$2,229,000
 $11,966 est/mo Sourced by Back At You

39 Ellerbeck Street , Kingston, ON K7L 4H5

Kingston, ON K7L 4H5

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Description

Incredible investment opportunity downtown Kingston! 39 Ellerbeck was purposely built for two separate rental units - one unit with 6 beds and 3 baths, the other with 6 beds and 2.5 baths - all completely constructed within the last two years. The first floor of Unit #1 boasts two ample size bedrooms, one 3-piece bathroom with pristine glass doors, and an Open Concept Living Room/Dining Room/Kitchen which includes shaker cabinetry, stainless steel appliances and quartz countertops as well as a walk-out to your incredibly charming deck - all located on the main floor of the unit. The second floor holds 4 additional large bedrooms, an in-suite washer and dryer, and also one 3-piece bathroom with walk-in shower and one spacious 4-piece bathroom with tub. Unit #2 has very similar floor plans along with the same beautiful finishes - the only difference being one of the upper floor bedrooms include patio doors that provide endless light, one 3-piece bathroom with lots of counter space and walk-in shower, and one spacious 2-piece bathroom. Both units provide a gross annual income of $168,240.00. - unit #2 fully leased until April 30, 2025 and unit #1 leased until December 31, 2024. Both units have tenants pay all utilities (hydro, heat, water). The parking space is located at the back of the building, and the backyard even has a gate access to Queen’s School of Nursing! Conveniently located Downtown Kingston, minutes away from Queens and easy access to public transit.

Details

MLS#40600653
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site48
Listing Provided ByRoyal LePage ProAlliance Realty, Brokerage | Adam Koven

Features

Bed(s)12
Bath(s)6
SQ Feet2,640
BasementY
Story(s)3
Units2
ZoningUR5
Acreage0.10
Water FrontYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 18 minutes ago
ProvinceON
CountyFrontenac
CityKingston
Postal CodeK7L 4H5
AreaKingston
Subarea14 Central City East
Community Name14 Central City East
Listing VS Median (in 14 Central City East)
Price:
$2,229,000
low | high
Med:
$685,000
100% of Average
SqFt:
2,640
low | high
Med:
1,425
96.022727272727% of Average
$ / SqFt:
$844
low | high
Med:
$481
93.066279426696% of Average
On Site:
48
low | high
Med:
154
31.168831168831% of Average
Sourced by Back At You
Listing Updated: July 4, 2024 at 9:15:22 AM PDT