512 JOHNSON STREET, Kingston (central City East), ON K7L1Z8
512 JOHNSON STREET, Kingston (central City East), ON K7L1Z8
512 JOHNSON STREET, Kingston (central City East), ON K7L1Z8
512 JOHNSON STREET, Kingston (central City East), ON K7L1Z8
512 JOHNSON STREET, Kingston (central City East), ON K7L1Z8
512 JOHNSON STREET, Kingston (central City East), ON K7L1Z8
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$ 1,150,000
Est. payment | /mo

6 Beds

2 Baths

1,500 SqFt


$ 1,150,000
Est. payment | /mo

6 Beds

2 Baths

1,500 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $766

Subdivision 14 - Central City East

MLS® Listing ID X13425808

Bedrooms 6

Property Sub-Type Freehold

Property Description

Welcome to a premium investment opportunity in the heart of downtown Kingston, in one of Canada's most resilient student housing markets! This home is just a 5-minute walk to Queen's University and is a turnkey, low-maintenance asset, featuring 6 bedrooms, 2 bathrooms + 2 rare downtown parking spots. Enjoy peace of mind with significant recent updates, including a brand-new furnace, modern flooring, updated wall finishes, bathroom showers and vanities, a new kitchen countertop/sink, updated lighting, and fresh paint throughout. This home is equipped with new stainless-steel kitchen appliances, including 2 refrigerators. New windows have been ordered and are scheduled for installation at the end of June 2026-fully paid for and completed for the new owner. Current Income: The property is fully leased through April 30, 2027, generating $63,000 annually ($875 per bedroom/month). Tenants are responsible for all utilities, providing predictable cash flow with minimal landlord expenses. Built-In Upside: Current rents are below market, and parking is not currently being charged. There is clear opportunity to substantially increase income through future rent adjustments and the introduction of parking fees. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 5.15 m X 5.97 m Bedroom 3

Extra Room 2 Second level 3.21 m X 4.03 m Bedroom 4

Extra Room 3 Second level 3.35 m X 2.35 m Bedroom 5

Extra Room 4 Second level 3.29 m X 4.08 m Bedroom

Extra Room 5 Second level 2.01 m X 1.66 m Bathroom

Extra Room 6 Main level 3.25 m X 4.1 m Kitchen

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://youriguide.com/512_johnson_st_kingston_on/

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Listed by KELLER WILLIAMS INSPIRE REALTY, BROKERAGE
Mr. Loveleen Dhall

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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512 JOHNSON STREET