378 BARRIE STREET, Kingston (east Of Sir John A. Blvd), ON K7K3T4
378 BARRIE STREET, Kingston (east Of Sir John A. Blvd), ON K7K3T4
378 BARRIE STREET, Kingston (east Of Sir John A. Blvd), ON K7K3T4
378 BARRIE STREET, Kingston (east Of Sir John A. Blvd), ON K7K3T4
378 BARRIE STREET, Kingston (east Of Sir John A. Blvd), ON K7K3T4
378 BARRIE STREET, Kingston (east Of Sir John A. Blvd), ON K7K3T4
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$ 599,000
Est. payment | /mo

5 Beds

2 Baths

1,100 SqFt


Save
$ 599,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,100 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $544

Subdivision 22 - East Of Sir John A. Blvd

MLS® Listing ID X13419790

Bedrooms 5

Property Sub-Type Freehold

Property Description

Annual gross income of $43,200 with lease in place to end of April 2027 with the additional opportunity to further enhance revenue by monetizing more bedrooms and the existing parking space. Exceptional value with this turnkey investment property located in walking distance minutes from downtown Kingston and Queen's University. Rented as a 4-bedroom student rental, this property can easily be turned into a 6-bedroom rental with minimal work. There's an extra bedroom on the 2nd floor (not currently being rented out) and potential to convert the dining room into another bedroom. This well-maintained residence is positioned in one of Kingston's most desirable rental areas for it's locational characteristics, offering consistent demand and a proven track record of strong occupancy. The property features generous living spaces, well sized bedrooms, two full bathrooms, and one dedicated parking space. Currently fully tenanted at $43,200.00 annually (May 2026 to end of April 2027 lease in place), with tenants responsible for utilities, the home provides reliable income and attractive returns, with additional upside potential for investors. With a history of stable occupancy and minimal maintenance requirements, this property presents an excellent opportunity for both seasoned and first-time investors seeking to grow their portfolio in a high-demand market. New roof 2024. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 3.14 m X 2.34 m Bedroom 2

Extra Room 2 Second level 2.67 m X 3.25 m Bedroom 3

Extra Room 3 Second level 2.8 m X 4.93 m Bedroom 4

Extra Room 4 Second level 3.14 m X 3.16 m Bedroom 5

Extra Room 5 Second level 2.25 m X 2.25 m Bathroom

Extra Room 6 Ground level 4.86 m X 3.14 m Living room

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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Listed by SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Aziza Subramanian

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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378 BARRIE STREET