4pc BathroomBasement10'1'' x 4'11''
KitchenBasement10'1'' x 5'6''
Living roomBasement12'9'' x 16'8''
4pc BathroomMain level4'11'' x 6'9''
BedroomMain level8'10'' x 12'1''
BedroomMain level14'1'' x 11'10''
Living roomMain level13'10'' x 10'1''
Kitchen/Dining roomMain level13'10'' x 13'10''
Kitchen/Dining roomMain level16'2'' x 14'9''
Living roomMain level9'9'' x 17'5''
Utilities
Type Description
CableAvailable
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size 0.118 acres
Access Type Road access
Amenities Park, Public Transit, Shopping
Sewer Municipal sewage system
Size of Irregular Land 0.118
External Links

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