FOR SALE
$579,900
12 Kingston, Rideau Lakes, ON, K0G 1E0
4
2
2000-2500
About the Property
All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars.
Both units currently vacant and available for immediate possession. Potential income of $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Renovators Dream!! Property needs some TLC but a great investment opportunity with excellent value add potential!
Features
Property Details
MLS#:
X13256966
Status:
Sold
About the Property
All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars.
Both units currently vacant and available for immediate possession. Potential income of $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Renovators Dream!! Property needs some TLC but a great investment opportunity with excellent value add potential!
Features
Property Details
MLS#:
X13256966
Status:
Sold
Property Type:
Detached
Central A/C:
No
Bedrooms:
3+3
Heating Fuel:
Baseboard
Bathrooms:
2
Heating Type:
Baseboard
Parking:
1 Spot
Cross Street:
Concession St & MacDonnell St
Basement:
Separate Entrance, Apartment
Property Type:
Detached
Central A/C:
No
Bedrooms:
3+3
Heating Fuel:
Baseboard
Bathrooms:
2
Heating Type:
Baseboard
Parking:
1 Spot
Cross Street:
Concession St & MacDonnell St
Basement:
Separate Entrance, Apartment
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
NORTH 2 SOUTH REALTY
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
NORTH 2 SOUTH REALTY