Kingston, East of Sir John A. Blvd, K7K 3Z9
$699,900
Listed by Royal LePage ProAlliance Realty, Brokerage.
SPLENDID QUEEN’S STUDENT RENTAL PROPERTY - this 5 bed, 1.5 bath house is located within walking distance to campus. Well maintained with steel roof, vinyl windows and gas furnace. Newly renovated basement provides a common area and den as well as laundry and storage. Large fenced yard with parking for 2 vehicles. Front sunroom is perfect for bikes, recycling, etc. Currently rented for $4500 plus utilities until April 30, 2025. Current Cap Rate is approximately 6.7%. Potential for another $900 per month should someone wish to use the den as a 6th bedroom and the Cap Rate then would be approximately 8.2%.
Built-in Microwave,Carbon Monoxide Detector,Dryer,Freezer,Smoke Detector,Stove,Washer,Window Coverings
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Kitchen
Bedroom
Bedroom
Sunroom
Bedroom
Bedroom Primary
Bedroom
Recreation Room
Utility Room
Den
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.
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