Surina Hart, Quinte Real Estate Broker Royal LePage | MLS listings for Belleville, Brighton, Cramahe, Quinte West, Trenton & Prince Edward County

364-366 Johnson Street

Kingston, Ontario, K7L 1Y8

Listing Price: $829,000  –  Availability: For Sale

Description

INVESTMENT property fully leased in the heart of downtown Kingston within minutes of Queen's University. This ideal location provides any investor with a solid opportunity for financial growth and freedom. Legal Duplex consists of 5 bedrooms per unit, open concept kitchen, eating area & living room combination, front & rear entrance/exits, numerous updates and renovations. This property is in excellent condition, and well maintained. Viewings for this property will be scheduled on Saturdays or Sundays.

Features

Location Location Location

• Within walking distance to Queen's University, downtown Kingston, Hospitals, Retail, Waterfront and amenities
• One way street (eastbound)
• Between Aberdeen and Division Street (just east of University Avenue)
• Within walking distance to Laundry services
• On public transit route
• Single shared laneway

Building Updates

• New steel Roof (2009)
• New roof Insulation (2009) R50
• New Soffit & Fascia (2009)
• Some new Eavestrough (2009)
• New spray foam Insulation (2009)
• New lower unit Framing (2009)
• New wiring (2009)
• New main Front Door (2010)
• New unit front & rear Doors (2010)
• New laminate Flooring (2010)
• New 4 piece Bathrooms (2010)
• New 2 piece Bathrooms (2011)
• New Kitchen (2010)
• New appliances (2010)
• New ceramic Flooring (2011)
• New vinyl Flooring (2011)

Each Unit's Layout consists of:

• Front & Rear entrance/exits
• Open concept Kitchen, Eating area & Living Room combination 18' x 15.8'
• Bedroom 1 (right side) 10.2' x 9.4'
• Bedroom 2 (left side) 9.4' x 14.8' with walk-in closet
• Bedroom 3 (right side) 9.4' x 10.3'
• Bedroom 4 (left side) 9.4' x 15'
• Bedroom 5 (right side) 9.4' x 11'
• 4 piece Bathroom 9.5' x 5' and 2 piece Bathroom 4.5' x 5.6'
• 2 Hallway linen/storage closets

Main Entrance

• New steel main Front door
• New vinyl flooring
• Transition foyer providing access to Upper unit and Lower unit
• Freshly painted (2011)

Kitchens / Eating Areas / Living Rooms

• New Kitchen
• Ceramic flooring (Kitchen)
• Laminate flooring (Living Room) 

Bedrooms

• Good sized
• Each complete with closet
• Laminate flooring

Bathrooms

• New 4 peice (2010)
• New 2 piece (2011)
• Ceramic flooring

Laundry Room (potential)

• Under stair/foyer is an ideal location to install coin operated machines OR
• Build small addition to rear of building for both units to access

Fittings

• Individual room controlled heating - Electric Baseboard
• 2 Refrigerators
• 2 Stoves
• 2 Hot Water Heaters (owned)
• Smoke detectors
• Lower unit Dehumidifier installed with direct automatic drain process
• Lower unit window guards

F.Y.I

The following links provide additional information pertaining to this home:

• Kingston Municipality website
• Queen's University website
• Queen's Rentals website

Neighbourhood

• Within 2.45 hours of the GTA
• Within 2.15 hours of Ottawa
• Within 5 minute walk to University Coin Wash
• Within walking distance to amenities

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