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$775,000
Status: For Sale
Excellent investment opportunity in the heart of Kingston, approximately a 15-minute walk from Queen's University and close to major bus routes. Located just north of Princess Street, this detached 6-bedroom duplex is a strong addition to any investment portfolio. The main unit offers 5 bedrooms across two levels, 2 full bathrooms, a spacious living room, and a large eat-in kitchen with updated flooring. A major bonus is the additional bachelor apartment, providing an extra income stream. Both units are separately metered and share access to on-site laundry. 2 parking spots are available to rent for additional income too. Generating $66,000 in gross annual income, this property offers an impressive cap rate of over 7.5%. Major updates include a roof replacement in 2023 and vinyl windows throughout. A proven income generator with strong rental demand, the property is currently leased until April 30th, 2027. The bachelor apartment is currently rented below market value, presenting excellent future upside potential.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13679136 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :15 Aug, 2026 (37 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Frontenac |
|---|---|
| Postal Code | :
K7K 4H4
|
| Price | : $775,000 |
|---|---|
| Property Taxes | :$4935.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :6 + |
|---|---|
| No. of Rooms | :14 |
| Heating | :Forced Air |
| Cross Street | :Pine & Hamilton |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1500-2000 sqft |
| Fireplace/Stove | :No |
| Bathroom | :3.13 m x 1.5 m |
|---|---|
| Bathroom | :2.81 m x 1.14 m |
| Bedroom | :3.45 m x 3.92 m |
| Kitchen | :5.08 m x 2.83 m |
| Dining Room | :4.45 m x 1.8 m |
| Kitchen | :3.11 m x 3.21 m |
| Bedroom | :4.69 m x 4.05 m |
|---|---|
| Bedroom | :3.44 m x 2.37 m |
| Bathroom | :1.65 m x 2.64 m |
| Living Room | :3.41 m x 6.46 m |
| Bedroom | :3.1 m x 2.83 m |
| Bedroom | :3.52 m x 5.61 m |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :2 |
| Basement | :Full |
| Laundry Level | :Main Level |
|---|---|
| Park | :Park |
15 Aug, 2026
TREB #X13679136
Listed
$775000.0
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