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$1,980,000
Status: For Sale
Welcome to this exceptionally maintained 12 bedroom legal duplex steps to Queen's main campus and the waterfront. It is a prime student rental investment opportunity with a current income of $129,456. Unit 187A is leased at $5,562/mth + utilities, and 187B is leased at $5,226/mth+ utilities (tenants leaving April 30th, 2025). Each spacious 2-storey unit is complete with 6 oversized bedrooms, 2 full bathrooms, a bright open concept kitchen/living/dining area, and convenience of second-storey laundry. Many upgrades including a new metal roof (2021), and flooring (2024). Four parking spots are located at the rear of the property for convenience and future income generation. The garage at the rear of the property offers extra storage space and is a valuable amenity for tenants and owner/maintenance storage. Don't miss out on this opportunity to own a well-maintained, income-generating property. 24-hour notice is needed for all showings.
| Property Type | :Residential |
|---|---|
| MLS Number | :X10420862 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :13 Nov, 2024 (8 Days ago) |
| Source | :TRREB |
| Area | :Frontenac |
|---|---|
| Postal Code | :
K7L 3R8
|
| Price | : $1,980,000 |
|---|---|
| Property Taxes | :$9346.60 |
| Tax Year | :2023 |
|---|
| Bedrooms | :6 + |
|---|---|
| No. of Rooms | :24 |
| Air Conditioning | :None |
| Heating | :Baseboard |
| Place of Worship | :No |
| Cross Street | :Johnson Street to Alfred Street. S |
| Bathrooms | :4 |
|---|---|
| Fuel | :Electric |
| Approx Square Footage | :3000-3500 sqft |
| Living | :3.35 m x 4.19 m |
|---|---|
| Kitchen | :2.67 m x 5.53 m |
| Prim Bdrm | :3.43 m x 2.90 m |
| Laundry | :1.83 m x 1.93 m |
| 3rd Br | :3.23 m x 3.66 m |
| 5th Br | :3.48 m x 2.48 m |
| Dining | :2.54 m x 2.95 m |
|---|---|
| Bathroom | :1.73 m x 2.24 m |
| 2nd Br | :3.43 m x 2.90 m |
| Bathroom | :2.26 m x 0.00 m |
| 4th Br | :3.48 m x 2.48 m |
| Br | :-33.23 m x 3.40 m |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :5 |
| Basement | :Crawl Space |
| Garage | :Detached |
|---|
12 Nov, 2024
TREB #X10420862
Listed
$1980000.0
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