5 Bedroom
2 Bathroom
1,500 - 2,000 ft2
Forced Air
$849,000
Located just a short walk from Queens University downtown Kingston, 135 Nelson Street presents a prime opportunity to own a fully leased, turnkey student rental in one of Kingston's most sought-after investment areas. This five-bedroom, one-and-a-half-bath home is currently rented at $850 per room, with all tenants in place until April 2026 and an option to renew. The property has been a consistently strong-performing investment and has undergone a full facelift since purchase, including a rebuilt back deck, new front wooden steps, a fresh cement walkway, added grading to improve drainage, and an attic insulation top-up for improved efficiency. The home feels bright and airy, and has been a pleasure to lease out. The natural gas furnace was serviced last fall, and the roof was replaced in 2019. Another standout feature is the huge backyard - rare for the area - offering extra space for outdoor enjoyment or potential future use. The home also includes three parking spots, on-site laundry in the basement, and comes fully furnished, including a recently updated fridge and stove. With reliable second-year student tenants, strong rental income, and minimal upkeep required, this is a truly hands-off investment in the heart of Kingston's university district. (id:47482)
Property Details
MLS® Number
|
X12197979 |
Property Type
|
Single Family |
Neigbourhood
|
Williamsville |
Community Name
|
14 - Central City East |
Parking Space Total
|
3 |
Structure
|
Deck |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
5 |
Bedrooms Total
|
5 |
Age
|
100+ Years |
Appliances
|
Furniture |
Basement Development
|
Unfinished |
Basement Type
|
N/a (unfinished) |
Construction Style Attachment
|
Detached |
Exterior Finish
|
Vinyl Siding |
Foundation Type
|
Stone |
Half Bath Total
|
1 |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
1,500 - 2,000 Ft2 |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
132 Ft |
Size Frontage
|
33 Ft |
Size Irregular
|
33 X 132 Ft |
Size Total Text
|
33 X 132 Ft|under 1/2 Acre |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Bedroom 2 |
2.6 m |
2.49 m |
2.6 m x 2.49 m |
Second Level |
Bedroom 3 |
2.67 m |
3.6 m |
2.67 m x 3.6 m |
Second Level |
Bedroom 4 |
3.37 m |
3.51 m |
3.37 m x 3.51 m |
Second Level |
Bedroom 5 |
3.26 m |
3.46 m |
3.26 m x 3.46 m |
Main Level |
Foyer |
1.74 m |
5.91 m |
1.74 m x 5.91 m |
Main Level |
Living Room |
5.37 m |
3.42 m |
5.37 m x 3.42 m |
Main Level |
Kitchen |
4.69 m |
3.41 m |
4.69 m x 3.41 m |
Main Level |
Primary Bedroom |
3.5 m |
3.69 m |
3.5 m x 3.69 m |
https://www.realtor.ca/real-estate/28420043/135-nelson-street-kingston-central-city-east-14-central-city-east