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$1,395,000

512-514 MACDONNELL STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 4W7

MLS® # X11970971

Property Information:

Amazing Investment opportunity for buyers looking in Downtown Kingston. This is an exceptional five-unit property in a great location, offering ease of maintenance, convenience, and income potential. Generating an annual income of over $90,000, this building is a solid investment .Close to shops, schools, and public transit, there is virtually never a vacancy. All units are up to date and most have been recently renovated. Four parking spots make the units even more desirable for tenants. Property consists of two one bedroom units and three one plus den units. This is a turnkey investment with great income and growth potential. Don't miss out. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Type: N/A
  • Exterior Finish: Stucco
  • Fire Protection: Smoke Detectors
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4+1
  • Bathrooms: 5
  • Amenities Nearby: Public Transit
  • Community Features: School Bus
  • Features: Lane, Lighting
  • Irregular: Yes
  • Lot Depth: 107.0 Feet
  • Lot Frontage: 33.0 Feet
  • Lot Size: 33.01 x 107.05 FT
  • Structure Type: Porch
  • Utility Type: Sewer - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Location of 512-514 MACDONNELL STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 4W7

Demographic Information of 512-514 MACDONNELL STREET, Kingston (East of Sir John A. Blvd), Ontario, K7K 4W7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,222.14

Average Number of Children

1.36

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.47 %

High school certificate or equivalent

36.48 %

Apprenticeship trade certificate/diploma

3.63 %

College/non-university certificate

19.62 %

University certificate (below bachelor)

0.84 %

University Degree

27.96 %

Commuter

Travel To Work

By Car

65.01 %

By Public Transit

10.47 %

By Walking

19.3 %

By Bicycle

1.81 %

By Other Methods

3.41 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

65.75 %

Houses

34.25 %

Own Vs. Rent