118 Napier Street Kingston, Ontario K7L 0B5
$1,298,000
Prime Student Rental Investment steps from Queens University - An exceptional opportunity for investors! This well-maintained, all-brick house is a new construction, purpose-built student rental and perfectly designed for strong, reliable returns. Featuring 8 bedrooms, 4 bathrooms, and two self-contained units, this property offers a separate entrance in-law suite, making it highly versatile. Key Features: Spacious & bright, large windows throughout, gleaming hardwood floors. Dual Setup: 2 kitchens, 2 living rooms, dual laundry, dual meter bases, dual panels, and dual heating sources. Comfortable & quiet. Well-insulated with minimal yard work, situated in a peaceful neighbourhood with great neighbours in a convenient location, 3-minute walk to a bus stop, easy access to Queens University and downtown. Parking: Private driveway fits three cars. The current landlord takes pride in creating a true "home away from home" for students, ensuring tenant satisfaction and strong occupancy rates. With an attractive cap rate, this is a turnkey investment in one of Kingston's most desirable student rental areas. (id:47868)
Property Details
| MLS® Number | X12016811 |
| Property Type | Single Family |
| Community Name | 14 - Central City East |
| Amenities Near By | Hospital, Public Transit, Schools |
| Community Features | School Bus |
| Equipment Type | Water Heater - Gas |
| Features | Flat Site, In-law Suite |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater - Gas |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 8 |
| Appliances | Dryer, Furniture, Microwave, Two Stoves, Two Washers, Two Refrigerators |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Controlled Entry, Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 48 Ft ,10 In |
| Size Frontage | 48 Ft |
| Size Irregular | 48 X 48.9 Ft |
| Size Total Text | 48 X 48.9 Ft|1/2 - 1.99 Acres |
| Zoning Description | Os2, A |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 3.23 m | 3.72 m | 3.23 m x 3.72 m |
| Second Level | Bathroom | 1.45 m | 2.54 m | 1.45 m x 2.54 m |
| Second Level | Bathroom | 1.71 m | 2.76 m | 1.71 m x 2.76 m |
| Second Level | Bedroom | 3.21 m | 2.64 m | 3.21 m x 2.64 m |
| Second Level | Bedroom | 3.09 m | 3.21 m | 3.09 m x 3.21 m |
| Second Level | Bedroom | 2.4 m | 3.84 m | 2.4 m x 3.84 m |
| Basement | Bathroom | 3.03 m | 2 m | 3.03 m x 2 m |
| Basement | Bedroom | 2.97 m | 3.39 m | 2.97 m x 3.39 m |
| Basement | Bedroom | 2.97 m | 3.42 m | 2.97 m x 3.42 m |
| Basement | Kitchen | 3.23 m | 3.12 m | 3.23 m x 3.12 m |
| Basement | Recreational, Games Room | 2.15 m | 4.47 m | 2.15 m x 4.47 m |
| Basement | Utility Room | 3.03 m | 1.82 m | 3.03 m x 1.82 m |
| Main Level | Bathroom | 2.67 m | 1.62 m | 2.67 m x 1.62 m |
| Main Level | Bedroom | 2.59 m | 3.8 m | 2.59 m x 3.8 m |
| Main Level | Bedroom | 3.04 m | 3.28 m | 3.04 m x 3.28 m |
| Main Level | Kitchen | 3.06 m | 2.74 m | 3.06 m x 2.74 m |
| Main Level | Living Room | 3.05 m | 4.47 m | 3.05 m x 4.47 m |
Utilities
| Cable | Available |
| Wireless | Available |
| Natural Gas Available | Available |
| Sewer | Installed |
Interested
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March 14 2025 09:49:56
Kingston & Area Real Estate Association
Exp Realty, Brokerage, Exp Realty
