Kingston, East of Sir John A. Blvd, K7K 2A4
$449,900
Listed by Royal LePage ProAlliance Realty, Brokerage.
Attention investors! If you are looking for a turn-key property that is fully tenanted and cash flow positive you are in the right spot. This legal non-conforming duplex is ready for its new owner. Just minutes to downtown and easy access to public transit, the location makes it very easy to keep the units rented. With the added convenience of schools, parks and a public market nearby it is hard to find a more convenient location in this price range. Currently rented for $1500 + utilities for the main floor unit and an additional $1700 + utilities for the upstairs unit each with their own entrance. Don't worry about struggling to find tenants for your investment properties as these units have been rented consistently without issue in this central location.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 8 times before. To view this property's sale price history please sign in or register: