$ 869.900

247 Queen Street, Kingston

  • Bedrooms: 5
  • Bathrooms: 2
  • Type: Duplex
  • Added: 19 days ago
  • Updated: 15 days ago
  • Last Checked: 10 hours ago
Welcome to 247 Queen St, Kingston! This well-located legal duplex offers an ideal setup for a student rental or a fantastic addition to any investment portfolio. The property features two units, each with excellent rental income and strong appeal to the student market. Unit 1 is a cozy 1-bedroom, 1-bathroom apartment, currently rented at $1,775 per month. Unit 2offers spacious accommodations with 4 bedrooms and 1 bathroom, generating $3,700 monthly. Both units are designed to maximize comfort and convenience for tenants. Situated within walking distance to Queen's University, a gym, grocery stores, restaurants, and all the vibrant amenities of downtown Kingston, this property offers an unbeatable location for students and renters alike. Don't miss this rare opportunity to own a prime investment property with strong rental returns in the heart of Kingston! (id:1945)
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Property DetailsKey information about 247 Queen Street

  • Heating: Forced air, Electric
  • Stories: 2
  • Structure Type: Duplex
  • Exterior Features: Stucco
  • Foundation Details: Block
  • Address: 247 Queen St, Kingston
  • Type: Duplex
  • Investment Opportunity: true
  • Rental Income: Unit 1: Bedrooms: 1, Bathrooms: 1, Monthly Rent: 1775, Unit 2: Bedrooms: 4, Bathrooms: 1, Monthly Rent: 3700

Interior FeaturesDiscover the interior design and amenities

  • Appliances: Refrigerator, Dishwasher, Dryer, Two stoves, Two Washers
  • Bedrooms Total: 5
  • Unit 1: Design: Cozy
  • Unit 2: Design: Spacious
  • Comfort And Convenience: true

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 247 Queen Street

  • Lot Features: In-Law Suite
  • Water Source: Municipal water
  • Parking Total: 2
  • Lot Size Dimensions: 33.5 x 94.4 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Division St to Queen St
  • Community Features: School Bus
  • Proximity To Queens University: true
  • Nearby Amenities: Gym, Grocery Stores, Restaurants, Downtown Kingston Vibrant Amenities
  • Walkability: true

Business & Leasing InformationCheck business and leasing options available at 247 Queen Street

  • Suitable For Student Rental: true
  • Investment Portfolio Addition: true

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 247 Queen Street

  • Tax Year: 2024
  • Tax Annual Amount: 4390.61
  • Zoning Description: C1-1
  • Legal Duplex: true

Additional FeaturesExplore extra features and benefits

  • Opportunity: Rare opportunity to own a prime investment property
  • Strong Rental Returns: true
Room Dimensions
Type Level Dimensions
Dining room Main level 2.95 x 2.82
Bedroom 5 Second level 3.15 x 4.37
Bathroom Second level 2.88 x 2.18
Kitchen Main level 2.94 x 2.56
Kitchen Main level 2.47 x 2.97
Living room Main level 2.94 x 2.56
Living room Main level 2.95 x 2.29
Bedroom Main level 2.72 x 5.62
Bathroom Main level 1.48 x 2.03
Bedroom 2 Second level 2.67 x 3.37
Bedroom 3 Second level 4.13 x 3.08
Bedroom 4 Second level 2.98 x 4.08
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Nearby Listings Stat

Active listings
29
Min Price
$399,000
Max Price
$1,399,000
Avg Price
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Days on Market
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Sold listings
9
Min Sold Price
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Max Sold Price
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Avg Sold Price
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Days until Sold
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Nearby Places

Name
Type
Address
Distance
Saint Andrew's Presbyterian Church
Church
130 Clergy St E
0.1 km
St. Andrew's Presbyterian Church (Kingston, Ontario)
The church opened for service in 1822...
0.1 km
Tim Hortons and Cold Stone Creamery
Cafe
312 Princess St
0.1 km
The Grizzly Grill
Bar
395 Princess St
0.2 km
Copper Penny
Restaurant
240 Princess St
0.3 km
Pizza Pizza
Restaurant
414 Princess St
0.3 km
St. Mary's Cathedral, Kingston
It is one of four churches located within 600m alo...
0.3 km
Arisu Restaurant
Restaurant
185 Division St
0.3 km
Megalos Restaurant Inc
Restaurant
226 Princess St
0.3 km
The Grand Theatre (Kingston, Ontario)
The main theatre seats 776 people, and has a prosc...
0.3 km
Saint Mary's Cathedral of the Immaculate Conception
Church
279 Johnson St
0.3 km
Providence Care
Providence Care specializes in rehabilitation, ger...
0.3 km
Additional Information about 247 Queen Street

This Duplex at 247 Queen Street Kingston, ON with MLS Number x10406012 listed by JORDAN MCGREGOR - RE/MAX RISE EXECUTIVES, BROKERAGE on Kingston market 19 days ago at $869,900

The current price of the property is $869,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 20% down payment, the total amount borrowed would be $695,920. This would result in a monthly mortgage payment of $4,068 over a 25-year amortization period.

More Details?
JORDAN MCGREGOR
  • JORDAN MCGREGOR
  • RE/MAX RISE EXECUTIVES, BROKERAGE
  • 613-483-4052
  • WebSite

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