This well-maintained all-brick residence offers a compelling investment opportunity for parent buyers and seasoned investors alike. Configured as a five-bedroom student rental in the main home with a self-contained bachelor suite at the rear, the property delivers immediate, stable income with excellent long-term flexibility. The front residence is currently leased at $999 per bedroom, inclusive of heat and hydro, generating $4,995 per month, with all five tenants secured until April 30, 2026. The rear bachelor unit is occupied by a long-term tenant paying $1,075 per month, resulting in a total gross monthly income of $6,070. The main house offers pine hardwood flooring throughout the main floor, a full bathroom on the main level, and a second full bathroom upstairs, providing strong functionality for student living. Bedrooms are spread across two levels with bright common areas and in-suite laundry. The separate rear bachelor suite offers additional income stability. Recent improvements include a newly renovated downstairs bathroom, new carpet upstairs, and updated appliances. Located on a deep lot, the property also offers the rare ability to accommodate up to four vehicles in the backyard, an extremely attractive feature that could add to the monthly income. Ideally positioned near Queen's University, downtown, transit routes, and major amenities, this property continues to perform year after year with consistent tenant demand. A rare opportunity to acquire a high-yield Kingston rental with very strong cash flow, recent updates, and built-in upside. Schedule your viewing today!
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Detached
Property Attached:
Yes
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Lot Depth:
132'10"40.5 m
Lot Frontage:
32'8"9.97 m
Lot Shape:
Rectangular
Lot Details:
132 x 33
Topography:
Dry, Flat
Direction Faces:
West
Bedrooms:
5+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
5
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
7
Rooms Below Grade:
5
Rooms:
11
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
0
Cooling:
No
New Construction:
No
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Crawl Space
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private, Available
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$5,570.9 /
2025
Assessment:
$- /
-
Frontenac
Kingston
14 - Central City East
Fenced Yard, Hospital, Public Transit, School, School Bus Route
Data was last updated January 15, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$849,000
Min list price:
$599,900
Max list price:
$2,989,000
Avg days on market:
56
Min days on market:
2
Max days on market:
622
These statistics are generated based on the current listing's property type
and located in
14 - Central City East. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.