
Kingston, ON K7K 4W9
All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars. Both units currently vacant and available for immediate possession. Potential income of $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Renovators Dream!! Property needs some TLC but a great investment opportunity with excellent value add potential!
TRREB MLS® Attribution
MLS® X13256966
Listed by NORTH 2 SOUTH REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,197
/month · $359,960 mortgage
Amortization
Total Interest
$299,190
Total Cost
$659,150
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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NORTH 2 SOUTH REALTY