Kingston, East of Sir John A. Blvd, K7K 3E5
$539,000
Listed by Royal LePage ProAlliance Realty, Brokerage.
A downtown up-and-down Inner Harbour legal duplex with the utilities all nicely separated. A freshly renovated (it's really quite brilliant) three-bedroom ground floor unit is vacant and ready to go. Up above is a good two-bedroom unit also vacant. Both have their own furnace and AC systems. This spacious detached property is in fine condition with maintenance-free vinyl siding, as well as ample parking and outdoor space. The downtown core is a twelve-minute stroll, Doug Fluhrer Park and the waterfront is not even five minutes away, and The Elm Cafe is closer than your own kitchen. It seems an unusually fine investment to me, offering the opportunity to set your own rents or live inexpensively in one of the city's most thrilling neighbourhoods. Conservative rents would be $2000 + on the main floor and $1300 + upstairs. 2023 taxes of $4493 and insurance of approximately $1400 per year suggest an NOI of 33,707 and a very healthy CAP rate of 6.2%.
Carbon Monoxide Detector,Refrigerator,Smoke Detector,Stove,Two Fridges And Two Stoves And Two Central Air Conditioners.
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Foyer
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Living Room
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Kitchen
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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.
This property has been sold 5 times before. To view this property's sale price history please sign in or register: