118 Napier Street
14 - Central City East, Kingston, K7L 0B5
For Sale
12.34 BTC

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6 + 2
BEDROOMS4
BATHROOMS1 + 1
KITCHENS11 + 6
ROOMSX12016811
MLSIDContact Us
Property Description
Prime Student Rental Investment steps from Queens University - An exceptional opportunity for investors! This well-maintained, all-brick house is a new construction, purpose-built student rental and perfectly designed for strong, reliable returns. Featuring 8 bedrooms, 4 bathrooms, and two self-contained units, this property offers a separate entrance in-law suite, making it highly versatile. Key Features: Spacious & bright, large windows throughout, gleaming hardwood floors. Dual Setup: 2 kitchens, 2 living rooms, dual laundry, dual meter bases, dual panels, and dual heating sources. Comfortable & quiet. Well-insulated with minimal yard work, situated in a peaceful neighbourhood with great neighbours in a convenient location, 3-minute walk to a bus stop, easy access to Queens University and downtown. Parking: Private driveway fits three cars. The current landlord takes pride in creating a true "home away from home" for students, ensuring tenant satisfaction and strong occupancy rates. With an attractive cap rate, this is a turnkey investment in one of Kingston's most desirable student rental areas.
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Property Features
Hospital, Public Transit, School, School Bus Route, In-Law Suite, Carbon Monoxide Detectors, Smoke Detector
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Property Details
Property Type
Detached
Lot Size
48' x 49'
Taxes
$8,500 (2024)
Basement
Apartment, Separate Entrance
Exterior
Landscaped, Controlled Entry
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Exp Realty, Brokerage
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