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Prime Student Rental Investment steps from Queens University - An exceptional opportunity for investors! This well-maintained, all-brick house is a new construction, purpose-built student rental and perfectly designed for strong, reliable returns. Featuring 8 bedrooms, 4 bathrooms, and two self-contained units, this property offers a separate entrance in-law suite, making it highly versatile. Key Features: Spacious & bright, large windows throughout, gleaming hardwood floors. Dual Setup: 2 kitchens, 2 living rooms, dual laundry, dual meter bases, dual panels, and dual heating sources. Comfortable & quiet. Well-insulated with minimal yard work, situated in a peaceful neighbourhood with great neighbours in a convenient location, 3-minute walk to a bus stop, easy access to Queens University and downtown. Parking: Private driveway fits three cars. The current landlord takes pride in creating a true "home away from home" for students, ensuring tenant satisfaction and strong occupancy rates. With an attractive cap rate, this is a turnkey investment in one of Kingston's most desirable student rental areas.
Furniture common rooms -every bedroom has desk, bed ,chair, 2 stoves, 3 fridges, 1 freezer, 2 microwaves, 2 washers, 2 dryers, silverware, dishes
City: Kingston
Neighborhood: Central City East
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Feb 24, 2022 | 54 | $1,150,000 | $1,100,000 | Sold | X9058761 |
Purchase Price | $1298000 |
Down Payment | $259600 |
Mortgage Insurance | $0 |
Total Mortgage | $1038400 |
Mortgage Payment | $6399 |
Property Taxes | $708 |
Maintenance Fees | $0 |
Monthly Payment | $7107 |
Located at 118 Napier St , this Kingston house is available for sale. This property was listed for $1,285,000 on Mon Apr 07 2025. This house's size is 1100-1500 Sqft. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: Bathroom, Br, Br, Kitchen, Living, Bathroom, Bathroom, Br, Br, Br, Primary, Bathroom, Br, Br, Kitchen, Rec, Utility. This property comes with 3 parking spots. 118 Napier St, Kingston is situated in the Central City East neighbourhood.
MLS#: X12016811 · $1,285,000 · 6 bedroom house in Central City East, Kingston