Detached Home for Sale

MLS# H4172088 Price: $1,399,990

Property Description

*Attention Savvy Investors** This is your chance to create generational wealth with this spectacular purpose built turnkey student rental property generating 120k in annual rents (Fully Leased). 9 minutes to Queens U and fantastic area amenities. Main house features 4 Beds 2 Baths with BRAND NEW LEGAL addition adding 5 Beds/3 Dens & 3 Baths to this cash flow machine. FEATURES INCLUDE: 2 Kitchens w/3rd roughed in, 3 Fridges, 2 Stoves, 2 microwaves, 3 laundry pairs, 2 TV's, 2 decks, detached garage, 3 water heaters (owned), 2 electrical panels w/sub panel, carpet free with hardwood/vinyl/ceramic flooring, glass showers, electric fireplace, & select furniture. Very efficient as tenants pay all utilities due to separate hydro meters, heated flooring, and electric baseboards all with separate thermostats. Very low operating and capital costs make this a cornerstone property for a first time investor or a pinnacle addition to any portfolio.

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What's your Walk Score? 85 Very Walkable

What's your Transit Score? 59 Good Transit

Property Details: 271 MACDONNELL Street (near MACK ST E )
Listing# 68094


Address 271 MACDONNELL Street
City Kingston
Cross Streets MACK ST E
District Kingston
Neighbourhood Kingston
Listing Agent Michael Bedioui


Sub Type Freehold Type Detached
Price $ 1,399,990 Lease Rate Per For Sale
Style 2 Storey Approx. Age 51-99 Years
Location Kingston Construction Brick
Metal/Stone Siding
Heating Baseboard Square Footage 2167


Property Features Security System
Separate Hydro Meters
Sump Pump
Rooms 17
Bedrooms 9 Full Bathrooms 2
Half Bathrooms 0 Garage Detached

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.