19
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$2,170,000
Est. payment /mo
2,300 SqFt
New
279 Frontenac ST Kingston, ON K7L 3S9
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $943
Subdivision 14 - Central City East
MLS Listing ID X12120027
Annual Tax Amount $10,747
Tax Year 2024
Property Sub-Type Investment
Property Description
This exceptional investment opportunity is located in a very PRIME location, just a minute away from Queen's University, making it highly desirable for studentl rental. The property consists of two separate living spaces, offering both flexibility and strong rental income potential.The first space has been updated and features two bedrooms, a full bathroom, and a well-appointed kitchen. With thoughtful upgrades, this space is comfortable, functional, and appealing to tenants. The second space is significantly larger, offering a total of ten bedrooms, two full bathrooms, and two kitchens (main floor & third floor). The expansive living area on the main floor, provides plenty of room for tenants to gather, study, or relax. The layout makes it ideal for student rental, ensuring a steady stream of income. Situated on an oversized lot, the property offers exciting potential for further development. The combination of its unbeatable location, consistent rental history, and expansion possibilities makes this a rare find. With no vacancies in the past decade and a history of strong income generation, this property is a fantastic investment for those looking to maximize returns in a sought-after area.
Location
Province ON
County Frontenac
Community 14 - Central City East
Area Frontenac
Interior
Cooling No
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 66.0
Lot Depth 165.0
Listed by SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
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