271 Macdonnell Street Kingston, Ontario K7L 4C4
$1,499,990
**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. (id:47723)
Property Details
| MLS® Number | H4141562 |
| Property Type | Single Family |
| Amenities Near By | Public Transit, Recreation, Schools |
| Community Features | Community Centre |
| Equipment Type | None |
| Features | Park Setting, Park/reserve, Paved Driveway, Sump Pump |
| Parking Space Total | 5 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 8 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 12 |
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| Architectural Style | 2 Level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick, Metal |
| Fireplace Fuel | Electric |
| Fireplace Present | Yes |
| Fireplace Type | Other - See Remarks |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Radiant Heat |
| Stories Total | 2 |
| Size Exterior | 2167 Sqft |
| Size Interior | 2167 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 119 Ft |
| Size Frontage | 38 Ft |
| Size Irregular | 38 X 119 |
| Size Total Text | 38 X 119|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Recreation Room | 10' 11'' x 11' 4'' | ||
| Second Level | Bedroom | 10' 6'' x 11' 5'' | ||
| Second Level | Bedroom | 10' 10'' x 11' 5'' | ||
| Second Level | Bedroom | 10' 10'' x 11' 2'' | ||
| Basement | Bedroom | 10' 1'' x 10' 9'' | ||
| Basement | Bedroom | 10' 10'' x 10' 9'' | ||
| Basement | Bedroom | 11' 2'' x 12' 0'' | ||
| Basement | 3pc Bathroom | 5' 11'' x 3' 8'' | ||
| Basement | Laundry Room | 4' 9'' x 8' 10'' | ||
| Basement | Bedroom | 10' 4'' x 12' 10'' | ||
| Ground Level | Kitchen | 10' 10'' x 11' 5'' | ||
| Ground Level | Primary Bedroom | 10' 10'' x 11' 6'' | ||
| Ground Level | Bedroom | 10' 10'' x 11' 8'' | ||
| Ground Level | Bedroom | 10' 10'' x 11' 4'' | ||
| Ground Level | 4pc Bathroom | 4' 9'' x 6' 4'' | ||
| Ground Level | Dining Room | 10' 4'' x 14' 8'' | ||
| Ground Level | Bedroom | 7' 2'' x 11' 2'' | ||
| Ground Level | Kitchen | 10' 3'' x 9' 3'' | ||
| Ground Level | Primary Bedroom | 11' 3'' x 9' 9'' | ||
| Ground Level | Living Room | 11' 3'' x 13' 2'' |
https://www.realtor.ca/real-estate/24671477/271-macdonnell-street-kingston
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July 21 2022 09:09:19
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.