FOR SALE
$949,000
1563 Kingston, Toronto, ON, M1N 1S4
4+1
3
1500-2000
About the Property
Recently updated duplex ideally located just steps from the downtown core and within easy walking distance to Queen's campus. Each spacious unit features large principal rooms, four bedrooms, and in-suite laundry, making this property highly attractive to tenants.This well-maintained building offers parking for three vehicles and currently generates $78,000 in annual gross income with tenants paying for utilities. An additional upside potential through monetizing the parking spaces. New leases are in place until end of April 2027 providing stable income and a truly turn-key opportunity for investors seeking immediate cash flow.The current owners have enjoyed zero vacancy throughout their ownership, underscoring the property's strong rental appeal and desirable location.
New roof 2024.
Property Details
About the Property
Recently updated duplex ideally located just steps from the downtown core and within easy walking distance to Queen's campus. Each spacious unit features large principal rooms, four bedrooms, and in-suite laundry, making this property highly attractive to tenants.This well-maintained building offers parking for three vehicles and currently generates $78,000 in annual gross income with tenants paying for utilities. An additional upside potential through monetizing the parking spaces. New leases are in place until end of April 2027 providing stable income and a truly turn-key opportunity for investors seeking immediate cash flow.The current owners have enjoyed zero vacancy throughout their ownership, underscoring the property's strong rental appeal and desirable location.
New roof 2024.
Property Details
MLS#:
X13427182
Status:
For Sale
Property Type:
Duplex
Central A/C:
No
Bedrooms:
8
Heating Fuel:
Baseboard
Bathrooms:
4
Heating Type:
Baseboard
Parking:
3 Spots
Cross Street:
COLBORNE ST
Basement:
Unfinished
MLS#:
X13427182
Status:
For Sale
Property Type:
Duplex
Central A/C:
No
Bedrooms:
8
Heating Fuel:
Baseboard
Bathrooms:
4
Heating Type:
Baseboard
Parking:
3 Spots
Cross Street:
COLBORNE ST
Basement:
Unfinished
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Presented By:
SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Presented By:
SUTTON GROUP-MASTERS REALTY INC., BROKERAGE