279 Frontenac Street, Kingston (Central City East), Ontario K7L3S9

Property Description

This is an exceptional opportunity to capture any investor's attention. Ideally located just one block from Queen's University, the property offers strong, consistent rental appeal in one of the city's most sought-after areas. Situated on a generous 66 x 165 ft lot, the property features an eight-bedroom tenanted home, along with an attached converted garage that has been thoughtfully configured into a separate two-bedroom unit. Both the main house and apartment have been well maintained and consistently rented year after year through word of mouth, reflecting the strength of the location and ongoing demand. Recent and upcoming improvements this summer include to renovate the second-floor bathroom and new flooring in the upper-level kitchen. The property is serviced by a boiler system that heats both the house and apartment, and the asphalt roof is approximately eight years old. In addition to its current use, the property offers notable future potential with the possibility of severance. The lot size and configuration present an exciting opportunity for those looking to explore redevelopment in a prime location. Financials, J RICHARDS "High-Level Planning Review" and City of Kingston -Planning Report outline this future potential in the documents section. (id:5764)