Detached Home for Sale

MLS# H4141562 Price: $1,499,990




Property Description

**Attention Savvy Investors** This is your chance to create generational wealth with this spectacular purpose built turnkey student rental property generating 111k in annual rents (Fully Leased). 9 minutes to Queens U and fantastic area amenities. Main house features 4 Beds 2 Baths with BRAND NEW LEGAL addition adding 8 Beds & 3 Baths to this cash flow machine. FEATURES INCLUDE: 2 Kitchens w/3rd roughed in, 5 Fridges, 2 Stoves, 2 microwaves, 3 laundry pairs, 2 TV's, 2 decks, detached garage, 3 water heaters (owned), 2 electrical panels w/sub panel, carpet free with hardwood/vinyl/ceramic flooring, glass showers, electric fireplace, & select furniture. Very efficient as tenants pay all utilities due to separate hydro meters, heated flooring, 3 Wall A/C's, and electric baseboards all with separate thermostats. Very low operating and capital costs make this a cornerstone property for a first time investor or a pinnacle addition to any portfolio.

Are you interested in this listing? Request a viewing!

What's your Walk Score? 69 Somewhat Walkable

What's your Transit Score? 57 Good Transit

Property Details: 271 MACDONNELL Street (near MACK ST & MACDONNELL )
Listing# 12631


Location

Address 271 MACDONNELL Street
City Kingston
Cross Streets MACK ST & MACDONNELL
District Kingston
Neighbourhood Kingston
Listing Agent Michael Bedioui

Description

Sub Type Freehold Type Detached
Price $ 1,499,990 Lease Rate Per For Sale
Style 2 Storey Approx. Age New
Location Kingston Construction Brick
Metal/Stone Siding
Heating Baseboard
Radiant
Square Footage 2167

Features

Property Features Sump Pump
Security System
Separate Hydro Meters
Rooms 17
Bedrooms 12 Full Bathrooms 2
Half Bathrooms 0 Garage Detached

What's Around 271 MACDONNELL Street?


Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.

We Sell Millcroft Team