279 Frontenac Street, Kingston, ON K7L 3S9

$2,200,000
10
BD
4
BA
2,000
SqFt

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List Price
$2,200,000
MLS#
X13098096
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2 1/2 Storey
Bedrooms
10
Bathrooms
4
Living Area
2000-2500
Province
ON
Municipality
Kingston
Area
Frontenac
Neighborhood
14 - Central City East
Subdivision
Frontenac St Just Above Earl St

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.

Additional Information

Taxes
$11,281
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Family Room
Yes
Kitchens
3
Exterior
Brick, Concrete Block
Garage Type
None
Pool
None
Parking Spaces
1
Parking Type
Front Yard Parking, Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE.