Jag Patel
Broker
$897,900
Available - For Sale
Listing ID: X12389144
368 Albert Stre , Kingston, K7L 3W2, Frontenac
| Spectacular investment opportunity in the heart of Downtown Kingston, just steps from Queens University and overlooking beautiful Victoria Park. Situated on a large corner lot in one of the citys most desirable student rental districts, this property offers consistent rental demand and strong cash flow. The main floor boasts 9 ft ceilings, wide hallways, a spacious eat-in kitchen with walkout to the rear deck and landscaped yard, a comfortable living room, a full bath, and a generously sized bedroom. The upper level features three oversized, carpet-free bedrooms filled with natural light, along with a well-appointed 5-piece bathroom. The fully finished lower level adds impressive value, offering a large rec room, an additional oversized bedroom, laundry area, and another full bath. Recent upgrades include a new roof (2019), eight updated windows, flooring, and a fully finished lower level. The property is currently leased to excellent tenants at $4,740/month (+ utilities), providing a turnkey, income-generating investment.Whether you're an experienced investor or entering the Queens student rental market for the first time, this property checks all the boxes: location, quality, and reliable returns. |
| Price | $897,900 |
| Taxes: | $5508.85 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 368 Albert Stre , Kingston, K7L 3W2, Frontenac |
| Directions/Cross Streets: | Brock |
| Rooms: | 10 |
| Rooms +: | 4 |
| Bedrooms: | 4 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 13.12 | 10.17 | |
| Room 2 | Main | Kitchen | 12.14 | 10.5 | |
| Room 3 | Main | Bedroom | 21.98 | 10.82 | |
| Room 4 | Main | Bathroom | 12.14 | 10.5 | |
| Room 5 | Second | Bedroom | 17.06 | 14.76 | |
| Room 6 | Second | Bedroom | 13.45 | 13.45 | |
| Room 7 | Second | Bedroom | 17.06 | 10.5 | |
| Room 8 | Second | Bathroom | 8.86 | 6.56 | 3 Pc Bath |
| Room 9 | Lower | Bedroom | 12.14 | 10.5 | |
| Room 10 | Lower | Bedroom | 21.98 | 10.82 | |
| Room 11 | Lower | Bathroom | 13.12 | 10.17 | 3 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Basement |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 2 | Main |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding, Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Heat Pump |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REAL BROKER ONTARIO LTD., BROKERAGE |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 14 - Central City East |
| Style: | 2-Storey |
| Tax: | $5,508.85 |
| Beds: | 4+2 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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