53 days on Market

247 Queen St, Kingston, Ontario K7K 1B5

Townhouse
5
2
~1500-2000 sqft
$869,900
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Townhouse
5
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$507/sqft

Est. Mortgage$3,736/mo

Tax Amount (2024)$4,391/yr

Days On Market53 days


Description

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!


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size3,158 SqFt(94.41 x 33.45)
Parking Spaces2
MLS ®NumberX10406012
Community NameInner Harbour
Data SourceTRREB
Listing byRE/MAX RISE EXECUTIVES, BROKERAGE

Features

Heating: Forced Air

Main Floor

Dining

2.95 x 2.82

Kitchen

2.94 x 2.56

Kitchen

2.47 x 2.97

Br

2.72 x 5.62


Features

Lot size: 3,158 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX RISE EXECUTIVES, BROKERAGE, Brokerage
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Population and Demographics

Overview

Total population 7131
Average household income $103,089

Age (%)

20 to 34
37%
65 and plus
17%
35 to 49
17%
50 to 64
16%
0 to 19
13%

Household composition (%)

Single person
49%
Single family
37%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
French
2%
Mandarin
2%
English and French
1%

House tenancy (%)

Renters
70%
Owners
30%

Schools and amenities

Estimated Budget